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European firm concentration and aggregate productivity
Bighelli, Tommaso; Di Mauro, Filippo; Melitz, Marc J.; … - 2021
This article derives a European Herfindahl-Hirschman concentration index from 15 micro-aggregated country datasets. In … the last decade, European concentration rose due to a reallocation of economic activity towards large and concentrated … markups stayed constant. Using country-industry variation, we show that changes in concentration are positively associated …
Persistent link: https://www.econbiz.de/10012504920
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European firm concentration and aggregate productivity
Bighelli, Tommaso; Di Mauro, Filippo; Melitz, Marc J.; … - 2021
This article derives a European Herfindahl-Hirschman concentration index from 15 micro-aggregated country datasets. In … the last decade, European concentration rose due to a reallocation of economic activity towards large and concentrated … markups stayed constant. Using country-industry variation, we show that changes in concentration are positively associated …
Persistent link: https://www.econbiz.de/10012504955
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Bank competition and firm growth in the enlarged European Union
Pellényi, Gábor; Borkó, Tamás - 2009
Persistent link: https://www.econbiz.de/10011387176
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Labour migration in the enlarged EU : a new economic geography approach
Kancs, D'Artis - 2011
The paper studies the impact of migration policy liberalisation on international labour migration in the enlarged EU in a structural NEG approach. The liberalisation of migration policy would induce additional 1.80 - 2.98 percent of the total EU workforce to change their country of location,...
Persistent link: https://www.econbiz.de/10011524916
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The economic geography of labour migration: Competition, competitiveness and development
Kancs, D'Artis - 2010 - Revised
The present paper studies labour migration in the enlarged EU. Adopting the Krugman’s framework of the New Economic Geography, we are able to study both the determinants of labour migration, such as market potential, wages, cost of living on one hand, and labour migration on the other hand...
Persistent link: https://www.econbiz.de/10011523053
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How does competition affect efficiency and soundness in banking? New empirical evidence
Schaeck, Klaus; Čihák, Martin - 2008
A growing body of literature indicates that competition increases bank soundness. Applying an industrial organization based approach to large data sets for European and U.S. banks, we offer new empirical evidence that efficiency plays a key role in the transmission from competition to soundness....
Persistent link: https://www.econbiz.de/10011604978
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Competitiveness in the European consolidated banking sector after the 2008 financial crisis
Klutse, Senanu Kwasi - In: Národohospodářský obzor : časopis věnovaný … 20 (2020) 4, pp. 431-444
The constitutional conception of market integration within the European Union entails creating a level playing field for competition in the consolidated banking sector. The financial crisis of 2008 brought with it the need to proceed with care as it rolled back the gains of improving competitive...
Persistent link: https://www.econbiz.de/10012817790
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Market structure and performance in mobile markets. The example of Europe
Jeanjean, François; Liang, Julienne - 2023
In this paper, we address the issue of the appropriate market structure in European mobile markets by presenting empirical evidence on the effect of the number of MNO on investment. Using a structural entry model based on a country-level dataset of 28 European countries, we find that, in average...
Persistent link: https://www.econbiz.de/10014343904
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Rising Concentration and Wage Inequality
Cortes, Guido Matias - 2020
shocks that increase concentration will also lead to an increase in wage dispersion between firms. Empirically, we use …-tically significant correlation between concentration and between-firm wage inequality, driven by increases in market shares and wages in …
Persistent link: https://www.econbiz.de/10012826722
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Country Cartels
Bernhardt, Dan - 2014
We analyze collusion under demand uncertainty by cartels such as OPEC that care about the utility derived from profits by citizens. When citizens are sufficiently risk averse and fixed operating costs are non-trivial, it becomes difficult for cartels to collusively restrict output both when...
Persistent link: https://www.econbiz.de/10013045808