Showing 1 - 10 of 207
substitutability of market competition and private ownership in increasing firm efficiency. We analyse a simple Cournot model that … distinguishes two aspects of privatization interacting with market opening: privatization of a firm and privatization of its … 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
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
varies across regions. We study the effects of privatization, the importance of different types of owners, the effects of … foreign and domestic competition, the consequences of soft budgets, and the role of managerial incentives and managerial human …
Persistent link: https://www.econbiz.de/10005504282
Using a new data set of the telecommunications sector on privatization (1981-98 for 167 countries) and competition … policies (1990-98 for roughly 50 countries), this Paper investigates the political economy determinants of privatization and … liberalization in the telecommunications sector. Building on the framework of a generalized private interest theory, we derive …
Persistent link: https://www.econbiz.de/10005504478
. However, privatization may increase quality by fostering performance-improving innovation, particularly if combined with … increased competition. We assemble a large data set on elderly care services in Sweden between 1990 and 2009 and estimate how … difference-in-difference-in-difference approach. The results indicate that privatization and the associated increase in …
Persistent link: https://www.econbiz.de/10011084097
; corporate governance; market structures and competition; and financial constraints. We conclude that private ownership and …
Persistent link: https://www.econbiz.de/10005666814
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
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