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We study a cross-section of 54 European regions in the period 1950-1998.The central question is whether social capital, in the form of generalized trust and associational activity, is related to regional differences in economic growth. Based on extensive robustness tests, we present evidence...
Persistent link: https://www.econbiz.de/10011092742
How do banks react to increased interbank competition?Recent banking theory offers conflicting predictions about the … impact of competition on bank orientation í L H WKH choice of relationship based versus transactional banking í DQG EDQN … LQGXVWU\ specialization.We empirically investigate the impact of interbank competition on bank branch orientation and …
Persistent link: https://www.econbiz.de/10011090384
Abstract: This paper documents large cross-country variation in the relationship between bank competition and bank … in competition will have a larger impact on banks’ fragility in countries with stricter activity restrictions, lower …
Persistent link: https://www.econbiz.de/10011090475
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It is shown that asymmetry in R&D efficiency between firms is an important factor determining feasibility of the preemption and attrition scenarios in competitive R&D with time to build. Scenarios of attrition and preemption games are most likely to occur when competitors have similar R&D...
Persistent link: https://www.econbiz.de/10011090575
This paper examines the relationship between competition, innovation and productivity for the Netherlands. We use … industry level. We find strong evidence for a positive impact of competition on Total Factor Productivity (TFP) at the industry … level. Competition directly increases TFP by reducing X-ineficiencies and removing inefficient forms from markets, but also …
Persistent link: https://www.econbiz.de/10011090737
.We investigate theoretically and empirically how bank organization shapes banking competition.Our theoretical model illustrates how a …
Persistent link: https://www.econbiz.de/10011090754
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Pianists who achieve high scores in the Queen Elizabeth musical competition are rewarded by subsequent success.It is …
Persistent link: https://www.econbiz.de/10011090955