Showing 1 - 10 of 262
organizational structure and technology of rival banks in the vicinity influence local banking competition. …Recent theoretical models argue that a bank’s organizational structure reflects its lending technology. A …. We investigate theoretically and empirically how bank organization shapes banking competition. Our theoretical model …
Persistent link: https://www.econbiz.de/10005136523
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 … technology, called vertically integrated production, and this reallocation of output was responsible for a third of the increase …
Persistent link: https://www.econbiz.de/10011083447
We investigate theoretically and empirically the competitive effects of increased trade on prices, productivity and markups. Using disaggregated data for EU manufacturing over the period 1988-2000 we find increased openness exerts a negative and significant impact on sectoral prices. Increased...
Persistent link: https://www.econbiz.de/10005667140
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the US over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained. Finally,...
Persistent link: https://www.econbiz.de/10005792213
technology (like R&D). Technologies can account for up to a quarter of the growth in demand for the college educated in the …
Persistent link: https://www.econbiz.de/10008553070
differences, unobserved region-industry factor quality differences and variation in production technology across industries. We … findings, including multiple cones of diversification, region-industry technology differences, agglomeration, and increasing …
Persistent link: https://www.econbiz.de/10005123669
relationship between technology intensity and vertical integration from a simple incomplete contracts model. Then, we investigate … find that the technology intensities of downstream (producer) and upstream (supplier) industries have opposite effects on … measures of technology intensity, with alternative estimation strategies, and with or without controlling for a number of firm …
Persistent link: https://www.econbiz.de/10005123944
computerization instead of R&D as a measure of technology; (iv) in the Anglo-Saxon countries a maximum of one-third of the aggregate …
Persistent link: https://www.econbiz.de/10005124191
management, as a key factor. A model of the interaction between technology, organization and economic performance is then … adjustment in technology-using sectors if it is not suited to the social capabilities of the society; (4) reversal of …
Persistent link: https://www.econbiz.de/10005124451
Poor countries must specialize in standardized, labour-intensive commodities. Middle-income countries may have a richer menu of options available to them if their labour force is reasonably well-educated and skilled. This paper is motivated by the possibility that there may exist multiple...
Persistent link: https://www.econbiz.de/10005067410