The correlation between productivity and competition is an oft-observed but ill-understood result. Some suggest that … there is a treatment effect of competition on measured productivity, e.g. through a reduction of managerial slack. Others … argue that greater competition makes unproductive establishments exit by reallocating demand to their productive rivals …

This paper builds a model of stock exchange competition tailored to the institutional and regulatory details of the …

This paper investigates how increases in concentration can be interrupted or reversed by changes in how firms compete …, quality competition came more in the form of costs that vary with hotel size, and less in the form of costs that are fixed …

expectations of future profits which, in turn, depend on the nature of competition within the market. In this paper we estimate a … by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price competition are all …

show that sectors characterized by a higher degree of competition (more substitutable products and a lower concentration of … production) tend to lobby more together (through a sector-wide trade association), while sectors with higher concentration and …

provides an introduction to the economics of 2SPs and its application to several competition policy issues …

This paper tests how competition in local U.S. banking markets affects the market structure of non-financial sectors …. Theory offers competing hypotheses about how competition ought to influence firm entry and access to bank credit by mature …

autarkies" to a nationally integrated market. I demonstrate that the results of increased competition were" what industrial …