Showing 1 - 10 of 11
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
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
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
In 2000, there were as many countries served by a single mobile network as by network competition. Today, only 30 … low coverage, inefficient duplication of costs and lack of competition. To date, the authors are not aware of such single … light on the expected performance of single wholesale networks. The key result is that countries with network competition …
Persistent link: https://www.econbiz.de/10011445481
In this paper, we formulate and estimate a structural model of demand to analyse the equilibrium effect of the RAN sharing by using cross-country panel data in 28 EU countries in years 2010-2020. Based on model estimates, our simulation analysis in Spain firstly provides a quantitative...
Persistent link: https://www.econbiz.de/10012804946
form of price, handset or bundling based competition. In this paper we explore the impact that one such disruptive mobile …
Persistent link: https://www.econbiz.de/10011596971
This paper investigates the impacts of the current roaming rules on domestic competition and welfare. We consider a …
Persistent link: https://www.econbiz.de/10012804890
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
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
regional level (see Fritsch, 2008, for a survey) which suggests that competition among incumbent firms is caused by (lagged …) start-up rates. Contrary to earlier research the present paper employs a direct measure of the level of competition between …
Persistent link: https://www.econbiz.de/10012170064