. These allow accounting for both the direct effects of sectoral regulation on within-sector performance and the indirect … effects of sectoral regulation on firms in other sectors through intersectoral input-output linkages. Our econometric … at the global technological frontier and a catch up term. We assume that regulation can affect productivity growth both …

has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to …

competition for principals or agents. While we do observe substantial and significant ratchet effects in the baseline (no … competition) case of our model, we find that ratchet behavior is nearly eliminated by labor-market competition; interestingly this …

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 …

on existing theories of competition in markets with adverse selection …

market economies. The primary focus of the study is on competition and market structure, finance and the structure of lending … interpretation of the evidence on competition is that there is an initial move by firms into niches to exploit local market power …, and later in transition entry and domestic competitive pressure increases. In finance, the increasing reliance on retained …

political competition is too high or too low. We first build a simple game theoretic model to capture the effect of electoral … competition on corruption. We show that in equilibrium, corruption has a U-shaped relationship with electoral competition. If the … election is safe for the incumbent (low competition) or if it is extremely fragile (high competition) then corruption is higher …

, inequality is highly responsive to the increase in product market competition triggered by domestic regulatory reform …