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the opportunity for managerial slack. Consistent with the notion that competition mitigates managerial slack, we find that …, firms in competitive industries experience no significant effect. When we examine which agency problem competition mitigates …
Persistent link: https://www.econbiz.de/10012757546
taxation, can generate a loss of competitiveness (defined as an increase in relative unit labor costs for tradable goods), an …
Persistent link: https://www.econbiz.de/10013138851
industrial policies allocated to competitive sectors or that foster competition in a sector increase productivity growth. We … measure competition using the Lerner Index and include as industrial policies subsidies, tax holidays, loans, and tariffs …. Measures to foster competition include policies that are more dispersed across firms in a sector or measures that encourage …
Persistent link: https://www.econbiz.de/10013106960
The economic costs of environmental regulations have been widely debated since the U.S. began to restrict pollution emissions more than four decades ago. Using detailed production data from nearly 1.2 million plant observations drawn from the 1972-1993 Annual Survey of Manufactures, we estimate...
Persistent link: https://www.econbiz.de/10013065447
at which they upgrade the quality of their products. We analyze the effect of import competition on quality upgrading …
Persistent link: https://www.econbiz.de/10013070597
host-country research and development effort in response to foreign competition, is one of three examining the impact of …
Persistent link: https://www.econbiz.de/10013224894
Firm numbers first rise, and then fall as the typical industry evolves. This nonmonotonicity in the number of producers is explained in this paper using a competitive model in which innovation opportunities induce firms to enter, but in which a firm's failure to implement new technology causes...
Persistent link: https://www.econbiz.de/10013246380
This paper contains the basic statistical material upon which Effective Rates of Protection (ERPs), Domestic Resource Costs (DRCs), and crop acreage responses were calculated by the authors for their volume on Egypt in the NBER project Foreign Trade Regimes and Economic Development. This...
Persistent link: https://www.econbiz.de/10013246523
We examine competition amongst ridesharing platforms where firms compete by choosing both the price of rides and the … involve monopoly or competition under various multihoming regimes, depending on the density of the city, and the relative …
Persistent link: https://www.econbiz.de/10012914722
competition between the two channels, the paper uses a two step approach. First, it fits hedonic regressions for the prices paid …
Persistent link: https://www.econbiz.de/10013231197