Showing 1 - 10 of 45
This paper evaluates how different lengths of entry regulation impact market structure and market performance using a dynamic structural model. We formulate an oligopoly model in the tradition of Ericson and Pakes (1995) and allow entry costs to vary over time. Firms have the opportunity to...
Persistent link: https://www.econbiz.de/10010670793
The existing literature on "two-sided markets" addresses participation externalities, but so far it has neglected pecuniary externalities between competing platforms. In this paper we build a model that incorporates both externalities. In our setup differentiated platforms compete in advertising...
Persistent link: https://www.econbiz.de/10005196311
For several years, an increasing number of firms have been investing in Open Source Software (OSS). While improvements in such a non-excludable public good cannot be appropriated, companies can benefit indirectly in a complementary proprietary segment. We study this incentive for investment in...
Persistent link: https://www.econbiz.de/10005406315
In many countries entrepreneurship is promoted through tax reductions for small businesses and by various government …
Persistent link: https://www.econbiz.de/10009024844
This study provides evidence that shocks to the supply of trade finance have a causal effect on U.S. exports. The … a U.S. bank’s share of the trade finance market in a country is, the larger should be the effect on exports to that …’s supply of letters of credit increases export growth, on average, by 1.5 percentage points. The effect is larger for exports …
Persistent link: https://www.econbiz.de/10010948822
I show in this paper that incomplete contracts affect a firm’s decision about serving foreign customers through exports …
Persistent link: https://www.econbiz.de/10008727292
This paper studies how firm-level export performance is affected by Real Exchange Rate (RER) volatility and investigates whether this effect depends on existing financial constraints. Our empirical analysis relies on export data for more than 100,000 Chinese exporters over the 2000-2006 period....
Persistent link: https://www.econbiz.de/10010671572
“Northern” group’s exports to other EU15 countries (which have remained intact), the Southern countries’s exports to the other …
Persistent link: https://www.econbiz.de/10005094267
-off between exports and foreign direct investment as alternative modes of foreign market access. The paper derives comparative …
Persistent link: https://www.econbiz.de/10005094313
technology chooses either exports or technology transfer through licensing as its mode of supplying the Southern market, based on … increasing its exports. Welfare in the South would rise (fall) if that country has high (low) absorptive capacity. Excessively …
Persistent link: https://www.econbiz.de/10005406245