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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
through which trade liberalization affects economic performance. Competition fosters innovation and technology adoption which …The paper studies the impact of trade liberalization on competition and productivity. Competition is the main channel …. 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
. Japan succumbed to this bashing, and the yen appreciated too much in 1985, with the result that Japan fell into a zero … of Japan (BOJ), the yen depreciated about 25% against the dollar, stoking fears of a return to Japan bashing by the US …
Persistent link: https://www.econbiz.de/10011134346
This paper discusses how financial crises in emerging Asia and Japan worked as catalysts for legal reforms. The …
Persistent link: https://www.econbiz.de/10011134347
With the rise of the People’s Republic of China (PRC) as the world’s largest trading nation (measured by trade value) and second largest economic power (measured by GDP), its economic influence over the neighboring emerging economies in East Asia has also risen. The PRC introduced...
Persistent link: https://www.econbiz.de/10011134348
As all eyes are on the strategy and policy measures of the People’s Republic of China (PRC) to push the international use of the yuan, this paper turns to the internationalization of the Japanese yen and compares it with what the PRC is doing. There are some fundamental differences in the...
Persistent link: https://www.econbiz.de/10011134351