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Mutual funds are the most popular vehicle of investing in the stock market and their performance evaluation is a topic dear to both investors and academics. Surprisingly, mutual funds have not played a very important role in the Pakistani stock market and perhaps consequently almost nothing has...
Persistent link: https://www.econbiz.de/10009365443
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 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
cost and liquidity, and a positive relationship between transaction cost and volatility. Therefore, if the government … imposes CTT, it would lead to higher volatility and lower trading activity affecting market efficiency and liquidity …
Persistent link: https://www.econbiz.de/10009365429
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 examines the basic reasons and feasible remedies for organizational weakness, and the possible contribution of ownership, industry and management structure, leadership, social norms, and institutional incentives to alleviating the weaknesses in the Indian context. The arguments are...
Persistent link: https://www.econbiz.de/10009363763
New technology in the seed sector has brought in new actors and new requirements for regulation. It is important to discuss how far India is working on new opportunities and policy options for effective and rationale regulatory framework. Equally important is to analyze how socio-economic...
Persistent link: https://www.econbiz.de/10009363792
This paper investigates the optimality of intertemporal price discrimination for a durable-good monopoly in a model where infinitely-lived households face an intertemporal budget constraint, and consume both durable goods and non-durable goods. We prove that the optimal price of the durable good...
Persistent link: https://www.econbiz.de/10009365340
This paper examines the optimality of intertemporal price discrimination when network externality effects are present in the consumption of a durable good. We conduct our study in two settings. In a model with two household types, utilities are dependent on the cumulative proportion of...
Persistent link: https://www.econbiz.de/10009365366