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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

Firm size and judicial efficiency in Italy: evidence from the neighbour's tribunal

Giacomelli, Silvia; Menon, Carlo - London School of Economics (LSE) - 2012

We investigate the causal relationship between judicial efficiency and firm size across Italian municipalities, exploiting spatial discontinuities in tribunals' jurisdiction for identification. Results show that halving the length of civil proceedings, average firm size would increase by around...

Persistent link: https://www.econbiz.de/10011125883

What is 'firm heterogeneity' in trade models? The role of quality, scope, markups and cost

Hottman, Colin; Redding, Stephen; Weinstein, David E. - London School of Economics (LSE) - 2014

firms are well approximated by the monopolistic competition benchmark of constant markups, but the largest firms that …

Persistent link: https://www.econbiz.de/10011125980

The growth potential of startups over the business cycle

Sedlacek, Petr; Sterk, Vincent - London School of Economics (LSE) - 2014

This paper shows that job creation of cohorts of U.S. firms is strongly influenced by aggregate conditions at the time of their entry. Using data from the Business Dynamics Statistics (BDS) we follow cohorts of young firms and document that their employment levels are very persistent and largely...

Persistent link: https://www.econbiz.de/10011126359

Productivity dynamics in the Great Stagnation: evidence from British businesses

Riley, Rebecca; Rosazza Bondibene, Chiara; Young, Garry - London School of Economics (LSE) - 2014

We investigate labor productivity dynamics amongst British businesses in the wake of the credit crisis of 2007/8. The external restructuring of firms (i.e. changes in market share, firm entry and exit) contributed to a fall in productivity growth relative to trend amongst small businesses in...

Persistent link: https://www.econbiz.de/10011126561