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The Slovenian transition represents a slow but steady liberalization of constraints on competition. Using a unique … of atypically rapid growth of total factor productivity (TFP) relative to levels in OECD countries, and that the rise in … as surviving firms, prove to be the major source of TFP gains. Market competition from new entrants, foreign-owned firms …
Persistent link: https://www.econbiz.de/10010261614
competition. The model predicts that in the short run the least efficient firms in the industry become inactive, surviving firms … face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …
Persistent link: https://www.econbiz.de/10010271260
experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … productivity distribution of all potential opponents reduces competition failures by more than 50%, (2) information on the …This paper studies the influence of information on entry choices in a competition with a controlled laboratory …
Persistent link: https://www.econbiz.de/10010282257
Building upon some education studies finding that cooperative behaviour in class yields better achievements among students, this paper presents a simple model showing that free riding incentives lead to an insufficient degree of cooperation between schoolmates, which in turn decreases the...
Persistent link: https://www.econbiz.de/10010268541
determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields … has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to …
Persistent link: https://www.econbiz.de/10010271236
on existing theories of competition in markets with adverse selection. …
Persistent link: https://www.econbiz.de/10010276700
economics. This paper explores voting on a scheme of intergroup competition, which facilitates cooperation in a social dilemma … situation. Experimental results show that the competitive scheme fosters cooperation. Competition is popular, but the electoral … outcome depends strongly on specific voting rules of institutional choice. If the majority decides, competition is almost …
Persistent link: https://www.econbiz.de/10010283979
to higher school productivity. We discuss the evidence in this area, concluding that the impact of competition has proven … to be more mixed and modest than expected. We suggest that this in fact should not be surprising, since economic theory … market design might be necessary to ensure that competition enhances educational performance. …
Persistent link: https://www.econbiz.de/10010291369
productivity, wages and exports spillovers in developing, developed and transitional economies. Although theory can identify a …
Persistent link: https://www.econbiz.de/10010265405
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …
Persistent link: https://www.econbiz.de/10010269431