Showing 1 - 10 of 285
In this paper we examine the causal impact of competition on management quality. We analyze the hospital sector where … geographic proximity is a key determinant of competition, and English public hospitals where political competition can be used to … survival rates from emergency heart attack admissions (AMI). More importantly, we find that higher competition (as indicated by …
Persistent link: https://www.econbiz.de/10008468548
This paper examines the role of competition in productivity perfromance in Britain over the period from the late … 1930s to the 1970s undermined productivity growth but since the 1970s stronger competition has been a key ingredient in … ending relative economic decline. The productivity implications of the retreat from competition resulted in large part from …
Persistent link: https://www.econbiz.de/10009024927
in the industry's productivity. Second, increased competition, due to the expansion of minimills, drove a substantial …We measure the impact of a drastic new technology for producing steel, the minimill, on the aggregate productivity of U …'s productivity is linked to this new technology, and operates through two distinct mechanisms. First, minimills displaced the older …
Persistent link: https://www.econbiz.de/10011083447
We investigate theoretically and empirically the competitive effects of increased trade on prices, productivity and … productivity. In response to an increase in openness, markups show a steep short run decline, which partly reverses later, while … productivity rises in a manner that increases over time. Our estimates suggest that EU manufacturing prices fell by 2 …
Persistent link: https://www.econbiz.de/10005667140
-level productivity, profitability, Tobin’s Q, sales growth and survival rates. Management practices also display significant cross … competition is weak and/or when (b) family-owned firms pass management control down to the eldest sons (primo geniture). European … firms report lower levels of competition, while French and British firms also report substantially higher levels of primo …
Persistent link: https://www.econbiz.de/10005661978
downstream sectors, which often face tough international competition. Such firms lose market share, thus worsening the economic … performance of the country. We try to document the importance of this link between competition problems and growth by analysing … from competition problems perform worse in terms of net exports, export growth and output growth. …
Persistent link: https://www.econbiz.de/10005067650
competition, Bertrand and Cournot oligopoly) international competition forces the national government to subsidize innovation. The …
Persistent link: https://www.econbiz.de/10005666416
period, which invite us to revisit the issue. This paper argues that sectoral state aids tend to foster productivity …, productivity growth, and product innovation to a larger extent when it targets more competitive sectors and when it is not … enterprises for the period 1998 through 2007 to test for complementarity between competition and industrial policy. A main …
Persistent link: https://www.econbiz.de/10009359485
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10009367427
critical size, and competition to reach a critical level of intensity. By allowing an economy to produce a greater variety of … theory in a dynamic general equilibrium model calibrated to England's long-run development and explore how various factors …
Persistent link: https://www.econbiz.de/10005041097