We investigate the role of competition on the outcome of Austrian Treasury auctions. Austria's EU accession led to an … examine the effect of increased competition on auction performance: We find that increased competition reduced bidder surplus … aggressive bidding. Counterfactuals establish that as competition increases, concerns regarding auction format play a smaller …

to innovation and competition using data from the EBRD-WB Business Environment and Enterprise Performance Survey (BEEPS …) in Eastern Europe and Central Asia. The findings confirm an inverted-U shaped impact of competition on R&D. Both … competition and innovation have a simultaneous positive effect on labour productivity in terms of either sales or value added per …

intellectual property rights. The further impact of fewer competitors is to raise R&D, when initial competition is strong, but to … reduce it, when initial competition is weak ("inverted U"). …

effect of infrastructure-based competition between xDSL broadband and cable-TV broadband subscriptions on investments. We use …