Showing 1 - 10 of 247
Although market concentration is one of the main impediments to productivity growth globally, data constraints have limited its analysis to developed countries or cross-country studies based on definitions of market concentration across nations and industries. This paper takes advantage of a...
Persistent link: https://www.econbiz.de/10012837436
This paper studies the dynamics of credit supply when a negative shock impacts a substantial share of bank loans. The analysis exploits the 2014 collapse of energy prices, using the universe of Mexican commercial bank loans. The findings show that, after the drop in energy prices, the credit...
Persistent link: https://www.econbiz.de/10012838006
This paper contributes to the limited literature on the welfare impacts of market concentration by developing a simple model that shows how exogenous variations in market power affect poverty. Increased market power leads to economy-wide welfare losses, because it raises the prices of goods and...
Persistent link: https://www.econbiz.de/10012970459
This paper explores the empirical relationship between bank competition, bank concentration, and the emergence of credit reporting institutions. The authors find that countries with lower entry barriers into the banking market (that is, a greater threat of competition) are less likely to have a...
Persistent link: https://www.econbiz.de/10012974411
The high level of exports and their product and market concentration exposes the Democratic Republic of Congo to the economic fluctuations of the country's trade partners. This paper uses the United Nations Conference on Trade and Development trade data set to analyze the Democratic Republic of...
Persistent link: https://www.econbiz.de/10012968755
Theory suggests that the effect of banking market concentration on financial stability is mediated by several competing variables. Using a sample of 68 countries from 1997 to 2015, this paper proposes a unified empirical framework to test for the simultaneous presence and impact of the mediators...
Persistent link: https://www.econbiz.de/10012909356
The shares of manufacturing in value added and employment across a range of developing economies peaked at lower levels of per capita income compared with their high-income, early-industrializer precursors. Based on the statistical analysis of input-output tables and firm-level data, the paper...
Persistent link: https://www.econbiz.de/10012910837
Like many countries in Sub-Saharan Africa, Senegal has struggled to develop its industrial sector in the face of import competition. For basic food products, there is an implicit trade-off between the objectives of maintaining employment and lowering the cost of living, both of which figure...
Persistent link: https://www.econbiz.de/10012971668
herald cities with their industrial bases as "engines of growth," does industrialization in fact drive urbanization? While … industrialization correlate only weakly with changes in urbanization. This suggests that policy and institutional factors may also … influence the urbanization process. In fact, the relationship between industrialization and urbanization is absent in Sub …
Persistent link: https://www.econbiz.de/10012973214
imitation sector. The process of industrialization increases the demand for high-skill labor, inducing individuals to invest in …
Persistent link: https://www.econbiz.de/10012974488