<abstract xmlns="http://www.w3.org/1999/xhtml">We explore the pro-competitive effects of trade policies in a model where a competitive fringe of domestic firms compete with a foreign duopoly exporting vertically differentiated goods. We show that discriminatory nonuniform tariff policies are preferred over the Most Favored Nation (MFN) clause because, besides extracting rents from foreign firms, they foster competition in the market. Regional Trading Agreements (RTAs), which favor members relative to non-members, are examples of such nonuniform tariff policies.</abstract>

VU University Amsterdam and University of Groningen

On the Pro-competitive Effects of Regional Trading Agreements

<abstract xmlns="http://www.w3.org/1999/xhtml">Bahrains financial sector development strategy succeeded in building a leading regional banking center, which has become one of the main engines of growth and sources of employment. Based on bank level productivity estimates obtained using non-parametric estimation, the paper concludes that Bahrain continues to occupy a front-runner position among sample GCC countries. Results also reveal that: (i) banks in Bahrain still lag behind their Singaporean counterparts (included in the study as a benchmark), and (ii) there is strong competition from other countries in the region. The results appear to be robust with respect to changes in the sample size and model specifications.</abstract>

Cross-Country Nonparametric Analysis of Bahrains Banking System

<abstract xmlns="http://www.w3.org/1999/xhtml">The present essay makes an attempt to examine the sociocultural field with a constructivist approach, which gives an opportunity to interpret the concept of “border” in a discursive way. This approach emphasises the importance of the role of the ideas and values related to the creation and the development of cross-border regions. The essay places great emphasis on security and cultural communities that are necessary for cross-border cooperation and sustainable regionalism. According to constructivism, security means the communities are in a mutual multi-level connection and people try to avoid conflicts with dialogue, cooperation and socialization. A cultural community along a border is a community created by border societies whose members mutually influence each other. Because of these two aspects, a good neighbourly relation can develop along the border, which may have beneficial effects on the economy of the whole country</abstract>

Constructivist Views of Cooperation along the Border

<abstract xmlns="http://www.w3.org/1999/xhtml">The judgement of self-governmental operation and the evaluation of providing public services have been focused on since the democratic transformation. By the 1st of January 2012 (CXCIX/2011. and CLXXXIX/2011. law) amendment of the Hungarian on civil servants, the civil servants work performance evaluation system has been introduced with the consideration of the principles of the civil servants carrier programme. The purposes of this evaluation system are made in order to grow the workers management efficiency in the field of public service, and also to improve their work standards.</abstract>

Evaluation and Measurement in Local Public administration

<abstract xmlns="http://www.w3.org/1999/xhtml">In the area of the financial services, the contracts are not between equal signatories to a treaty. On one side there is a professional financial institution while on the other side there is a client with lack of information and weak ability to enforce interest. The high school student age group is in a rather exposed situation because they have to make very serious financial decisions. As far as Hungary concerned, a negative social mood towards banks is accompanied by poor financial literacy, and therefore, financial institutions have a lot to do in order to gain confidence in the young generation. However, in the long term, a financial institution can only achieve market success if it can integrate moral viewpoints into its corporate policy.</abstract>

Moral Organisation: Dream Or Reality

<abstract xmlns="http://www.w3.org/1999/xhtml">We study Monte Carlo simulation in some recent versions of random coefficient logit models that contain large sums of expressions involving multivariate integrals. Such large sums occur in the random coefficient logit with demographic characteristics, the random coefficient logit with limited consumer information and the design of choice experiments for the panel mixed logit. We show that certain quasi-Monte Carlo methods, that is, so-called (t, m, s)-nets, provide improved performance over pseudo-Monte Carlo methods in terms of bias, standard deviation and root mean squared error.</abstract>

Monte Carlo Simulation in Random Coefficient Logit Models Involving Large Sums

AHEAD OF PRINT

Volume 11 (2023): Issue 1 (October 2023)

Volume 10 (2022): Issue 1 (September 2022)

Volume 9 (2021): Issue 1 (September 2021)

Volume 8 (2020): Issue 1 (October 2020)

Volume 7 (2019): Issue 1 (December 2019)

Volume 6 (2018): Issue 1 (December 2018)

Volume 5 (2017): Issue 1 (November 2017)

Volume 4 (2016): Issue 1 (December 2016)

Volume 3 (2015): Issue 1 (December 2015)

Volume 2 (2014): Issue 1 (October 2014)

Volume 1 (2013): Issue 1 (July 2013)

Acta Universitatis Sapientiae, Economics and Business

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