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Financial Development, Labor and Market Regulations and Growth

FONSECA, Raquel; GONZALEZ, Natalia UTRERO- - EconWPA - 2005

This paper investigates the importance that market regulation and financial imperfections have on …rm growth. We … a weak financial market (finance effect), the strictness of product and labor market regulations also affect firm growth … (labor effect). In particular, we show that the stricter the rules the more detrimental the influence on growth in sectoral …

Persistent link: https://www.econbiz.de/10005077008

Changing boundaries and structure of a technological system: lessons from UK retail banking

Consoli, Davide - EconWPA - 2005

This article investigates the factors that have induced and shaped the process of industry evolution of banking in the United Kingdom and, in particular, the reorganization of the retail payments system. It will look at how the effects of technical progress within a changing regulatory framework...

Persistent link: https://www.econbiz.de/10005407652

Competitive collaboration & market contestability: Cases in Mexican & UK banking (1945-1975)

Batiz-Lazo, Bernardo; Angel, Gustavo Del - EconWPA - 2002

This research explores the evolution of co-operation among different types of intermediaries in the UK and Mexican financial systems and provides an international comparison. In it we focus on how and why collaboration between commercial banks and non-bank financial competitors emerged in the...

Persistent link: https://www.econbiz.de/10005408390

"The Real Thing:" Nominal Price Rigidity of the Nickel Coke, 1886-1959

Levy, Daniel; Young, Andrew - EconWPA - 2004

We report that the price of a 6.5oz Coke was 5¢ from 1886 until 1959. Thus, we are documenting a nominal price rigidity that lasted more than 70 years! The case of Coca-Cola is particularly interesting because during the 70-year period there were substantial changes in the soft drink industry...

Persistent link: https://www.econbiz.de/10005412575

Asymmetric Price Adjustment and Consumer Search: An Examination of the Retail Gasoline Market

Lewis, Matt - EconWPA - 2004

It has been documented that retail gasoline prices respond more quickly to increases in wholesale price than to decreases. However, there is very little theoretical or empirical evidence identifying the market characteristics responsible for this behavior. This paper presents a new theoretical...

Persistent link: https://www.econbiz.de/10005412866

The Effects of Consumer Protection on Sales Signs, Consumer Search and Competition

Wilson, Chris M. - EconWPA - 2005

Within a one-shot, duopoly game, we show that firms cannot use false in- store price comparisons to deter rational consumers from further beneficial price search in an effort to create market power. However, by introducing a consumer protection authority that monitors price comparisons, we...

Persistent link: https://www.econbiz.de/10005412887

THE NIGERIAN COAL CORPORATION: AN EVALUATION OF PRODUCTION PERFORMANCE(1960 1987)

NWAOBI, DR. GODWIN CHUKWUDUM - EconWPA - 2005

COAL WAS DISCOVERED IN NIGERIA IN 1909 AND COAL MINING STARTED WITH A DRIFT MINE AT OGBETE, ENUGU IN 1915. SINCE 1958/59, WHEN COAL PRODUCTION REACHED ITS PEAK, THERE HAS BEEN A PERSISTENT FLUCTUATION IN THE AMOUNT OF COAL PRODUCED IN SUBSEQUENT YEARS. THIS PAPER THEREFORE INVESTIGATES THE MAJOR...

Persistent link: https://www.econbiz.de/10005412925

THE NIGERIAN SUGAR INDUSTRY(1960 - 1987)

NWAOBI, DR. GODWIN CHUKWUDUM - EconWPA - 2005

NIGERIAN SUGAR INDUSTRY HAVE NOT INDUCED GROWTH AND DEVELOPMENT AND THUS A MORE URGENT ATTENTION WAS NEEDED FROM THE POLICY …

Persistent link: https://www.econbiz.de/10005412927

PORT REORGANISATION AND THE WORLDS OF PRODUCTION THEORY

Chlomoudis, Constantinos I.; Karalis, Apostolos V.; … - EconWPA - 2003

Taking into consideration the new dimensions of port production that have become evident during the resent past, this paper tackles the issue of port reorganisation. In the light of the changes in the world economy and the new competitive environment, the paper focuses on the new structures of...

Persistent link: https://www.econbiz.de/10005412977

Advantageous or Disadvantageous Semi-collusion Licensing in a Vertically Separated Industry

Mukherjee, Arijit - EconWPA - 2002

firms have the option for R&D before production. We show that whether R&D investment would be higher under non …

Persistent link: https://www.econbiz.de/10005412980