Showing 1 - 10 of 2,124
This paper presents a novel method for estimating the likely welfare effects of competition reforms for both current … consumers are more likely to reap the benefits of greater competition. This method represents a powerful tool for supporting the … analysis of competition reforms in developing countries, particularly in sectors known for excluding significant segments of …
Persistent link: https://www.econbiz.de/10012418650
present a general equilibrium model of monopolistic competition with two (potentially) asymmetric countries and heterogeneous … firms where government subsidizes entry of domestic entrepreneurs. Under autarky the entry subsidy indirectly corrects for … ; heterogeneous firms ; international trade ; monopolistic competition ; entry regulation ; strategic trade policy …
Persistent link: https://www.econbiz.de/10003894876
This paper discusses the strategic role of mismatching, where players voluntarily form inefficient teams or forego the formation of efficient teams, respectively. Strategic mismatching can be rational when players realize a competitive advantage (e.g. harming other competitors). In addition, the...
Persistent link: https://www.econbiz.de/10011313938
This paper studies the influence of information on entry choices in a competition with a controlled laboratory … experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … failure, where competition failure occurs when a subject loses the competition because the opponent holds a higher …
Persistent link: https://www.econbiz.de/10009534049
threat of low-wage competition from Central and Eastern European Countries is relatively high. In addition, firms paying … is high. -- minimum wage ; product market competition ; service sector …
Persistent link: https://www.econbiz.de/10009536582
role in keeping politicians accountable once they are in office. Competition plays a relevant role, as the effects are not … limited to the first newspaper entering the market. -- newspapers ; media competition ; turnout ; political selection …
Persistent link: https://www.econbiz.de/10009697674
We analyze the welfare cost of inflation in a model with cash-in-advance constraints and an endogenous distribution of establishments' productivities. Inflation distorts aggregate productivity through firm entry dynamics. The model is calibrated to the United States economy and the long-run...
Persistent link: https://www.econbiz.de/10003916989
In contrast to the very large literature on skill-biased technical change among workers, there is hardly any work on the importance of skills for the entrepreneurs who employ those workers, and in particular on their evolution over time. This paper proposes a simple theory of skill-biased change...
Persistent link: https://www.econbiz.de/10009011635
Drivers of entrepreneurial entry are investigated in this study by examining how entry into small-business ownership is shaped by industry-specific constraints. The human- and financial-capital endowments of potential entrepreneurs entering firms in various industries are shown to differ...
Persistent link: https://www.econbiz.de/10009518408
This paper assesses the causal impact of greater market access on demographic transition during the latter half of the 19th century in the United States. We construct new measures of fertility changes and measures of railroad access at the county level from 1850 - 1890. We are able to document...
Persistent link: https://www.econbiz.de/10013173243