Showing 1 - 10 of 134
downstream sectors, which often face tough international competition. Such firms lose market share, thus worsening the economic … performance of the country. We try to document the importance of this link between competition problems and growth by analysing … from competition problems perform worse in terms of net exports, export growth and output growth. …
Persistent link: https://www.econbiz.de/10005067650
competition, Bertrand and Cournot oligopoly) international competition forces the national government to subsidize innovation. The …
Persistent link: https://www.econbiz.de/10005666416
provision or cheap talk, and competition inherent to social media may incentivize participants to either process better …, we find evidence that social media can be informative about future stock returns but that competition distorts opinions … rather than encouraging participants to process better information. In particular, competition induces exaggerated negative …
Persistent link: https://www.econbiz.de/10011196033
This paper analyzes the link between firm exports and the competitive environment in foreign markets. We derive a theory-based econometric specification linking destination-specific exports to foreign demand and the degree of 'crowdedness' of foreign markets. The latter is a measure of the...
Persistent link: https://www.econbiz.de/10008611013
We propose a methodology for estimating the competition effects from entry when firms sell differentiated products. We … presence and to measure the magnitude of competition effects. We then show how to augment the traditional entry model with a … unbiased estimates of the competition effects from entry. We apply our approach to seven different local service sectors. We …
Persistent link: https://www.econbiz.de/10009003374
competition in an export market induces a firm to skew its export sales towards its best performing products. We find very strong …
Persistent link: https://www.econbiz.de/10009003386
This paper examines the role of competition in productivity perfromance in Britain over the period from the late …-nineteenth to the early twenty-first century. A detailed review of the evidence suggests that the weakness of competition from the … 1930s to the 1970s undermined productivity growth but since the 1970s stronger competition has been a key ingredient in …
Persistent link: https://www.econbiz.de/10009024927
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10009367427
enterprises for the period 1998 through 2007 to test for complementarity between competition and industrial policy. A main … competition-friendly and therefore more growth-enhancing. …
Persistent link: https://www.econbiz.de/10009359485
have some endogenous buyer power from the horizontal competition of manufacturers. Our contribution allows to recover price … that the buyer power of supermarket chains is endogenous to the structure of manufacturers competition. …
Persistent link: https://www.econbiz.de/10008677239