Showing 1 - 10 of 10
Persistent link: https://www.econbiz.de/10009365312
Persistent link: https://www.econbiz.de/10009365315
The paper defines financial liberalization, distinguishing between liberalization of domestic financial markets and … followed a well thought out sequence whereby full capital account liberalization was to come after deepening domestic markets … markets and better domestic and international regulation is a necessary prerequisite for full convertibility. The direction of …
Persistent link: https://www.econbiz.de/10009365400
The paper defines financial liberalization, distinguishing between liberalization of domestic financial markets and … followed a well thought out sequence whereby full capital account liberalization was to come after deepening domestic markets … markets and better domestic and international regulation is a necessary prerequisite for full convertibility. The direction of …
Persistent link: https://www.econbiz.de/10009365446
restructuring to introduce private capital and increase competition. This has been accompanied by the introduction of new regulatory …, competition and the reform of state regulation are key themes of donor aid programmes, notably those of the World Bank. This paper … provides an econometric assessment of the effects of privatisation, competition and regulation on the performance of the …
Persistent link: https://www.econbiz.de/10009363506
between firm behavior and competition is estimated with price cost margin (price minus marginal costs over price) as indicator … of competition and profitability. The model is extended to assess the impact of imports on competition using import … and reduction of tariffs affect competition in the cement industry? Are imports effective in disciplining domestic firms …
Persistent link: https://www.econbiz.de/10009363771
This study aims at empirical investigation of the x-efficiency, scale economies, and technological progress of commercial banks operating in Pakistan using balance panel data for 29 banks. As banking sector efficiency is considered as a precondition for macroeconomic stability, monetary policy...
Persistent link: https://www.econbiz.de/10009363799
The paper studies the impact of trade liberalization on competition and productivity. Competition is the main channel … through which trade liberalization affects economic performance. Competition fosters innovation and technology adoption which …. Therefore, the strength of competition is a function not only of the behavior of firms but also of the external environment …
Persistent link: https://www.econbiz.de/10009365096
This paper reviews the current empirical literature on competition and market structure of Philippine industries. It … shows that weak competition is one of the fundamental factors that explain limited growth, productivity, and employment in …, while necessary, are not sufficient to foster effective competition. The success of these reforms depends on the creation of …
Persistent link: https://www.econbiz.de/10009365322
these shortcomings in the policy environment, there was a measurable improvement in competition and economic efficiency … dominant firms therefore enhancing competition and reducing monopoly power. Finally, there was less stability in market shares … after 1990, a development which reflects greater competition1. The evidence of enhanced competition over the decades of the …
Persistent link: https://www.econbiz.de/10009365349