Similar Search Results

Gibrat's Law and the Firm Size / Firm Growth Relationship in Italian Services

Piergiovanni, R.; Santarelli, E.; Klomp, L.; Thurik, A.R. - Tinbergen Instituut - 2002

are independent of firm size can be rejected for the services, as it has been for manufacturing, also in the case of Italy … Gibrat's Law does not hold, i.e., the main finding is that firm growth decreases with firm size. However, almost all of these … studies have been based on manufacturing. In this paper - in search of further evidence supporting the results recently …

Persistent link: https://www.econbiz.de/10011256728

Post-Socialist Financial Fragility: the Case of Albania

Bezemer, Dirk J. - Tinbergen Instituut - 1999

The 1997 collapse of the Albanian economy caused by the collapse of economy-widePonzi schemes contrasts sharply to itssuccess status as a post-socialist transition country in the years 1992-1996. Inthis paper, an attempt is made to explain this'Albanian Paradox'. The specific Albanian conditions...

Persistent link: https://www.econbiz.de/10011256811

Investment under Risk with Discrete and Continuous Assets

Elbers, Chris; Gunning, Jan Willem; Vigh, Melinda - Tinbergen Instituut - 2009

This paper considers a general class of stochastic dynamic choice models with discrete and continuous decision variables. This class contains a variety of models that are useful for modeling intertemporal household decisions under risk. Our examples are drawn from the field of development...

Persistent link: https://www.econbiz.de/10011256814

Cost Reducing Investment, Competition and Industry Dynamics

Petrakis, Emmanuel; Roy, Santanu - Tinbergen Instituut - 1998

We demonstrate the possibility of shake-out of firms and emergence of inter-firmheterogeneity along the (socially … firms are ex ante identical with perfectforesight. Atomistic firms with upward sloping marginal cost curves undertake … investment in firm-specific cost reduction. They earn negative net profit in early periods, compensated later by strictlypositive …

Persistent link: https://www.econbiz.de/10011255543

On the Effects of Suggested Prices in Gasoline Markets

Faber, Riemer P.; Janssen, Maarten C.W. - Tinbergen Instituut - 2008

This article analyzes the role of suggested prices in the Dutch retail market for gasoline. Suggested prices are announced by large oil companies with the suggestion that retailers follow them. There are at least two competing rationales for the existence of suggested prices: they may either...

Persistent link: https://www.econbiz.de/10011255548

Hotelling Models with Price-Sensitive Demand and Asymmetric Transport Costs: An Application to Public Transport Scheduling

Weijde, Adriaan Hendrik van der; Verhoef, Erik T.; … - Tinbergen Instituut - 2012

See also the publication in the <A HREF="http://www.ingentaconnect.com/content/lse/jtep/2014/00000048/00000002/art00005">'Journal of Transport Economics and Policy'</A>, 2014, 48(2), 261-277.<P> We formulate a horizontal differentiation model with price-sensitive demand and asymmetric transport costs, in the context of transport scheduling. Two competitors choose fares and departure times...</p></a>

Persistent link: https://www.econbiz.de/10011255566

Market Structure and the Pricing of New Products: A Nested Logit Approach with Asymmetric Firms

Bleker, Sylvia; Behrens, Christiaan; Koster, Paul; … - Tinbergen Instituut - 2014

use a nested logit model. In contrast to earlier literature, we allow firms to be asymmetric and active in multiple nests … literature by considering the case where substitutability between firms is stronger than between technologies, by nesting … products by technology instead of by firm. We find implicit analytical solutions for the equilibrium mark-ups which can be used …

Persistent link: https://www.econbiz.de/10011255656

Going where the Ad leads you: On High Advertised Prices and Search where to buy

Janssen, Maarten C.W.; Non, Marielle C. - Tinbergen Instituut - 2006

are uncertain whether a firm carries the product at all by proposing a model where in the first stage firms decide on …The search literature assumes that consumers know which firms sell products they are looking for, but are unaware of … the particular variety and the prices at which each firm sells. In this paper, we consider the situation where consumers …

Persistent link: https://www.econbiz.de/10011255691

Congesting Pricing in a Road and Rail Network with Heterogeneous Values of Time and Schedule Delay

Berg, Vincent van den; Verhoef, Erik T. - Tinbergen Instituut - 2011

We analyse congestion pricing in a road and rail network with heterogeneous users. On the road there is bottleneck … to value of schedule delay. We analyse first-best pricing and second-best pricing on only road or rail. More "ratio … heterogeneity" lowers the relative efficiency of welfare maximisation by pricing only the road. This relative efficiency also …

Persistent link: https://www.econbiz.de/10011255748

Microeconomic Evidence of Creative Destruction in Industrial and Developing Countries

Bartelsman, Eric J.; Haltiwanger, John; Scarpetta, Stefano - Tinbergen Instituut - 2004

better outcomes from this process. Finally, Mexico shows large firm dynamics with many new firms entering the battle but also …, census, or representative enterprise surveys). The novelty of our approach is in the harmonisation of firm level data across … time effects. All countries display a massive reallocation of resources, with the entry and exit of many firms in all …

Persistent link: https://www.econbiz.de/10011255936