Showing 1 - 10 of 186
WTO members are starting to consider whether and how to develop multilateral disciplines on competition policies. These … competition existing on member country markets. We argue in this paper that collection of simple measures of industrial structure … and import penetration would be useful in characterizing the 'conditions of competition' that prevail in an economy …
Persistent link: https://www.econbiz.de/10005124160
We examine the firm- and country-level determinants of the currency denomination of small business loans. We first model the choice of loan currency in a framework which features a trade-off between lower cost of debt and the risk of firm-level distress costs, and also incorporates the impact of...
Persistent link: https://www.econbiz.de/10008496451
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
government regulation may reduce transaction costs, intensifying the competition associated with a given market structure, and we …
Persistent link: https://www.econbiz.de/10005504465
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
product competition tends to increase the relative profitability of innovation for sale relative to entry. Increased … competition reduces entrants' and acquirers' profits in a similar fashion, but also reduces the profit of non-acquirers. Therefore …, incumbents' valuations of innovations are less negatively affected by increased competition than entrants' profits. This, in turn …
Persistent link: https://www.econbiz.de/10005497863
This Paper introduces optimal competition: the best form of competition in an industry that a competition authority can … competition outcome in an industry becomes more competitive as more money is spent in the industry, as the competition authority … puts less weight on producer surplus and more weight on employment. The relation between competition and entry costs is U …
Persistent link: https://www.econbiz.de/10005789187
multinationals also concerns developing countries, particularly the New Industrialized Countries (NICs). Indeed, both our theory and …
Persistent link: https://www.econbiz.de/10005124163
difficulties. Former state-owned enterprises are reorienting sales to Western markets under the pressure of competition from a new …
Persistent link: https://www.econbiz.de/10005136480
advertising is an important aspect of bank competition. …
Persistent link: https://www.econbiz.de/10005136668