Showing 1 - 10 of 115
Produktion umzubauen. Signifikante Erhöhungen der Effizienz und der Produktivität waren die Folge. Die vorliegende Arbeit misst … technische Effizienz (TE) und total factor productivity (TFP) in China unter der Annahme individueller Technologien der Landwirte … Ansatzes wird das TFP Wachstum in Änderung der technischen Effizienz (TEC), technischen Fortschritt (TC) und Änderung der …
Persistent link: https://www.econbiz.de/10010299369
The study decomposes the sources of Chinese growth by first making a distinction between technological progress and technical efficiency in the growth accounting framework, and then identifying a series of reform programmes, such as urbanization, structural change, privatization, liberalization,...
Persistent link: https://www.econbiz.de/10010284622
examined by contrasting the experiences of China and Mexico since these economies introduced trade liberalization. The …
Persistent link: https://www.econbiz.de/10010273421
foreign bank lending on firm growth and financing. Foreign lending stimulates growth in firm sales, assets, and leverage, but …-1993 – arguably the most connected businesses – benefit least from foreign bank entry. This finding suggests that foreign banks can …
Persistent link: https://www.econbiz.de/10011604544
stronger competition implies significantly lower spreads between bank and market interest rates for most loan market products … where competitive pressures are stronger. Further, where loan market competition is stronger, we observe larger bank spreads …This paper analyses the impact of loan market competition on the interest rates applied by euro area banks to loans and …
Persistent link: https://www.econbiz.de/10011604931
domestically-owned firms is through the impact on competition. We examine the effect of FDI on competition in the Chinese … manufacturing sector and the effect of competition on firms' R&D. Our analysis is conducted on a large dataset including all Chinese … large and medium sized firms over the period 1998-2004. Our results show that FDI increases competition but there are no …
Persistent link: https://www.econbiz.de/10010320152
estimation. The analysis allows to distinguish between rents that accrue due to single bank lending, rents that accrue due to … relationship lending, and rents that accrue due to the elimination of competition among multiple lenders. We find the relationship …
Persistent link: https://www.econbiz.de/10010303753
Private banks often blame state guarantees to distort competition by giving public banks the advantage of lower funding … costs. In this paper I show that if borrowers perceive the public bank as supporting economic development, private banks may … disadvantage. The public bank's competitive advantage may be offset, independently of what its true objective function is. Even …
Persistent link: https://www.econbiz.de/10010263847
competition on this choice. We find that competing banks use collateral less often than a monopolistic bank because competition … will intensify if both banks collateralize. Moreover, bank competition is welfare improving if collateralization is rather … are better able to evaluate a project's risk than entrepreneurs. We study the bank's choice between screening and …
Persistent link: https://www.econbiz.de/10010427497
Many contributions to the literature on competition in banking use the Panzar and Rosse test (1987). This test …
Persistent link: https://www.econbiz.de/10010313280