first extend existing theory to characterize the roles of imperfect competition and product differentiation, then …

power in global markets. First, competition has declined around the world, measured as a moderate increase in average firm …

Does greater product market competition improve external competitiveness and growth? This paper examines this question … emerging market economies and developing countries, and finds that an improvement in domestic competition is associated with a … productivity growth. Price levels, including of essential items, are also generally lowered with an increase in competition …

We examine trends in bank competition since the early 2000s. The Lerner index-arguably the most commonly used measure … frequently used indicators of banking sector competition seem much more muted. We show that the significant drop in policy rates …

financial market variables exchange rate flexibility, credit quality, overhead costs, and banking competition were found to …