Showing 1 - 10 of 297
Persistent link: https://www.econbiz.de/10011740086
We study the implications of credit constraints for the sustainability of product market collusion in a bank-financed oligopoly in which firms face an imperfect credit market. We consider two situations, without and with credit rationing, i.e., with a binding credit limit. When there is credit...
Persistent link: https://www.econbiz.de/10011587934
through asset building. The theoretical and empirical results indicate that an increase in the initial level of competition … implies greater export incentive. However, over the life cycle of a firm, the role of competition is impacted by the intensity … of capital accumulation and the initial level of wealth. Greater local competition before the entry of firms in the …
Persistent link: https://www.econbiz.de/10012199980
Persistent link: https://www.econbiz.de/10008668641
qualitative nature of our findings is similar between Cournot and Bertrand competition, suggesting that our results are robust to … the mode of strategic behavior. -- outsourcing tax ; employment effects ; oligopolistic competition ; product …
Persistent link: https://www.econbiz.de/10009124754
Persistent link: https://www.econbiz.de/10009760694
qualitative nature of our findings is similar between Cournot and Bertrand competition, suggesting that our results are robust to …
Persistent link: https://www.econbiz.de/10013137486
qualitative nature of our findings is similar between Cournot and Bertrand competition, suggesting that our results are robust to …
Persistent link: https://www.econbiz.de/10013131419
We visit the role of privatization in the location decision of firms in an industry where no firm can produce all varieties demanded. We demonstrate that the Nash equilibrium locations are socially optimal, in the presence of a publicly owned firm, notwithstanding the degree of privatization.
Persistent link: https://www.econbiz.de/10010743693
We demonstrate the sensitivity of the location of downstream firms, engaged in sequential spatial competition, to the …
Persistent link: https://www.econbiz.de/10008559049