intensity of competition in firms' product markets, on the importance of collective wage bargaining and on other structural and …

competition drives less productive firms out the market, thereby increasing average productivity as well as reducing average …

This paper is the first that applies a new measure of competition, the Boone indicator, to the banking industry. This … approach is able to measure competition of bank market segments, such as the loan market, whereas many well - known measures of … competition can consider the entire banking market only. A caveat of the Boone - indicator may be that it assumes that banks …

Payment scale economies affect banking costs, competition in payment services, and pricing. Our scale measure relates … are primarily due to mix, not scale. Also, since standard indicators of competition can give inconsistent results, a …. Existing differences in bank prices (EC report) are associated with small differences in competition …

, it is important to maintain competition among payment service providers but data available to gauge the degree of … competition are quite limited. We propose and implement a frontierbased method to assess relative competition in bank …

This article segments the Portuguese economy into fairly disaggregated markets and estimates a new competition measure … across econometric specifications is discussed, along with their consistency with classical competition indicators. The … article concludes that the majority of Portuguese markets exhibited a reduction in competition in the period 2000-2009, though …