Showing 1 - 10 of 367
competition are all found to be important determinants of long-run firm values, firm turnover, and market structure. Estimates for …
Persistent link: https://www.econbiz.de/10010397677
duplication of research. An increase in the intensity of competition among firms leads to an increase in the variety of developed …
Persistent link: https://www.econbiz.de/10011663162
competition among firms leads to an increase in the variety of developed projects and a decrease in the amount of duplication of …
Persistent link: https://www.econbiz.de/10011282467
theoretical contribution is combining a Mortensen-Pissarides model with monopolistic competition in the goods market and … individual wage bargaining. Product market competition affects unemployment via two channels: the output expansion effect and a … countervailing effect due to a hiring externality. Competition is then linked to barriers to entry. A calibrated model compares a …
Persistent link: https://www.econbiz.de/10011430036
manufacturing sector of China and India. We first provide a comparison between India and China using a broad international … perspective. We find that China has increased its labor productivity to a level above that of India, but due to a somewhat higher … compensation level, China is still somewhat at a disadvantage in terms of unit labor cost in manufacturing relative to India. In …
Persistent link: https://www.econbiz.de/10011807634
instrumenting is particularly important for estimating the effect of competition on the markup of the price leader. …
Persistent link: https://www.econbiz.de/10010294886
In many markets, homogenous goods and services are sold both by large global frms and small local frms. Surprisingly, the large frms charge, often substantially, higher prices. Examples include hotels, airlines, and coffee shops. This paper provides a parsimonious model that can account for...
Persistent link: https://www.econbiz.de/10010315515
The traditional dichotomy of paid versus unpaid work has a tendency to marginalise unpaid work when we attempt to conceptualise precariousness, leading to our perception that it involves exposure to the unpredictability of an individual's future. A new theoretical and empirical perspective is...
Persistent link: https://www.econbiz.de/10014565833
We use a dynamic general-equilibrium model to study how removing barriers to competition in the nontraded goods sector … a "deregulation shock" is associated with an accumulation of foreign assets unless the production of nontraded goods is … very capital-intensive. We then investigate whether a measure of domestic deregulation does, in fact, help to explain …
Persistent link: https://www.econbiz.de/10011430037
ideology and deregulation. From this crisis a new democratic capitalist system will emerge, though its character is difficult …
Persistent link: https://www.econbiz.de/10010281712