Showing 1 - 10 of 244
The paper develops a numerical simulation model to assess the possible consequences of competition on inter … very substantial efficiency gains from competition. …
Persistent link: https://www.econbiz.de/10005656207
This Paper introduces optimal competition: the best form of competition in an industry that a competition authority can … competition outcome in an industry becomes more competitive as more money is spent in the industry, as the competition authority … puts less weight on producer surplus and more weight on employment. The relation between competition and entry costs is U …
Persistent link: https://www.econbiz.de/10005789187
product competition tends to increase the relative profitability of innovation for sale relative to entry. Increased … competition reduces entrants' and acquirers' profits in a similar fashion, but also reduces the profit of non-acquirers. Therefore …, incumbents' valuations of innovations are less negatively affected by increased competition than entrants' profits. This, in turn …
Persistent link: https://www.econbiz.de/10005497863
Persistent link: https://www.econbiz.de/10005032815
; corporate governance; market structures and competition; and financial constraints. We conclude that private ownership and …
Persistent link: https://www.econbiz.de/10005666814
varies across regions. We study the effects of privatization, the importance of different types of owners, the effects of … foreign and domestic competition, the consequences of soft budgets, and the role of managerial incentives and managerial human …
Persistent link: https://www.econbiz.de/10005504282
Using a new data set of the telecommunications sector on privatization (1981-98 for 167 countries) and competition … policies (1990-98 for roughly 50 countries), this Paper investigates the political economy determinants of privatization and …
Persistent link: https://www.econbiz.de/10005504478
substitutability of market competition and private ownership in increasing firm efficiency. We analyse a simple Cournot model that … distinguishes two aspects of privatization interacting with market opening: privatization of a firm and privatization of its … competition, and thus that competition only among state-owned enterprises may be ineffectual in stimulating them to increase …
Persistent link: https://www.econbiz.de/10005114270
. However, privatization may increase quality by fostering performance-improving innovation, particularly if combined with … increased competition. We assemble a large data set on elderly care services in Sweden between 1990 and 2009 and estimate how … difference-in-difference-in-difference approach. The results indicate that privatization and the associated increase in …
Persistent link: https://www.econbiz.de/10011084097
impact of several dimensions of market competition and other factors on enterprise efficiency. We analyse 1992-1998 panel …, intensity, time path, and survival effects of competitive pressures. We find large, positive effects on TFP from competition in …
Persistent link: https://www.econbiz.de/10005661595