incentive effect of competition on innovation and the effect competition has on the degree of credit rationing. I find that the … levels of competition. These predictions are supported by empirical evidence: The competition-innovation relationship has an … developed financial systems. Innovation-enhancing policies implemented through competition reforms ought to be complemented by …

stems from more intensive competition, manifested through external economies of scale and longer production runs. We finish …

This paper examines whether or not hospital competition in a market with fixed reimbursement prices can prompt …. This paper assesses whether this aim has been achieved and competition led to improvements in quality. For our estimation … improved) for patients living in more competitive markets after the introduction of hospital competition in January 2006. Our …

integration emerges whether there is Cournot or Bertrand competition in the input market. The degree of integration in the …

This paper centres around the question of ownership of firms and managerial competition and how these affect managers … affected by both ownership and competition since both ownership structure and competition provide bargaining chips to employees … fierce market competition and no lock-in the allocation of ownership does not play a role (as one might expect), provided …

competition for matches may solve hold-up and coordination problems generated by the absence of complete contingent contracts. In … particular, this paper shows that when matching is assortative and sellers’ investments precede market competition then … coordination failures. Different types of efficiency arise when buyers undertake investment before market competition. These …

This paper presents a model of competition between operators on urban local bus routes in which passengers always board … predictions are consistent with observed features of the on-the-road competition on urban local bus routes. On express coach … competition in practice. …

competition is weak and/or when (b) family-owned firms pass management control down to the eldest sons (primo geniture). European … firms report lower levels of competition, while French and British firms also report substantially higher levels of primo … market competition and family firms account for about half of the long tail of badly managed firms and up to two thirds of …

stylised facts are considered: globalisation, information technology, and competition. Globalisation and information technology … may have benefited the most productive firms more and the growth of competition may at the same time have stimulated the …