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We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public utilities) taking a differential game approach, in which quality is a stock variable. Using a Hotelling framework, we derive the open-loop solution (providers commit to an...
Persistent link: https://www.econbiz.de/10005504502
We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public utilities), using a Hotelling framework, in the presence of sluggish demand. We take a differential game approach, and derive the open-loop solution (providers commit to an...
Persistent link: https://www.econbiz.de/10005498167
‘gravity’ model of bilateral merchandise trade and a large panel data set covering over 50 years and 175 countries. My results …
Persistent link: https://www.econbiz.de/10005504751
I search for a 'scale' effect in countries. I use a panel data set that includes 200 countries over forty years and …
Persistent link: https://www.econbiz.de/10005498014
during cyclic downturns; if anything, they tend to fall. I document this new stylized fact with a wide panel of data, using a …
Persistent link: https://www.econbiz.de/10011083599
stability. Are there important differences between the economic outcomes of the two stable regimes? I examine a panel of annual …
Persistent link: https://www.econbiz.de/10011083734
their presence is apparent empirically. I use a panel data approach, examining the difference in inflation before and after …
Persistent link: https://www.econbiz.de/10011084572
-temporally. Using a panel of data covering 20 industrialized countries from 1959 through 1993, I examine the volatilities of a host of …
Persistent link: https://www.econbiz.de/10005661517
trade. The panel data set used includes bilateral observations for five years spanning 1970 through 1990 for 186 countries …
Persistent link: https://www.econbiz.de/10005666776
large panel data set covering fifty years and over 200 trading partners. The model controls for a host of factors that …
Persistent link: https://www.econbiz.de/10005788986