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bulk purchase and buying price of milk, during the years 1998 to 2004, including a survey of the costs, profits and the … marketability of milk in the given years. During the year 2004, the purchase price of milk, including compensation payment, ranged … lack of profitability. This was a result of speeding growth rate in expenditure over milk yield. The level of expenditure …
Persistent link: https://www.econbiz.de/10011315954
The greater competition and concentration in South Africa's financial sector has put South African banks under more constraints and led to questioning of their present performance. With a greater demand for financial services and more complains about the low quality of financial services and...
Persistent link: https://www.econbiz.de/10009455986
Este trabajo presenta un modelo de frontera estocástica con parámetros aleatorios en el componente de ineficiencia aplicado al sector bancario. Este modelo permite capturar la influencia de las exposiciones de riesgo sobre la eficiencia bancaria y distingue estos efectos entre bancos con...
Persistent link: https://www.econbiz.de/10012530496
While credit is essential for investment, innovation and economic growth, there are risks to unfettered credit booms. The present paper provides an innovative micro-economic approach to identify the threshold leverage beyond which corporate indebtedness becomes “excessive”. In particular,...
Persistent link: https://www.econbiz.de/10009465417
Theoretical concepts of bank competitiveness are studied and research approaches to the banking efficiency measurement are overviewed. Empirical models of competition in banking are considered for identifying the key factors of bank competitiveness.
Persistent link: https://www.econbiz.de/10011316168
We document that bid-ask spreads decrease substantially for stocks that moved from Nasdaq to the NYSE between 1996 and 2000, and that spread reductions continued to be observed after the 1997 market reforms. Somewhat surprising in light of these reforms, the largest spread reductions are for...
Persistent link: https://www.econbiz.de/10009434944
We test the effect of entry on the tariff choices of incumbent cellularfirms. We relate the change in the breadth of calling plans between1996, when incumbents enjoyed a duopoly market, and 1998, whenincumbents faced increased competition from personal communicationsservices (PCS) firms. Entry...
Persistent link: https://www.econbiz.de/10009435072
price determination, the process of price determination and the sharing of economic rents from bargaining processes. A …
Persistent link: https://www.econbiz.de/10009437494
We examine the evolving structure of the U.S. hospital industry since 1970, focusing on how ownership form influences entry and exit behavior. We develop theoretical predictions based on the model of Lakdawalla and Philipson, in which for-profit and not-for-profit hospitals differ regarding...
Persistent link: https://www.econbiz.de/10009441040
We examine the evolving structure of the U.S. hospital industry since 1970, focusing on how ownership form influences entry and exit behavior. We develop theoretical predictions based on the model of Lakdawalla and Philipson, in which for-profit and not-for-profit hospitals differ regarding...
Persistent link: https://www.econbiz.de/10009441241