Showing 1 - 10 of 254
This paper empirically investigates the effectiveness of competition policy by estimating its impact on Total Factor … significant effect of competition policy as measured by newly created indexes. We provide several arguments and results based on … causal way. At a disaggregated level, the effect on TFP growth is particularly strong for specific aspects of competition …
Persistent link: https://www.econbiz.de/10008528531
(cooperative) determination of competition policy, exploring the properties of the policy equilibrium. It is not imperfect … competition, but variation in competitive stance between sectors that matters for trading partners. Beggar …-thy-neighbor competition policies relate to countries' comparative advantages, and hurt the factor intensively used, or specific to, the …
Persistent link: https://www.econbiz.de/10005136427
For a variety of reasons, it is likely that the market definition approach will remain an important tool in competition …
Persistent link: https://www.econbiz.de/10005136670
How many cartels are there? The answer is important in assessing the efficiency of competition policy. We present a … industry or not. Our model identifies key policy parameters from data generated under different competition policy regimes and …
Persistent link: https://www.econbiz.de/10008468608
Team production is a frequent feature of modern organizations. Combined with team incentives, team production can create externalities among workers, since their utility upon accepting a contract depends on their team’s performance and therefore on their colleagues’ productivity. We study...
Persistent link: https://www.econbiz.de/10011084476
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
In this Paper we analyse the impact of product market competition and ownership structure on corporate performance. We … the separate effects of competition and ownership concentration on firm level productivity growth. Next, we investigate … bias that could affect the productivity levels and productivity growth. Our results show that product market competition …
Persistent link: https://www.econbiz.de/10005661646
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
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
The objective of the paper is to elaborate a simulation model to analyse inter and intra-modal competition in the … effect of a kerosene tax. Hence our framework could serve as a tool to measure the effectiveness of competition on a relevant … market or to design marketing strategies. More generally it can be applied in cases of oligopolistic competition when …
Persistent link: https://www.econbiz.de/10005656264