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dynamics, the current dissertation analyses the interactions between innovation and competition. The scope of this work can be … outcome. The second one analyses the feedback effects of innovative activity on competition and the organisation of economic … activity. Regarding the impact of competition on innovation, an empirical analysis reveals that ICT- driven innovations …
Persistent link: https://www.econbiz.de/10009467260
In this paper we re-examine empirically the Structure-Conduct-Performance relationship between concentration and profitability using new data on Russia that allow us to overcome the endogeneity problem of market structure and expand on the traditional analysis in several ways. The analysis...
Persistent link: https://www.econbiz.de/10009476828
We investigate the effects of market power, banking and bank-environment activities on profitability and stability (risk and returns) for a total of 1929 banks in 40 emerging and advanced economies over the sample period of 1999-2008. The model developed in this paper incorporates the...
Persistent link: https://www.econbiz.de/10009480841
We investigate the effects of market power, banking and bank-environment activities on profitability and stability (risk and returns) for a total of 1929 banks in 40 emerging and advanced economies over the sample period of 1999-2008. The model developed in this paper incorporates the...
Persistent link: https://www.econbiz.de/10009480842
The aim of this paper is to assess the level of competition prevailing in the Spanish banking system. The current … banks. In both settings, a noteworthy increase in the degree of competition is identified at the turn of the eighties, when … hypothesis which states that concentration impairs competition …
Persistent link: https://www.econbiz.de/10012530182
Incluye bibliografía ; This paper is the first that applies a new measure of competition, the Boone indicator, to the … banking industry. This approach is able to measure competition of bank market segments, such as the loan market, whereas many … well-known measures of competition can consider the entire banking market only. A caveat of the Boone-indicator may be that …
Persistent link: https://www.econbiz.de/10012530192
. Many empirical studies suggest that financial reform promoted bank competition in most mature and emerging economies …. However, some earlier studies that adopted conventional approaches to measure competition concluded that bank competition in … Panzar- Rosse H-statistic fail to measure competition in Chinese loan markets properly due to the system of interest rate …
Persistent link: https://www.econbiz.de/10012530363
This dissertation studies the competition between two e-auction marketplaces using computer simulations. The simulation …
Persistent link: https://www.econbiz.de/10009434575
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
calling plans between1996, when incumbents enjoyed a duopoly market, and 1998, whenincumbents faced increased competition from …
Persistent link: https://www.econbiz.de/10009435072