Showing 1 - 10 of 216
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
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/10005076877
Previous research shows that both exporting and the use of advanced technologies independently enhance the performance of U.S. manufacturing plants in a variety of ways. The research presented below shows that plants that both export and use advanced technology outperform other plants in a...
Persistent link: https://www.econbiz.de/10005134406
investment in B2C eCommerce markets. It presents econometric estimates of the effects of company characteristics and company … (iii) revenue growth rate in 2001. The models do explain the data quite well: Size as well as endogenous sunk costs emerge …
Persistent link: https://www.econbiz.de/10005134447
The main argument of this paper is that consumption and demand, like production, are discovery processes guided by trial-and-error and learning by consuming. The key question that is addressed is: how do consumers deal with innovation? By bringing together a number of threads within the...
Persistent link: https://www.econbiz.de/10005134450
Prior research suggests that brand may influence consumer preference for differentiated products. However, the extant literature does not measure how brand value affects product similarity and consumer choice. This paper examines demand response to the proliferation of personal computers (PCs)....
Persistent link: https://www.econbiz.de/10005134477
Setting a price that results in rationing may be optimal for a seller whose customers must make a specific investment …
Persistent link: https://www.econbiz.de/10005135051
The article presents a theory that I denote “Relative Thinking Theory,” which claims that people consider relative differences and not only absolute differences when making various economics decisions, even in those cases where the rational model dictates that people should consider only...
Persistent link: https://www.econbiz.de/10005135074
Persistent link: https://www.econbiz.de/10005062402
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