Showing 1 - 10 of 256
This paper analyzes the impact of deregulation and market integration policies on the structure of European banking … extent to which competition in banking is based on endogenous sunk costs or, alternatively, on variable costs and exogenous … proposes an empirical test of the dominant form of competition. This procedure is applied to data for eleven EU countries …
Persistent link: https://www.econbiz.de/10005067386
; corporate governance; market structures and competition; and financial constraints. We conclude that private ownership and …
Persistent link: https://www.econbiz.de/10005666814
varies across regions. We study the effects of privatization, the importance of different types of owners, the effects of … foreign and domestic competition, the consequences of soft budgets, and the role of managerial incentives and managerial human …
Persistent link: https://www.econbiz.de/10005504282
Using a new data set of the telecommunications sector on privatization (1981-98 for 167 countries) and competition … policies (1990-98 for roughly 50 countries), this Paper investigates the political economy determinants of privatization and …
Persistent link: https://www.econbiz.de/10005504478
substitutability of market competition and private ownership in increasing firm efficiency. We analyse a simple Cournot model that … distinguishes two aspects of privatization interacting with market opening: privatization of a firm and privatization of its … competition, and thus that competition only among state-owned enterprises may be ineffectual in stimulating them to increase …
Persistent link: https://www.econbiz.de/10005114270
. However, privatization may increase quality by fostering performance-improving innovation, particularly if combined with … increased competition. We assemble a large data set on elderly care services in Sweden between 1990 and 2009 and estimate how … difference-in-difference-in-difference approach. The results indicate that privatization and the associated increase in …
Persistent link: https://www.econbiz.de/10011084097
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
This paper analyzes optimal procurement mechanisms in a setting where the procurement agency has incomplete information concerning the firms' cost functions and cares about quality as well as price. Low type firms are cheaper than high type firms in providing low quality but more expensive when...
Persistent link: https://www.econbiz.de/10009385768
We assess how banking competition will be affected by the process of deregulation and integration in European financial … regulatory capture to competition. Nevertheless, competition will be imperfect due to the presence of significant economic …' outcomes. The analysis suggests that European banks will seek to offset the increased competition brought about by 1992 by …
Persistent link: https://www.econbiz.de/10005666400
What determines the enforcement of deregulation reform of business activities? What are the outcomes of deregulation … variation. 2) The enforcement of deregulation reform was better in regions with a transparent government, low corruption, better … substantial positive effect of deregulation on net entry and small business employment and no effect on pollution and public …
Persistent link: https://www.econbiz.de/10005667109