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efficiency, taking into account the regulatory changes that have affected the European airline industry. We construct and …
Persistent link: https://www.econbiz.de/10005667136
We study the effect of entry on costs and competition in the Portuguese mobile telephony industry. We construct and … effort. We show that failure to account for cost reducing effort leads to biased estimates of competition in the industry. We … significant cost reductions, and fostered competition. …
Persistent link: https://www.econbiz.de/10005791373
local network externalities, in contrast to global network externalities, don't necessarily sharpen competition. Then we …
Persistent link: https://www.econbiz.de/10008530382
potential to increase the intensity of competition as well as to act as a channel for technology transfers. One would expect …) enjoy higher levels of efficiency and have the potential to generate positive spillovers. At the same time, the entry of …
Persistent link: https://www.econbiz.de/10005497928
estimations of trade reorientation reveal that cost efficiency, export subsidy and foreign demand played important and varying … roles between 1981 and 1990. During the last two years cost efficiency ceased to exert an influence on the process, and …
Persistent link: https://www.econbiz.de/10005666895
Existing estimates of the annual unemployment rate from 1870 to 1913 were constructed by the Board of Trade, initially in 1888, and updated thereafter. This is still the series which is widely used and cited. It is based on records of the number unemployed in various trade unions and it has a...
Persistent link: https://www.econbiz.de/10005666759
mysterious doubling in the ratio of output to capital input when the postwar era is compared with 1870-1929. Measurement … the measurement of capital. A new MFP series taking account of all these adjustments grows more slowly throughout, and the …
Persistent link: https://www.econbiz.de/10005124204
Replication of two recent studies of growth determinants shows that results are sensitive to the choice of data from which growth rates are calculated, especially with respect to whether economic convergence has occurred. Previous warnings against using data that has been adjusted to increase...
Persistent link: https://www.econbiz.de/10005656283
In this article, we review the literature on the measurement of trade costs in international trade with a special …
Persistent link: https://www.econbiz.de/10011083427
efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …
Persistent link: https://www.econbiz.de/10011213309