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quality. Under product market competition expenditures on quality should be increasing in the firm's own productivity and …This paper analyses simultaneous regulation of cost and quality when firms have private, correlated information about … productivity and the regulator receives a signal about quality. It is shown that managerial effort and expenditures on quality are …
Persistent link: https://www.econbiz.de/10005419539
competition between healthcare providers on prescription of antibiotics. The analysis makes use of a competition-inducing reform … competition had a positive and significant effect on prescription of antibiotics. This increase in prescription of antibiotics was …
Persistent link: https://www.econbiz.de/10011079254
domestically-owned firms is through the impact on competition. We examine the effect of FDI on competition in the Chinese … manufacturing sector and the effect of competition on firms’ R&D. Our analysis is conducted on a large dataset including all Chinese … large and medium sized firms over the period 1998-2004. Our results show that FDI increases competition but there are no …
Persistent link: https://www.econbiz.de/10005645313
indicates that public sector outsourcing generally reduces costs without hurting quality. This is clearly the case for … ownership and competition appear to be about equally important for the consequences of public sector outsourcing. …
Persistent link: https://www.econbiz.de/10009147384
is pronounced. This behavior can be explained in terms of an informal yardstick competition: When consumers use …
Persistent link: https://www.econbiz.de/10010818389
We study the effects of parallel trade in the pharmaceutical industry. We develop a model in which an original manufacturer competes in its home market with parallel-importing firms. The theoretical analysis results in two key hypotheses. First, if the potential for parallel imports is...
Persistent link: https://www.econbiz.de/10005639294
. Using data from Sweden we find that the prices of drugs subject to competition from parallel imports increased less than …
Persistent link: https://www.econbiz.de/10005645277
find that the prices of drugs subject to competition from parallel imports fell relative to other drugs over the period …
Persistent link: https://www.econbiz.de/10005645434
The literature on trade facilitation has mostly focused on implications for trade volumes. However, recent theoretical contributions have emphasized that trade costs – such as transaction costs related to cross-border trade procedures – affect both the traded volumes of “old” goods (the...
Persistent link: https://www.econbiz.de/10008470232
A model is considered in which optimal search intensity is a result of a trade off between short run losses due to higher search costs (more interviews, commuting...) and long-run gains due to a higher chance of finding a job. We show that this optimal search intensity is higher in areas...
Persistent link: https://www.econbiz.de/10005419548