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firms can also enforce a stakeholder society. With globalization entry by stakeholder firms is relatively more attractive …
Persistent link: https://www.econbiz.de/10010298375
The report analyses the impacts of globalization on competitiveness of national economies, industries and firms. The …
Persistent link: https://www.econbiz.de/10010333094
We present, extend and estimate a model of international trade with firm heterogeneity in the tradition of Melitz (2003) and Melitz and Ottaviano (2005). The model is constructed to yield testable implications for the dynamics of international prices, productivity levels and markups as functions...
Persistent link: https://www.econbiz.de/10011506613
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
the international comparisons, the price formation of the food chain, degree of concentration, competition, and the …, competition works in Finland just as well in agriculture, the foodstuffs industry and the wholesale and retail trade as it does in … from the standpoint of competition and consumer choice; the position of small producers can best be improved by fostering …
Persistent link: https://www.econbiz.de/10010273052
competition are all found to be important determinants of long-run firm values, firm turnover, and market structure. Estimates for …
Persistent link: https://www.econbiz.de/10010397677