Showing 1 - 10 of 336
This paper analyses the institutional framework for pharmacies in Germany and competition in that sector, which is … characterized by significant competition deficits. Based on our diagnosis and findings the advantages and disadvantages of two …
Persistent link: https://www.econbiz.de/10010305916
This paper investigates to which extent tough competition impacts on the macroeconomic performance of countries. The … relation between competition and innovation has been investigated intensely in industrial economics. It started with Schumpeter … highest for medium-range competition, but lower for very tough competition as well as for a very lax competitive regime …
Persistent link: https://www.econbiz.de/10011435235
We assess the influence of competition and capital regulation on the stability of the banking system. We particularly … competitive environment affect bank monitoring choices and the effectiveness of capital regulation? Our approach deviates from the … show that competition improves the monitoring incentives of better quality banks and deteriorates the incentives of lower …
Persistent link: https://www.econbiz.de/10010325147
approach is able to measure competition of bank market segments, such as the loan market, whereas many well-known measures of … ignores differences in bank product quality and design, as well as the attractiveness of innovations. We measure competition …This paper is the first that applies a new measure of competition, the Boone indicator, to the banking industry. This …
Persistent link: https://www.econbiz.de/10011604814
Policy makers in Europe have been concerned that lack of product market competition have led productivity to lag behind … the US. Theoretical models are ambiguous about the direction of the effect that product market competition should have on … productivity. On the one hand increasing competition lowers firm's profits and thus reduces incentives to exert effort (the …
Persistent link: https://www.econbiz.de/10010293022
could potentially include specialization, ownership, competition and tariff regulation. The first-stage non … competition, we develop spatial measures that quantify the level of competition as a function of distance. We subsequently apply …. Perhaps surprisingly, we find that, in a tiered governance framework, competition between major seaports and local seaports …
Persistent link: https://www.econbiz.de/10014501977
period 1998-2005 and discusses the results from the perspective of corporate bank strategy. Methodologically the existing … concentration of the national financial sector have a considerable impact on a bank's financial performance. Both issues proved to …
Persistent link: https://www.econbiz.de/10010298954
While macroprudential policy has mostly focused on the role of banks, we argue that pension funds are also important for financial stability. Drawing on previous research on pension funds, we explain how their actions can have a vital impact on other financial institutions as well as on...
Persistent link: https://www.econbiz.de/10014334701
In January 2014, Mexico addressed its epidemic of obesity by implementing an excise tax of 1 peso (1 MXN) per liter on … soft drinks. This study evaluates the pass-through of the tax, the influence on the tax of competition among different … stores, and the after-tax price dispersion. Using an unbalanced panel of weekly prices for 553 stores throughout Mexico, we …
Persistent link: https://www.econbiz.de/10013205109
Recent research has shown that women shy away from competition more often than men. We evaluate experimentally three … Competition unless a critical number of female winners is reached. We find that Quotas and Preferential Treatment encourage women … winners is not worse. The level of cooperation in a post-competition teamwork task is even higher with successful policy …
Persistent link: https://www.econbiz.de/10010294806