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shields the private commercial bank from aggressive competition by these banks. … such cooperative practices. There are two adjacent markets with one savings or cooperative bank being focused on each one … and one private commercial bank serving both. We find that abolishing regional demarcation indeed increases total loan …
Persistent link: https://www.econbiz.de/10010294740
shields the private commercial bank from aggressive competition by these banks. … such cooperative practices. There are two adjacent markets with one savings or cooperative bank being focused on each one … and one private commercial bank serving both. We find that abolishing regional demarcation indeed increases total loan …
Persistent link: https://www.econbiz.de/10010271449
Persistent link: https://www.econbiz.de/10011604338
This paper analyses the relationship between past innovation output, competition, and future innovation input in a … dynamic econometric setting. We distinguish two dimensions of competition that correspond to the concepts of product … substitutability and entry barriers due to fixed costs. Based on firm-level panel data for Germany and Switzerland we obtain consistent …
Persistent link: https://www.econbiz.de/10010300512
This paper investigates competition between health insurance companies under different financing regulations. We … consider two alternatives advanced in recent German health care reform discussions: competition by contribution rates (health … contributions) and by fees (health premia). We find that contribution rate competition yields lower company profits and higher …
Persistent link: https://www.econbiz.de/10010274910
of these instruments in the competition between banking firms. We use a duopolistic version of the industrial … organization approach to banking to find out that credit derivatives may influence banking competition. For this result to hold …
Persistent link: https://www.econbiz.de/10010263017
has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to …
Persistent link: https://www.econbiz.de/10010294835
finding is that firms? idiosyncratic efforts and the tendency for competition to equalize profit rates are two sides of the …
Persistent link: https://www.econbiz.de/10010296303
We propose a model of the European gas market where the risk that Russian deliveries are interrupted is endogenized. While Russia's attempts to buy considerable parts of the European downstream industry have faced strong political opposition, we argue that Russian participation in the downstream...
Persistent link: https://www.econbiz.de/10010297257
We consider the advantages and disadvantages of stakeholder-oriented firms that are concerned with employees and suppliers as well as shareholders compared to shareholderoriented firms. Societies with stakeholder-oriented firms have higher prices, lower output, and can have greater firm value...
Persistent link: https://www.econbiz.de/10010298375