competition arising from trade reforms lead to increases in innovation? This paper attempts to examine the link between trade … Licandro (2009, 2010) as guide, a two-stage approach is tested where trade and innovation are linked via competition. A … reduction in tariffs leads to an increase in competition as price cost margins fall due to the increase in the number of players …

shields the private commercial bank from aggressive competition by these banks. …

determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields … has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to …

finding is that firms? idiosyncratic efforts and the tendency for competition to equalize profit rates are two sides of the …

This paper analyses the relationship between past innovation output, competition, and future innovation input in a … dynamic econometric setting. We distinguish two dimensions of competition that correspond to the concepts of product …

. As a practical example, the professional competition between fund managers is considered. To explore how different … settings of competition parameters, the exclusion rate and the exclusion interval, affect individual investment behavior, an …

This paper examines the effect of competition on the irreversible investment decisions under uncertainty as a …