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evidence. Without offsetting tax increases the legislation will plausibly reduce prices but significant entry into the industry …
Persistent link: https://www.econbiz.de/10010576066
competitor. We show that this mechanism is welfare improving but it generates inefficient entry. That is a more efficient …
Persistent link: https://www.econbiz.de/10004968359
We empirically quantify the welfare implications of bank entry in the United States between 2000 and 2008. We use a … market outcomes. We find no evidence for under- or over-entry. Compared with the socially efficient outcome, there is a mild … significantly improves welfare under free entry. …
Persistent link: https://www.econbiz.de/10010709493
High prices and insufficient quality of care are observed in nursing homes in France. Reforms are currently under discussion, but governments are facing a dilemma : any measure of price cut is likely to affect quality and any improvement in quality would probably be inflationary. This work...
Persistent link: https://www.econbiz.de/10011074680
, obtained through price control legislation and legislation that eases the entry of generic products into the market, has caused …
Persistent link: https://www.econbiz.de/10004995401
non-linear demand) in which entry increases efficiency is provided as well. …
Persistent link: https://www.econbiz.de/10005371163
buy, as a competitive tool in a quality-price setting. We consider an incumbent’s entry-deterrence strategies using … entrant (i.e., prevent entry without extra effort), deter the entrant (i.e., prevent entry with extra effort), or accommodate … the entrant (i.e., allow the entry to take place). We identify conditions under which the incumbent may actually over …
Persistent link: https://www.econbiz.de/10011097723
Consolidation is a myth. Data suggest that the airline industry is not consolidating. Competition is either increasing or almost constant, depending on the type of measurement. Hubs are here to stay because half the O–D travel in the world is in markets too small to be served nonstop....
Persistent link: https://www.econbiz.de/10011162580
of foreign entry on the productivity growth of domestic firms. In the face of foreign entry, domestic firms exhibit …. Our empirical results confirm that foreign entry indeed generates strong heterogeneous growth patterns among domestic …
Persistent link: https://www.econbiz.de/10011259554
/product entry and a translog expenditure function by Bayesian methods. The dynamics of net business formation allow us to identify … the extent to which desired price markups and inflation decrease when entry rises. We find that a 1% increase in the …
Persistent link: https://www.econbiz.de/10011190207