Showing 1 - 10 of 153
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 … the economy. Philippine experience has shown that reforms such as trade liberalization, deregulation, and privatization …
Persistent link: https://www.econbiz.de/10009365322
Expansion of global trade has been heralded as a great boon for agriculture. However, benefits of such expansion has been seen by some quarters as inequitable due to the role of large agribusiness firms and conglomerates. This study synthesizes existing research on the market structure of...
Persistent link: https://www.econbiz.de/10011278064
This paper endogenizes the market structure of an economy with heterogeneous agents who want to form bilateral matches in the presence of search frictions and when utility is non-transferable. We depart from standard matching models where all agents are assumed to be in a unique meeting place by...
Persistent link: https://www.econbiz.de/10009365066
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
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
The industrial transformation of Asia is a development on a scale unprecedented in human history. Following the industrial revolution towards the end of the eighteenth century, Europe and North America each in turn came to dominate the world economy and global power. Now economic weight is...
Persistent link: https://www.econbiz.de/10011277990
This study provides a conceptual framework to explain what kinds of difficulties a late-follower will suffer from when it tries to join pre-existing International Production Networks (IPNs). We consider the total production cost minimization problem by a multinational company (MNC) in allocating...
Persistent link: https://www.econbiz.de/10011278003