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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 …
Persistent link: https://www.econbiz.de/10010269128
In this paper, we analyze employment and capital adjustments using a panel of plants from Colombia. We allow for nonlinear adjustment of employment to reflect not only adjustment costs of labor but also adjustment costs of capital, and vice-versa. Using data from the Annual Manufacturing Survey,...
Persistent link: https://www.econbiz.de/10010274528
deregulation. Road driver output is individualized, and pay is on the basis of a piece rate (mileage). However, road drivers work … companies paid more than those for TL companies, but in LTL the union earnings premium was maintained following deregulation and …
Persistent link: https://www.econbiz.de/10010282408
with the best access to local telecommunications infrastructures. These same attributes have been associated with rising …
Persistent link: https://www.econbiz.de/10010262114
effects from domestic product market competition, labor market competition, or import penetration. …
Persistent link: https://www.econbiz.de/10010261809
We construct objective measures of privatization, internal and external liberalization reform efforts, across countries over time, and investigate their determinants, reversals and macroeconomic impacts. We find that GDP growth determines external liberalization and privatization, concentration...
Persistent link: https://www.econbiz.de/10010267675
This paper is a contribution to the debate on policy complementarity in relation to deregulation in the product and … labour markets. We develop a model of dynamic efficiency wages and monopolistic competition. Whereas most of the literature … points toward the gains associated to an increase in product market competition coupled with an increased flexibility of the …
Persistent link: https://www.econbiz.de/10010261939
In this paper we study how promoting product market competition by reducing mark-ups or by increasing productivity are …
Persistent link: https://www.econbiz.de/10010262459
in international data. More market orientation might be related to gender wage gaps via its effects on competition in …
Persistent link: https://www.econbiz.de/10010268261
countries over the period 1980-2002, we present evidence that product market deregulation is more effective at the margin when … labor market regulation is high. Moreover, there is evidence in our sample that product market deregulation promotes labor … market deregulation. We show that these results are mostly consistent with the basic predictions of a standard bargaining …
Persistent link: https://www.econbiz.de/10005762118