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; corporate governance; market structures and competition; and financial constraints. We conclude that private ownership and …
Persistent link: https://www.econbiz.de/10005666814
We construct a price-theoretic model of firms' integration decisions under perfect competition and study their …
Persistent link: https://www.econbiz.de/10005661865
How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that there is heterogeneity across industries - incumbents in technologically advanced industries react positively to entry, but not in laggard industries. To explain this pattern, we...
Persistent link: https://www.econbiz.de/10005114280
We examine a Bertrand competition game between two intermediaries offering matching services between two sides of a …
Persistent link: https://www.econbiz.de/10005136667
This Paper examines the importance of competition in the growth and development of firms. We make use of the large …-scale natural experiment of the shift from an economic system without competition to a market economy to shed light on the factors … environment, and needed to innovate at least modestly in order to survive. Second, we measure directly the degree of competition …
Persistent link: https://www.econbiz.de/10005067370
This paper analyses the impact of competition among downstream firms on an upstream firm's payoff and on its incentive … to vertically integrate when firms on both segments negotiate optimal contracts. We argue that tougher competition … firm is better off encouraging competition when the downstream firms have high bargaining power. We derive implications on …
Persistent link: https://www.econbiz.de/10005497922
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
government regulation may reduce transaction costs, intensifying the competition associated with a given market structure, and we …
Persistent link: https://www.econbiz.de/10005504465
substitutability of market competition and private ownership in increasing firm efficiency. We analyse a simple Cournot model that … 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
general business environment and a range of measures of the intensity of competition as perceived by a firm. We find that … competition has an important and non-monotonic effect on the growth of sales and of labour productivity: some degree of perceived … market power is associated with higher sales growth, but competitive pressure is also important. Similar competition effects …
Persistent link: https://www.econbiz.de/10005114471