determined by the maximum potential profitability of the home industry. It is argued that interpretations based on ?profit …

1,689 SWIFT adopters) between 1998 and2005. We find that adoption appears to have large effects on profitability, but it … between new technologies and firm organization. The profitability effectoperates by both raising sales and decreasing …

other aspects of firm behaviour. In this paper we consider the impact of minimum wages on firm profitability by exploiting … the introduction of a minimum wage to the UK labour market in 1999. We use pre-policy information on the distribution of … firm profitability was significantly reduced (and wages significantly raised) by the minimum wage introduction. This …

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. …