taking place for retail banking. Data on cross-border retail bank flows, cross-border bank mergers and the law of one price … reveal no evidence of integration in retail banking. This paper shows that the previous tests of bank integration are weak in … that they are not based on an equilibrium concept and are neither necessary nor sufficient statistics for bank integration …

market competition. The amount of knowledge firms can absorb from other firms is made dependent on their own research efforts … positive effect on R&D efforts both under research joint venture and under research competition. Firms' propensity to …

analysis. These findings show that European Commission interventions are competition enhancing and support the expected …

to initiate adequate investment incentives. Using a two-equation estimation approach, a direct competition effect (more … service competition increases the supply of infrastructure) can be disentangled from an indirect effect (more service … competition increases the demand for infrastructure quality and, as a consequence, increases the supply of infrastructure). While …

electricity companies and transnational competition, Chile and Brazil have only partially liberalized their electricity sector …

2003 to 2012. We examine the impact of service- and facility-based competition on firm-level investment as well as the … estimation techniques which allows us to account for various sources of endogeneity. We find that facility-based competition … decisions are strategic complements. Moreover, we find that intermodal competition in terms of fixed-mobile substitution exerts …

implications for the balancing of competition and cooperation in transatlantic airline markets. …

policies and competition controlling for relevant supply and demand side factors. Our econometric model employs dynamic panel … impact on investment in new infrastructure. Furthermore, infrastructure-based competition from mobile operators and the …