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industries and (iv) marginally increases industry output concentration. Addressing the recent literature, we also control for …
Persistent link: https://www.econbiz.de/10014118647
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
This paper uses the BEEPS firm-level data to study the process of convergence of transition countries with developed market economies. The primary focus of the study is on competition and market structure, finance and the structure of lending to firms, and how firms respond to the economic...
Persistent link: https://www.econbiz.de/10003793072
The paper uses an original international database on regulation, market structure and performance in the telecommunications industry to investigate the effects of entry liberalisation and privatisation on productivity, prices and quality of service in long-distance (domestic and international)...
Persistent link: https://www.econbiz.de/10012444748
factors potentially contributing to the downward trends: increased industrial concentration, changing labour market conditions …
Persistent link: https://www.econbiz.de/10011350476
The paper uses an original international database on regulation, market structure and performance in the telecommunications industry to investigate the effects of entry liberalisation and privatisation on productivity, prices and quality of service in long-distance (domestic and international)...
Persistent link: https://www.econbiz.de/10014149689
We propose that the effect of market concentration on firm survival is different according to whether an industry is … static (low entry and exit) or dynamic. In our empirical analysis we find support for this hypothesis. Industry concentration … increase in the 5-firm concentration ratio in a dynamic market raises the survival rate of new ventures by approximately 2 …
Persistent link: https://www.econbiz.de/10003829928
al. (2017), we evaluate and confirm two core claims of the superstar firm hypothesis: the concentration of sales among … firms within industries has risen across much of the private sector; and industries with larger increases in concentration …
Persistent link: https://www.econbiz.de/10012963787
firms in each industry, product market concentration will rise as industries become increasingly dominated by superstar … increasingly concentrate in a small number of firms; industries where concentration rises most will have the largest declines in … share will be greatest in the sectors with the largest increases in market concentration; and finally, such patterns will be …
Persistent link: https://www.econbiz.de/10012956029
firms in each industry, product market concentration will rise as industries become increasingly dominated by superstar … increasingly concentrate in a small number of firms; industries where concentration rises most will have the largest declines in … share will be greatest in the sectors with the largest increases in market concentration; and finally, such patterns will be …
Persistent link: https://www.econbiz.de/10011647664