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The remains of regulation: airlines' profits after liberalization

Marin, Pedro L. - London School of Economics (LSE) - 1995

This paper develops an empirical model of entry to analyze the effect of previous regulation on European airlines? post …, and independent airlines. It is found that the latter enjoy sunk cost advantages but get lower variable profits than the …

Persistent link: https://www.econbiz.de/10010928653

Sales and collusion in a market with storage

Nava, Francesco - London School of Economics (LSE) - 2006

Sales are a widespread and well-known phenomenon that has been documented in several product markets. Regularities in such periodic price reductions appear to suggest that the phenomenon cannot be entirely attributed to random variations in supply, demand, or the aggregate price level. Certain...

Persistent link: https://www.econbiz.de/10010884541

Sales and collusion in a market with storage

Nava, Francesco; Schiraldi, Pasquale - London School of Economics (LSE) - 2013

fluctuations. The analysis is carried out in the context of a simple repeated price competition model, and establishes that firms …

Persistent link: https://www.econbiz.de/10011071258

Convergence of firm-level productivity, globalisation, information technology and competition: evidence from France

Chevalier, Paul-Antoine; Lecat, Rémy; Oulton, Nicholas - London School of Economics (LSE) - 2009

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 …

Persistent link: https://www.econbiz.de/10010744856

The effect of credit rationing on the shape of the competition-innovation relationship

Bena, Jan - London School of Economics (LSE) - 2009

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 …

Persistent link: https://www.econbiz.de/10010745834

Productivity differences in the airline industry: partial deregulation versus short-run protection

Marin, Pedro L. - London School of Economics (LSE) - 1995

The paper specifies and estimates a production function for the airline industry, identifying firms' network characteristics and efficiency as the main determinants of their productivity. The application of this analysis to the European market shows that productivity differences among flag...

Persistent link: https://www.econbiz.de/10010745526

Concentration, agglomeration and the size of plants

Lafourcade, Miren; Mion, Giordano - London School of Economics (LSE) - 2007

This paper investigates whether the geographic distribution of manufacturing activities depends on the size of plants. Using Italian data, we find, as in Kim [Kim, S., 1995. Expansion of markets and the geographic concentration of economic activities: the trends in U.S. regional manufacturing...

Persistent link: https://www.econbiz.de/10010884497

Comparative advantage and heterogeneous firms

Bernard, Andrew B.; Redding, Stephen; Schott, Peter K. - London School of Economics (LSE) - 2004

This paper presents a model of international trade that features heterogeneous firms, relative endowment differences across countries, and consumer taste for variety. The paper demonstrates that firm reactions to trade liberalization generate endogenous Ricardian productivity responses at the...

Persistent link: https://www.econbiz.de/10010884531

Product choice and product switching

Bernard, Andrew B.; Redding, Stephen; Schott, Peter K. - London School of Economics (LSE) - 2003

This paper develops a model of endogenous product selection by firms. The theory is motivated by new evidence we present on the importance of product switching by U.S. manufacturers. Two-thirds of continuing firms change their product mix every five years, and product switches involve more than...

Persistent link: https://www.econbiz.de/10010884551

Quantile regression in lower bound estimation

Giorgetti, Maria Letizia - London School of Economics (LSE) - 2001

In this paper, I illustrate the additional information that can be prodivided in estimating the lower bound (Sutton 1991, 1998) by using quantile regression. Quantile regression allows us to invesigate the influence of outliers. Previous lower bound have been performed using the simplex method....

Persistent link: https://www.econbiz.de/10010928688