Showing 1 - 10 of 126
The 1998 reform of the Italy's retail trade sector delegated the regulation of entry of large stores to the regional governments. We use the local variation in regulation to determine the effects of entry barriers on firms' performance for a representative sample of retailers. We address the...
Persistent link: https://www.econbiz.de/10005661440
entry. But in oligopolistic markets, the mechanisms whereby potential competition can discipline the behaviour of incumbent … develops a model in which potential competition has no direct effect upon the pricing behaviour of incumbents, but affects the … entry barrier, as well as helping firms to segment the market in a way that blunts the force of price competition. These …
Persistent link: https://www.econbiz.de/10005661862
concentrated on one or a small number of firms in the sector. Using a theoretical framework in which two firms may choose either to … operate in the same "higher-growth" sector or in different, "lower-growth" sector. We use a panel of medium and large Chinese … 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
. Our model allows firms to shroud, unshroud, or partially unshroud add-on prices. Results show that consumer education may …
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 …
Persistent link: https://www.econbiz.de/10005041097
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 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
-sharing, screening opportunities, and competition are important driving forces behind these new forms of work organization. We document … implement a control strategy, which consists of low effort discretion and little or no rent-sharing, or they implement a trust … competition substantially fosters the trust strategy, reduces market segmentation, and leads to large welfare gains for both …
Persistent link: https://www.econbiz.de/10008468606
industry or not. Our model identifies key policy parameters from data generated under different competition policy regimes and …How many cartels are there? The answer is important in assessing the efficiency of competition policy. We present a … may be used with time-series or panel data. We take the model to data from a period of legal cartels - Finnish …
Persistent link: https://www.econbiz.de/10008468608
Using a general two-stage framework, this paper gives sufficient conditions for increasing competition to have negative … or positive effects on R&D-investment, respectively. Both possibilities arise in plausible situations, even if one uses … relatively narrow definitions of increasing competition. The paper also shows that competition is more likely to increase the …
Persistent link: https://www.econbiz.de/10008468679