Showing 1 - 10 of 35
by both high entry and high exit rates. …
Persistent link: https://www.econbiz.de/10011333271
capture, favor connected interests, and undermine finance access and entry. Thus the degree of access to political rights by …
Persistent link: https://www.econbiz.de/10011374399
disequilibrium but little empirical research has examined firm entry and exit in this context. We redress this by modelling the … interrelationship between firm entry and exit in disequilibrium. Introducing a new methodology we investigate whether this … new-firm entry) while in overshoots competition induced by new firms (in particular strong displacement) helps restore …
Persistent link: https://www.econbiz.de/10011377541
We investigate the nature of the adverse selection problem in a market for adurable goodwhere trading and entry of new …
Persistent link: https://www.econbiz.de/10011304379
. Another important determining factor is the Herfindahl-Hirschman Index at the moment of entry: it is significantly easier to …
Persistent link: https://www.econbiz.de/10011343321
market decisions in the face of the threat of entry, in a dynamic model.The main results of the paper are: there exists a … threat of entry; andthere are parameter values for which the bank makes more profits with the threat of entry thanwithout. …
Persistent link: https://www.econbiz.de/10011316901
Entry requires external finance, especially for less wealthy entrepreneurs, so poor investor protection limits … voters. In a broad cross-section of countries and industries, we find that (i) entry rates and the total number of producers … accountable political institutions have better investor protection and lower entry costs. We also find that investor protection is …
Persistent link: https://www.econbiz.de/10011350369
The Atkinson-Stiglitz theorem on uniform consumption taxation breaks down if prices are endogenous. This paper investigates the implications for optimal food subsidies in China. To do so, we build a general equilibrium model where low-skilled workers have a comparative advantage in the...
Persistent link: https://www.econbiz.de/10012591243
Economic behavior often takes place in groups of small numbers of peopleinteracting with each other (like work teams, neighborhoods, socialnetworks, etc.). Characteristic of such interaction is the development of(affective) interpersonal relationships, or social ties. According tosociologists,...
Persistent link: https://www.econbiz.de/10011302615
We compare a partners condition where the same small group of subjects plays arepeated public good game to astrangers condition where subjects play this game in changing group formations.Subjects in the partners conditioncontribute from the first period on significantly more to the public good...
Persistent link: https://www.econbiz.de/10011303327