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This paper examines the relationship between firm births and job creation in Great Britain. We use a new data set for 60 British regions, covering the whole of Great Britain, between 1980 and 1998. The central theme of the paper is that, with the exception of a recent paper by Audretsch and...
Persistent link: https://www.econbiz.de/10005137180
entry and financial development. In- cumbents seek a low level of effective investor protection to prevent potential … the higher rents earned with less competition. Entry and investor protection improve when wealth distribu- tion becomes … 38 countries we find that greater accountability is associated with higher entry in sectors that are more dependent on …
Persistent link: https://www.econbiz.de/10005137200
This paper gives an overview and evaluates the literature on Microfoundations.<P>
Persistent link: https://www.econbiz.de/10005209438
Despite the mixed empirical evidence, many economists still hold to the view that Internet will promote competition between firms, thereby lowering prices and increasing economic welfare. This paper presents a search model that provides a different view. We analyze the market for a homogeneous...
Persistent link: https://www.econbiz.de/10005209494
This paper studies the incentives to merge in a Bertrand competition model where firms sell differentiated
Persistent link: https://www.econbiz.de/10009650210
This paper is the first to examine the effect of minimum price guarantees
Persistent link: https://www.econbiz.de/10008513220
This paper studies asymmetric price responses of individual firms, via daily retail prices of almost all gasoline stations in the Netherlands and suggested prices of the five largest oil companies over more than two years. I find that 38% of the stations respond asymmetrically to changes in the...
Persistent link: https://www.econbiz.de/10008513222
We study mergers in a market where <I>N</I> firms sell a homogeneous good and consumers search sequentially to discover prices. The main motivation for such an analysis is that mergers generally affect market prices and thereby, in a search environment, the search behavior of consumers. Endogenous...</i>
Persistent link: https://www.econbiz.de/10005136862
In a circular city model, I consider network design and pricing decisions for a single fast transport connection that faces competition from a slower but better accessible transport mode. To access the fast transport network individuals have to make complementary trips by slow mode. This fact...
Persistent link: https://www.econbiz.de/10005136870
This paper presents an empirical examination of oligopoly pricing and consumer search. The theoretical model allows for sequential and non-sequential search and using the theoretical restrictions firm and consumer behavior impose on the data we study the empirical validity of the models. Two...
Persistent link: https://www.econbiz.de/10005137296