Showing 1 - 10 of 300
The U.S. and EU Merger Guidelines strongly emphasize the relevance of the “ease of entry” argument in merger … number of firms in related product markets. Finally, our results confirm that post-merger changes in the equilibrium number …
Persistent link: https://www.econbiz.de/10012988887
Based on a theoretical model featuring heterogeneous retailers that may source globally and operate as chains, we derive a number of hypotheses that link trade integration to retail firm performance and to the structure of retail markets. We empirically test these predictions using Danish...
Persistent link: https://www.econbiz.de/10012913276
The New Trade Theory predicts that international trade lowers prices for consumers and expands the choices available to them. This study shows that both predictions may no longer hold once adjustments in the retail sector are taken into account. I present a new model of retailing in general...
Persistent link: https://www.econbiz.de/10013316385
This study evaluates the role market competition plays in determining inflation based on sector-level data from OECD … of market competition. This study shows that inflation decreases with greater market competitiveness even after … controlling for productivity effects. Indeed, when market competition and productivity effects are both accounted for, trade …
Persistent link: https://www.econbiz.de/10013091833
Using data from the U.S. automobile market, we empirically examine the link between competition and innovation … this an interesting market to examine the link between competition and innovation. We use firm-level time-series data over … patenting, and the relationship is reasonably non-linear; (2) higher market-wide competition results in an increase in patenting …
Persistent link: https://www.econbiz.de/10013014353
The relationship between competition and performance-related pay has been analyzed in single … competition when aggregated firm data is used …
Persistent link: https://www.econbiz.de/10012768537
stress that competition and regulatory authorities should take seriously the potential trade-off between market power effects …
Persistent link: https://www.econbiz.de/10012953486
prices and features of goods without incurring search costs. The platform alleviates sellers' competition by charging them …
Persistent link: https://www.econbiz.de/10012945113
local credit markets. We provide evidence that marginal increases in interbank competition are detrimental to relationship … technologies are al-ready widely in use in the market by a large group of small mutual banks, an increase in competition may drive …
Persistent link: https://www.econbiz.de/10013316197
differential merger outcomes are caused mostly by firms' technology or product market attributes. Furthermore, empirical merger …. We allow the merger responses to vary across firms, even after controlling for regressors, and apply a random …
Persistent link: https://www.econbiz.de/10012948252