Similar Search Results

Entry and Competition in Local Hospital Markets

Abraham, Jean M. - 2005

There has been considerable consolidation in the hospital industry in recent years. Over 900 deals occurred from 1994-2000, and many local markets, even in large urban areas, have been reduced to monopolies, duopolies, or triopolies. This surge in consolidation has led to concern about...

Persistent link: https://www.econbiz.de/10012467027

Competition and Human Capital Accumulation : A Theory of Interregional Specialization and Trade

Rotemberg, Julio J. - 1990

We consider a model with several regions whose technological ability and factor endowments are identical and in which transport costs between regions are non-negligible. Nonetheless, certain goods are sometimes produced by multiple firms all of which are located in the same region. These goods...

Persistent link: https://www.econbiz.de/10012475809

Financial Entanglement : A Theory of Incomplete Integration, Leverage, Crashes, and Contagion

Gârleanu, Nicolae - 2013

We propose a unified model of limited market integration, asset-price determination, leveraging, and contagion. Investors and firms are located on a circle, and access to markets involves participation costs that increase with distance. Despite the ex-ante symmetry of investors, their strategies...

Persistent link: https://www.econbiz.de/10012459280

Markups and Entry in a Circular Hotelling Model

Barro, Robert J. - National Bureau of Economic Research - 2024

The Hotelling locational model and its adaptations to a circular city provide a core framework for research in industrial organization. The present paper expands the explanatory power of this model by incorporating a continuum of consumers with constant-elasticity demand functions along with...

Persistent link: https://www.econbiz.de/10014635623

Diverging Trends in National and Local Concentration

Rossi-Hansberg, Esteban - 2018

Bank of Richmond or the Federal Reserve System. We thank Eric LaRose and Sara Ho for outstanding research assistance …

Persistent link: https://www.econbiz.de/10012480717

Urban Growth Shadows

Cuberes, David; Desmet, Klaus; Rappaport, Jordan - National Bureau of Economic Research - 2021

Does a location's growth benefit or suffer from being geographically close to large economic centers? Spatial proximity may lead to competition and hurt growth, but it may also improve market access and enhance growth. Using data on U.S. counties and metro areas for the period 1840-2017, we...

Persistent link: https://www.econbiz.de/10012482691

Spatial Competition, Innovation and Institutions : The Industrial Revolution and the Great Divergence

Desmet, Klaus - 2018

A market-size-only theory of industrialization cannot explain why England developed nearly two centuries before China …. One shortcoming of such a theory is its exclusive focus on producers. We show that once we incorporate the incentives of … competition between the guilds' jurisdictions. We substantiate our theory (i) by providing historical and empirical evidence on …

Persistent link: https://www.econbiz.de/10012452993

Spatial Competition, Strategic Entry Responses, and the North Dakota Railroad War of 1905

Syverson, Chad - National Bureau of Economic Research - 2024

The North Dakota Railroad War of 1905, which pitted a potential entrant (the Soo Line) against an established monopolist incumbent (the Great Northern Railway), offers a lucid empirical example of strategic behavior, and in particular the potential for entry deterrence through product...

Persistent link: https://www.econbiz.de/10014576577

Can Emerging Market Bank Regulators Establish Credible Discipline? The Case of Argentina, 1992-1999

Calomiris, Charles W. - 2000

macroeconomic and bank regulatory reform. Bank regulatory policy promoted privatization, financial liberalization, and free entry …. Argentina's bank regulatory system now is widely regarded as one of the two or three most successful among emerging market …

Persistent link: https://www.econbiz.de/10012471046

Liquidity Risk, Liquidity Creation and Financial Fragility : A Theory of Banking

Diamond, Douglas W. - 1999

their investors. We show the bank has to have a fragile capital structure, subject to bank runs, in order to perform these … functions. Far from being an aberration to be regulated away, the funding of illiquid loans by a bank with volatile demand … such as narrow banking and bank capital requirements …

Persistent link: https://www.econbiz.de/10012471328

1
2
3
4
5
6
7
8
9
10
Next
Last