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This paper asserts that beyond certain scale thresholds several factors contribute to diseconomies of scale for individual production units, particularly with regard to the costs of non-renewable resource consumption. Economic instruments such as environmental taxes may induce a shift towards...
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While there is widespread evidence of increasing markups in the United States and other developed economies in the last several decades, little is known about that evolution in developing economies, particularly Latin American countries. Using a harmonized dataset on listed firms from 70...
Persistent link: https://www.econbiz.de/10014556860
Lerner indices for U.S. banks for 2001-18 using nonparametric estimators of the underlying cost and profit functions … profit functional forms can seriously bias Lerner index estimates, as can failure to account for inefficiency and off …
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We study the vulnerability of 130 banks directly supervised by the European Central Bank's Single Supervisory Mechanism … healthier segments of the economy. But instead of emphasising bank recapitalisation, as in past years, we believe the task is to …
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