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Growing like Germany : local public debt, local banks, low private investment

Hoffmann, Mathias; Stewen, Iryna; Stiefel, Michael - 2021 - This version: December 2020, first version: August 2019

The paper uses a panel of more than 1m German firms over 2010-2016, to provide the first firm-bank level evidence of local crowding out for a developed economy characterized by low interest rates and fiscal austerity. Our mechanism relies on two structural features of Germany's banking...

Persistent link: https://www.econbiz.de/10013330594

Sparkassen revisited : the resiliency of German savings banks between globalization and crises

Schwan, Michael; Cassell, Mark K. - In: IBF paper series (2022) 1, pp. 1-14

Despite changes in production networks, welfare state institutions or global finance, Germany's growth model still rests on its unique three-pillar banking system with its strong position of public and cooperative banks. This chapter takes a close look at German savings banks and reassesses the...

Persistent link: https://www.econbiz.de/10013179334

Upstream competition and open access regimes : experimental evidence

Horstmann, Niklas; Krämer, Jan; Schnurr, Daniel - 2015 - Very preliminary and incomplete

economic laboratory experiment we compare the market outcomes under unregulated wholesale competition, under a price …

Persistent link: https://www.econbiz.de/10011445891

Coexistence of service- and facility-based competition : the relevance of access prices for "make-or-buy"-decisions

Bendery, Christian M.; Goetz, Georg - 2011 - This version: September 2011

This paper models competition between two firms, which provide broadband In-ternet access in regional markets with … intensifies competition in all regions. We show that the cost-reducing potential of investments dominates the strategic effect …: Higher access fees increase facility-based competition, decrease retail prices and increase total demand. …

Persistent link: https://www.econbiz.de/10011526221

Drivers and barriers for commercial FTTH wholesale of alternative competitors : a case study-oriented analysis.

Tenbrock, Sebastian; Wernick, Christian - 2021

In Europe, alternative network operators have rolled out own FTTH networks in numerous regions. They often realise first mover advantages and thus dispose (at least for some time) of superior infrastructures. In comparison to copper infrastructures of incumbent operators, most alternative...

Persistent link: https://www.econbiz.de/10012803359

A cross-country analysis of Over-the-Top video market growth : a panel data analysis

Lee, Sangwon; Lee, Seonmi; Joo, Hye Min - 2018

Employing fixed effects regression models, this study examines influential factors of OTT video market growth in 50 countries. The results suggest that Netflix market entry, OTT market concentration, traditional pay TV market size, mobile broadband infrastructure, and income contribute to the...

Persistent link: https://www.econbiz.de/10012012980

Competitive effects of cable networks on FTTx deployment

Queder, Fabian - 2019

considered cable networks a potential source for competition in fixed telecommunication markets. In the early 2000s, due to … provisioning. Today's European telecommunications markets are therefore characterized by inter-platform competition between cable …

Persistent link: https://www.econbiz.de/10012154036

Fixed-to-mobile substitution : effects of mobile broadband subscription on fixed broadband termination

Supanika Leurcharusmee; Jirakom Sirisrisakulchai; … - 2017

Motivation, background and problem statement: Fixed and mobile broadband substitutability has recently been a debate in the telecom industry as the issue affects infrastructure investment decisions of service providers and service obligation regulation decision of telecom authorities. Previous...

Persistent link: https://www.econbiz.de/10011751169

Import competition and firm productivity : evidence from German manufacturing

Braeuer, Richard; Mertens, Matthias; Slavtchev, Viktor - 2020

This study analyzes empirically the effects of import competition on firm productivity (TFPQ) using administrative firm …-level panel data from German manufacturing. We find that only import competition from high-income countries is associated with … positive incentives for firms to invest in productivity improvement, whereas import competition from middle- and low …

Persistent link: https://www.econbiz.de/10012426234

Entry regulation and competition evidence from retail and labor markets of pharmacists

Rostam-Afschar, Davud; Unsorg, Maximiliane - 2021

We examine a deregulation of German pharmacists to assess its effects on retail and labor markets. Our theoretical model suggests that firms with high managerial efficiency open more stores per firm and have higher labor demand due to the reform. We find a sharp persistent increase in entry...

Persistent link: https://www.econbiz.de/10013337733