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The paper analyzes multilateral relations and distortions of investments in the Eurasian gas network, supplying gas from countries of the Former Soviet Union to Western Europe. We use a two stage model of endogenous coalition formation to study cooperation among gas producers and transiters,...
Persistent link: https://www.econbiz.de/10008531714
the competition with other financial activities; an absence of industry competition cannot thus be compensated by other …
Persistent link: https://www.econbiz.de/10005835457
In the market game presented here, sellers offer trade mechanisms to buyers, and buyers randomize over the sellers they visit. The distribution of buyers across sellers is endogenous and depends on all of the transaction opportunities existing in the market. Sellers choose from a broad class of...
Persistent link: https://www.econbiz.de/10005835726
This paper analyses the effects of concentration on profitability in the US banking sector from 1994-2005, using bank-level panel data. A new index of concentration is proposed, which reflects the depth and intensity of concentration. The econometric specification facilitates the simultaneous...
Persistent link: https://www.econbiz.de/10005835748
'Afrique Centrale (CEMAC) and the level of bank competition at the regional level. Using a mix of quantitative and qualitative … excess liquidity in the region. Other data also indicate that bank competition within the CEMAC as a region is limited …
Persistent link: https://www.econbiz.de/10005836545
The purpose of the present paper is to contribute to the literature on country interlocks by illustrating and analysing the interlocking directorships in the Italian listed companies from 1998 to 2006. We find that over the entire period a high percentage of the Italian listed companies are...
Persistent link: https://www.econbiz.de/10005836560
Rank-ordering of individuals or objects on multiple criteria has many important practical applications. A reasonably representative composite rank ordering of multi-attribute objects/individuals or multi-dimensional points is often obtained by the Principal Component Analysis, although much...
Persistent link: https://www.econbiz.de/10005836581
competition in private banking industry in India in an attempt to analyse the process of market dynamics in the industry. The … of competition proposed by Stigler (1961) and measured it by Bodenhorn’s (1990) measure of mobility. The study provides a … critique of the mechanism of inducing competition, which is implicit in the Narasimham Committee (1991). It then provides the …
Persistent link: https://www.econbiz.de/10005836817
governance as well as economic and political competition, whereas the role of collaboration mechanisms is growing. This process …
Persistent link: https://www.econbiz.de/10011245928
To realize the Moldavian political vector of European Union integration, a paramount importance has the increase of effectiveness of wine complex and the national economy in a whole. During the accession process,current and future development of vine culture and wine making is assessed, which...
Persistent link: https://www.econbiz.de/10011150755