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competition also the influence of spillovers on R&D-cooperation increases. However, competition seems to induce firms to search … spillover effects may even hinder firms from cooperating in R&D when there is intensive competition on the research stage. …
Persistent link: https://www.econbiz.de/10010316386
product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in …Productivity growth has been slow in many continental European countries over the last few decades, especially in … comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are …
Persistent link: https://www.econbiz.de/10010297660
for firms in financial distress. Regarding market discipline, productivity grows faster when competition on product … governance and market discipline on productivity growth. We find that firms under concentrated ownership tend to show … significantly higher productivity growth. Financial pressure from creditors influences productivity growth positively, particularly …
Persistent link: https://www.econbiz.de/10010297792
German and Austrian firm productivity. Unique matching of data from 1994 to 2003 suggests that tarif reductions raise parent … firm productivity significantly. A ten percentage point decrease in tarif rates can lead to total factor productivity gains …
Persistent link: https://www.econbiz.de/10010427590
applied to a newly constructed panel for Germany. Generalized Method of Moments (GMM) estimation techniques for dynamic panel … concentration. In contrast, competition enforces innovation, i.e. sales concentration has a negative impact on R&D. …
Persistent link: https://www.econbiz.de/10010297777
Based on an extended game-theoretic innovation-race model, we derive some Schumpeterian hypotheses of the impact of technological rivalry, market power, technological opportunities and market size on the timing of product and process innovations. Using innovation data at the firm level in the...
Persistent link: https://www.econbiz.de/10010305038
Does the internet increase competition? To address this question, I exploit two institutional details unique to Germany … treatment group with reduced online competition. (2) German law mandates resale price maintenance for books; I compare three … retailing sectors, electronics (price competition), books (no price competition), and food (no online sales), to identify the …
Persistent link: https://www.econbiz.de/10010333892
This paper elaborates on the relative importance of sectoral shocks for real economic activity in Germany. Implications of multisectoral real business cycle models are examined by resorting to testing techniques based on stock market returns. The empirical evidence is obtained by calculating...
Persistent link: https://www.econbiz.de/10010260560
This paper investigates how competition and firm size affect the relationship between market uncertainty and R … Investitionsverhalten nicht eindeutig. In dieser Studie analysieren wir empirisch, wie Wettbewerb und Unternehmensgröße einen möglichen …
Persistent link: https://www.econbiz.de/10010297999
competition online - an area that up to then seemed to have worked being left to the market. Though the extension of public …
Persistent link: https://www.econbiz.de/10010321677