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The use of traditional industry-level profitability indicators for assessing the state of competition is problematic … for two reasons. First, short-term variation reflects business cycles more than it does the impact of competition policy …. Second, rough industry-level indicators hide different mechanisms that are dependent on competition but may affect …
Persistent link: https://www.econbiz.de/10010273073
-based competition. Moreover, we find evidence of a regulatory commitment problem: higher incumbents' investments encourage provision of …
Persistent link: https://www.econbiz.de/10010352072
This paper analyzes how competition works in mobile telecommuncations markets and, bases on this analysis, we discuss … understanding competition in mobile telephony, is the fact that building a mobile telephone network requires highly specific … interconnection and fixed-to-mobile termination may give rise to competition problems. As we argue in this paper, closer analysis …
Persistent link: https://www.econbiz.de/10010263392
Wettbewerb zu ermöglichen bzw. zu stärken, damit die neuen technologischen und ökonomischen Potentiale zum Wohle der … developments in technology and on the markets. The common goal pursued by regulation is to open or strengthen competition in order …
Persistent link: https://www.econbiz.de/10010306879
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An extensive empirical literature has documented the positive growth effects of equity market liberalization. However, this line of research ignores the impact of financial integration on a category of firms crucial for economic development, i.e. the small entrepreneurial firms. This paper aims...
Persistent link: https://www.econbiz.de/10011604544
market economies. The primary focus of the study is on competition and market structure, finance and the structure of lending … interpretation of the evidence on competition is that there is an initial move by firms into niches to exploit local market power …
Persistent link: https://www.econbiz.de/10010269128
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