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&D diversification is governed by the economies of scope as well as the escape competition motive. Moreover, it is found that competition …This paper empirically investigates the determinants of R&D diversification strategies in the drug industry. It … enriches the existing literature by proposing to look at diversification factors, which reflect market and technological …
Persistent link: https://www.econbiz.de/10010267114
diversification. Against this background, we provide the main prospective scenarios for banking consolidation in the medium term after … examining the state of concentration and competition in the domestic banking markets and the role of the regulatory changes and …
Persistent link: https://www.econbiz.de/10011689920
Chandlerian world entails a lower spread of managerial salaries, greater product diversification, and a greater degree of products …
Persistent link: https://www.econbiz.de/10010328455
team composition, firm diversification, and IT investments - which arguably alter returns to exploiting synergies through …
Persistent link: https://www.econbiz.de/10010287681
market. Using detailed matched employer-employee data, we analyze how firm takeovers and product market competition are … ownership change, in particular when product market competition is weak. Further, increased competition reduces the gender wage …
Persistent link: https://www.econbiz.de/10010320130
Persistent link: https://www.econbiz.de/10011695727
comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are … product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in …
Persistent link: https://www.econbiz.de/10010297660
We develop and estimate a stylized micro-founded model of the US economy. Next we compute the parameters of a simple interest rate policy rule that maximizes the unconditional mean of utility. We show that such a welfare-based rule lies close to the Taylor efficiency frontier. A counterfactual...
Persistent link: https://www.econbiz.de/10011604659
This paper is the first that applies a new measure of competition, the Boone indicator, to the banking industry. This … approach is able to measure competition of bank market segments, such as the loan market, whereas many well-known measures of … competition can consider the entire banking market only. A caveat of the Boone-indicator may be that it assumes that banks …
Persistent link: https://www.econbiz.de/10011604814
, it is important to maintain competition among payment service providers but data available to gauge the degree of … competition are quite limited. We propose and implement a frontierbased method to assess relative competition in bank …
Persistent link: https://www.econbiz.de/10011605584