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for firms in financial distress. Regarding market discipline, productivity grows faster when competition on product …
Persistent link: https://www.econbiz.de/10013428449
This paper discusses the relation between trade and competition, revising the literature and using indicators, build … domestic competition is explained by concentration indices, such as CR4 and HHI, which show positive correlation with profit … show relevant statistical significance of explanatory variables in different estimation methods (OLS, Fixed and Random …
Persistent link: https://www.econbiz.de/10014429351
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The objective of this paper is to identify variables that influenced the efficiency level of Brazilian manufacturing establishments in 1970 and 1980. Efficiency is defined as the ratio of actual to best practice output, which is measured using deterministic translog frontier production...
Persistent link: https://www.econbiz.de/10011940326
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This article examines the loan rate-setting behavior of German banks for a large variety of retail and corporate loan products. We find that a bank’s operational efficiency is priced in bank loan rates and alters interest-setting behavior. Specifically, we establish that a higher degree of...
Persistent link: https://www.econbiz.de/10009656155
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