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In this paper we re-examine empirically the Structure-Conduct-Performance relationship between concentration and profitability using new data on Russia that allow us to overcome the endogeneity problem of market structure and expand on the traditional analysis in several ways. The analysis...
Persistent link: https://www.econbiz.de/10005124424
This paper analyses the impact of competition among downstream firms on an upstream firm's payoff and on its incentive … to vertically integrate when firms on both segments negotiate optimal contracts. We argue that tougher competition … firm is better off encouraging competition when the downstream firms have high bargaining power. We derive implications on …
Persistent link: https://www.econbiz.de/10005497922
government regulation may reduce transaction costs, intensifying the competition associated with a given market structure, and we …
Persistent link: https://www.econbiz.de/10005504465
. Competition from venture capitalists increases corporate venturing activity, the salaries of potential entrepreneurs, and total …
Persistent link: https://www.econbiz.de/10005067369
substitutability of market competition and private ownership in increasing firm efficiency. We analyse a simple Cournot model that … competition, and thus that competition only among state-owned enterprises may be ineffectual in stimulating them to increase …
Persistent link: https://www.econbiz.de/10005114270
impact of several dimensions of market competition and other factors on enterprise efficiency. We analyse 1992-1998 panel …, intensity, time path, and survival effects of competitive pressures. We find large, positive effects on TFP from competition in …
Persistent link: https://www.econbiz.de/10005661595