10 research outputs found
The Internationalisation of the Spanish food industry: The home market effect and European market integration
The objective of this study was to analyse, from a long-term perspective, the factors determining the process of the internationalisation of the Spanish agrifood industry. The paper concentrates on the empirical verification of the existence of a home market effect in the food and drink industries in Spain and on the effects on trade flows of integration into the European Union. With this aim in mind, we took into account the latest contributions to the estimation of the gravity equation for a sample of export flows from 13 agrifood subsectors between 1970 and 2012, with a destination of 175 markets. From the results of the study the existence of the “home market effect” stands out as the determining factor of the increasing process of internationalisation in the majority of the subsectors of the food industry. On this point, the presence of this effect is remarkable in the most dynamic industries, where the process of restructuring caused by the development of the internal market was more intense. Furthermore, the influence of the process of European integration has been shown by the literature to be a very important factor. Our results qualify in part the results of previous studies, since the positive effect appeared later than expected. The positive effects did not appear until the completion of the process of transition by the dismantling of the barriers established in the treaty of accession to the European Union
Measuring the market power in the ceramic tile industry: An international comparison
Market power, ceramic tiles, exports,
SECURITY ECONOMICS: A GUIDE FOR DATA AVAILABILITY AND NEEDS
The rapid and accelerating development of security economics has generated great demand for more and better data, to accommodate the empirical research agenda. The present paper serves as a guide to policy makers and researchers for security-related databases. The paper focuses on two main issues. First, it takes stock of the existing databases and highlights their main components. Second, it discusses data shortages and needs that are considered essential for enhancing our understanding of the complex phenomenon of terrorism, as well as designing and evaluating policy.Security economics, Datasets, Terrorism,
Beyond Trade Costs: Firms’ Endogenous Access to International Markets
In this paper, we explore another factor besides trade costs that can affect firms’ exports: strategic interaction between firms in R&D investment. Three results can be highlighted. First, the volume of trade is higher in the presence of R&D than in the absence of it, given that R&D reduces marginal costs. Second, like with reductions in trade costs, international trade grows with increases in the return on R&D, since technological progress enhances firms’ competitiveness. Third, when firms differ in commitment power in R&D, the R&D leader plays strategically in R&D in order to become more competitive and to be more active in international markets than the R&D follower