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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
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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
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Competition and market strategies in the Swiss fixed telephony market
Balmer, Roberto E. - 2015
at the retail level. A rapid price decline and a decline in revenues followed. Increased retail competition eventually … be justified on the basis of a lack of competition. …
Persistent link: https://www.econbiz.de/10011433008
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A model of cross-border tourism competition
Chen, Kaifan; Kuroda, Tatsuaki - 2015 - Preliminary version
competition among counties. The present paper highlights the situation in which the citizens of two countries have the opportunity …
Persistent link: https://www.econbiz.de/10011482449
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Territorial competition : theories, arguments, policies and lessons of the last 25 years
Kapitsinis, Nikolaos; Metaxas, Theodore - 2012
Much of the current policy and scientific debate regarding territorial development focuses on territorial competition …, which is a result of the outspread of competition (the centerpiece in classical and neoclassical political economy) over … many aspects of other disciplines except economics, including geographical science. Territorial competition as a concept …
Persistent link: https://www.econbiz.de/10011507848
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New objectives of the French high-speed rail system within the framework of a highly centralized network : a substitute for the domestic air transport market? : ERSA-NECTAR special...
Zembri, Pierre - 2010
SNCF can be considered as an active player in the Air transport competition, offering low travel times, competitive prices … Marseilles, 21 between Paris and Bordeaux, etc. The development of the TGV network creates new opportunities of competition with … Air France and other carriers. That is one of the reasons of the relative weakness of competition within the domestic Air …
Persistent link: https://www.econbiz.de/10011560294
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Estimating the impact of co-investment on fiber to the home coverage, adoption and competition
Aimene, Louise; Lebourges, Marc; Liang, Julienne - 2019
Does co-investment enhance fiber to the home (FTTH) coverage, adoption and competition? We combine several French … insert the correction term derived from the entry model in the FTTH coverage (adoption, competition) regression to correct … FTTH adoption during the 2015-2018 study period and also a more intense competition as shown through the decrease in Orange …
Persistent link: https://www.econbiz.de/10012151918
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Antitrust for internet gianst
Taschdjian, Martin; Alleman, James H. - 2018
There can be no doubt that the FANG companies – Facebook, Amazon, Netflix and Google, as well as Twitter – have transformed society since their emergence. Like all social transformations, the changes wrought by their services have had ripple effects that are both positive and negative. On...
Persistent link: https://www.econbiz.de/10012010582
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The hard decision of mobile operators : a dumb pipe or a value-added service provider
Huang, Kuang-Chiu; Liu, Chen-Hao - 2017
predicted the level of complex and competition will rise in whole market. The business expansion from scale of economies and the … operators affect the competition between mobile operators and OTT service providers. One is network neutrality and the other is …
Persistent link: https://www.econbiz.de/10011760305
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Impact of technical progress on the relationship between competition and investment
Jeanjean, François - 2018
This paper investigates the impact of technical progress on the relationship between competition an investment. Using a … model of oligopoly competition with di¤erentiated products where firms invest to reduce their marginal cost of production, I … competition that maximizes investment of the industry. This feature holds also for consumer surplus and Welfare. In the model …
Persistent link: https://www.econbiz.de/10011957665