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Global declining competition
Díez, Federico J.; Fan, Jiayue; Villegas-Sánchez, Carolina - 2019
power in global markets. First, competition has declined around the world, measured as a moderate increase in average firm …
Persistent link: https://www.econbiz.de/10012019850
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How do regulations of entry and credit access relate to industry competition? : international evidence
Igan, Deniz; Mirzaei, Ali; Moore, Tomoe - 2018
We examine the extent to which regulations of entry and credit access are related to competition using data on 28 … competition, as proxied by the price-cost margin, in the industries with a naturally high entry rate. Rigid entry regulations are … exerting a positive effect on competition. These results suggest that incumbent firms are likely to enjoy the rent and market …
Persistent link: https://www.econbiz.de/10011848240
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The short-term impact of product market reforms : a cross-country firm-level analysis
Gál, Peter; Hijzen, Alexander - 2016
This paper analyzes the effects of product market reforms in the short and medium term across 10 regulated industries and 18 advanced economies for the period 1998-2013 using internationally comparable firm-level data based on Orbis. It provides four key insights. First, product market reforms...
Persistent link: https://www.econbiz.de/10011711526
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Intellectual Property Rights and International RandD Competition
Scandizzo, Stefania - 2001
participation in the World Trade Organization, or, more controversially, some form of bilateral punishment, may be used …
Persistent link: https://www.econbiz.de/10014401239
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Are More Competitive Banking Systems More Stable?
Cihák, Martin - 2006
for competition in 38 countries during 1980-2003, we present evidence that more competitive banking systems are less prone …
Persistent link: https://www.econbiz.de/10014402240
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Fintech in Latin America and the Caribbean : stocktaking
Berkmen, P.; Beaton, Kimberly; Gershenson, Dmitriy; … - 2019
policy makers. Fintech provides opportunities to deepen financial development, competition, innovation, and inclusion in the …
Persistent link: https://www.econbiz.de/10012009989
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Firms' environmental performance and the COVID-19 crisis
Guérin, Pierre; Suntheim, Felix - 2021
The shutdown in economic activity due to the coronavirus disease (COVID-19) crisis has resulted in a short-term decline in global carbon emissions, but the long-term impact of the pandemic on the transition to a low-carbon economy is uncertain. Looking at previous episodes of financial and...
Persistent link: https://www.econbiz.de/10012518989
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How green are green debt issuers?
Schmittmann, Jochen Markus; Teng, Chua Han - 2021
Green debt markets are rapidly growing while product design and standards are evolving. Many policymakers and investors view green debt as an important component in the policy mix to achieve the transition to a low carbon economy and ensure the pricing of climate risks. Our analysis contributes...
Persistent link: https://www.econbiz.de/10012605577
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The Persistence of Corruption and Regulatory Compliance Failures : Theory and Evidence
Fredriksson, Per G. - 2003
This paper examines the reasons why corruption and policy distortions tend to exhibit a high degree of persistence in certain regimes. We identify circumstances under which a firm seeks to evade regulations by (1) bribing of local inspectors, and (2) lobbying high-level government politicians to...
Persistent link: https://www.econbiz.de/10014400451
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Fair and inclusive markets : why dynamism matters
Aghion, Philippe; Chérif, Réda; Hasanov, Fuad - 2021
a high level of competition. What a country produces and how much it competes domestically and internationally are …
Persistent link: https://www.econbiz.de/10012517949