Showing 1 - 10 of 54
This paper exploits the unique institutional features of South Africa to estimate the impact of provincial public spending on health, education and transport on firm productivity. Our identification strategy is based on within industry-province differences between firms of the effects of public...
Persistent link: https://www.econbiz.de/10010957609
This paper tests some of the predictions of recent advances in trade theory that have focused on different trade patterns of firms within the same sector. Helpman, Melitz and Yeaple (2005) develop a model in which innate productivity differences between firms determine the degree of...
Persistent link: https://www.econbiz.de/10005097979
affected by demand fluctuations. Our model gives rise to procyclical entry, prices, and price-cost margins, although the …- or countercyclical if the incumbent is a first mover. Moreover, our results show that entry deterrence by the incumbent …
Persistent link: https://www.econbiz.de/10010957752
The paper investigates the construction of a low cost airline network by analyzing JetBlue Airways' entry decisions … also affected entry positively. For non-stop entry into a route that has not been served on a non-stop basis before, our … network carriers. Non-stop entry into existing non-stop markets, however, shows that JetBlue concentrated on longer …
Persistent link: https://www.econbiz.de/10009283662
effects of entry by network carriers and low-cost carriers in non-stop U.S. airline markets. For the sample period from 1996 … to 2009, we find that entry activity of low-cost carriers did not only experience significant absolute increases but also …
Persistent link: https://www.econbiz.de/10009369496
We develop a simple model of competition for the market that shows that, contrary to the Arrow view, endogenous entry …
Persistent link: https://www.econbiz.de/10005097509
The paper estimates the effects of entry by low-cost carrier JetBlue Airways in long-haul domestic U.S. airline markets …. For the period from 2000 to 2009, we find that non-stop fares were on average about 21 percent lower post-entry; however …, the magnitude of the price effect depends on the pre-entry market structure. While entry into monopoly markets triggered …
Persistent link: https://www.econbiz.de/10010985649
This paper assesses the merits of using surveys of business perceptions of growth constraints as a guide to growth-enhancing fiscal policy reforms. Using endogenous growth models in which the government levies an income tax to provide public inputs to the production of private firms, the paper...
Persistent link: https://www.econbiz.de/10010957636
After the end of communism enterprises in Central and Eastern Europe (CEE) were marked by low levels of labor productivity, mainly because of too high employment levels. According to economic theory, the corporate capital structure can be an important element in the restructuring process. But...
Persistent link: https://www.econbiz.de/10005098241
We estimate the effects of R&D on firms' credit ratings and on financial distress. The main purpose is the comparison of firms in Western Germany and Eastern Germany as a transitional economy. Innovative activity has a positive impact on firm value proxied by ratings in Western Germany, but a...
Persistent link: https://www.econbiz.de/10005098291