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Evolution of competition in Vietnam industries over the recent economic transition

Doan, Tinh; Stevens, Philip - In: Economics: The Open-Access, Open-Assessment E-Journal 6 (2012) 2012-19, pp. 1-24

. This provides an excellent example of a country that has experienced changes in competition regime. Economic reforms in … economic and, in particular, competitive environment. Understanding the evolution of competition across industries is an … economic transition. In this paper, the authors investigate the evolution of competition in Vietnam during the economic …

Persistent link: https://www.econbiz.de/10010309049

Fund managers - Why the best might be the worst: On the evolutionary vigor of risk-seeking behavior

Witte, Björn-Christopher - In: Economics: The Open-Access, Open-Assessment E-Journal 6 (2012) 2012-24, pp. 1-29

. As a practical example, the professional competition between fund managers is considered. To explore how different … settings of competition parameters, the exclusion rate and the exclusion interval, affect individual investment behavior, an …

Persistent link: https://www.econbiz.de/10010309602

Evolutionary model of the bank size distribution

Kaldasch, Joachim - In: Economics: The Open-Access, Open-Assessment E-Journal 8 (2014) 2014-10, pp. 1-16

on the idea that the size distribution is the result of the competition between banks for permanent deposit money. The …

Persistent link: https://www.econbiz.de/10010332949

The scope of public organisations with productive functions: insights from the inefficiency of Italian local public transport

Di Foggia, Giacomo; Arrigo, Ugo - In: European Journal of Government and Economics (EJGE) 4 (2015) 2, pp. 134-154

It is a well-known fact that reforms necessary to enhance competition and make the economy more attractive play a major …

Persistent link: https://www.econbiz.de/10012217975

The role of market power in economic growth: an analysis of the differences between EU and US competition policy theory, practice and outcomes

Ciriani, Stephane; Lebourges, Marc - In: European Journal of Government and Economics (EJGE) 5 (2016) 1, pp. 5-28

competition in all markets. The Commission's economic policy is largely determined by its competition policy. This policy is … derived from its doctrine on competition law, which regards the exercise of market power as a source of inefficiency and … advocates that its effects should be banned. By contrast, the United States competition authorities, under the influence of the …

Persistent link: https://www.econbiz.de/10012217977

Modelling trades-through in a limit order book using hawkes processes

Toke, Ioane Muni; Pomponio, Fabrizio - In: Economics: The Open-Access, Open-Assessment E-Journal 6 (2012) 2012-22, pp. 1-23

The authors model trades-through, i.e. transactions that reach at least the second level of limit orders in an order book. Using tick-by-tick data on Euronext-traded stocks, they show that a simple bivariate Hawkes process fits nicely their empirical observations of tradesthrough. The authors...

Persistent link: https://www.econbiz.de/10010309222

Country inequality rankings and conversion schemes

Schröder, Carsten; Bönke, Timm - In: Economics: The Open-Access, Open-Assessment E-Journal 6 (2012) 2012-28, pp. 1-43

Two conversion schemes may be employed for assessing income inequality from household equivalent incomes: to weight household units by size or by needs. Using data from the Luxembourg Income Study, we show the sensitivity of country inequality rankings to conversion schemes and explain the...

Persistent link: https://www.econbiz.de/10010309600

Small flows, compliance costs and trade preferences: The case of EU imports from African LDCs

Nilsson, Lars; Dotter, Caroline - In: Economics: The Open-Access, Open-Assessment E-Journal 6 (2012) 2012-45, pp. 1-29

Previous work has shown that a significant number of preference eligible goods are imported into the EU from developing countries at relatively small values and that the rate of preference utilisation of these imports are low and in many cases zero. This fact is unobserved in the aggregate...

Persistent link: https://www.econbiz.de/10010310959

Measuring Long-Run Exchange Rate Pass-Through

Kozluk, Tomasz; Banerjee, Anindya; de Bandt, Olivier - In: Economics: The Open-Access, Open-Assessment E-Journal 2 (2008) 2008-6, pp. 1-36

The paper discusses the issue of estimating short- and long-run exchange rate pass-through to import prices in euro area countries and reviews some problems with the measures recently proposed in the literature. Theoretical considerations suggest a cointegrating relationship (between import unit...

Persistent link: https://www.econbiz.de/10010295304

The Single Currency's Effects on Eurozone Sectoral Trade: Winners and Losers?

Vicarelli, Claudio; De Santis, Roberta; De Nardis, Sergio - In: Economics: The Open-Access, Open-Assessment E-Journal 2 (2008) 2008-17, pp. 1-34

In this paper we study the effect of the single currency across industries for euro area members. This analysis may help to shed light on the main factors influencing the euro effect on trade flows. We intend to verify whether these factors are specific to individual sectors and/or countries or...

Persistent link: https://www.econbiz.de/10010295314