This paper shows that in the short run an increase in foreign firms' industry share lowers the TFP growth of Japanese firms as a result of the decrease in market power. However, in the long run, the entry of foreign-owned firms has a positive effect on the productivity of local firms as a result...

Gegenstand der vorliegenden Arbeit ist die Bedeutung von Patentschutzfür den Technologietransfer von Industrie- in Entwicklungsländer. Für den technologischen Wandel in Entwicklungsländern hat Technologietransfer eine hohe Bedeutung, seine genauen Bestimmungsgründe sind jedoch vor allem aus...

This paper provides an assessment of the competitive effects of deregulation on a local market that exhibits typical competitive conditions in the French funeral industry. Using a nested logit model, we first show that demand for funeral services is characterized by relatively high price...

This paper provides an assessment of the competitive effects of deregulation on a local market that exhibits typical competitive conditions in the French funeral industry. Using a nested logit model, we first show that demand for funeral services is characterized by relatively high price...

The paper analyzes the on-going process for reforming airport regulation in Italy and in uk. The object is to explore whether an airport «[...] has, or is likely to acquire, substantial market power» and requires formal price regulation, or whether more competitive circumstances may support a...

We consider price-fee competition in bilateral oligopolies with perfectly-divisible goods, non-expandable infrastructures, concentrated agents on both sides, and constant marginal costs. We define and characterize stable market outcomes. Buyers exclusively trade with the supplier with whom they...

This discussion paper resulted in a publication in the <I>Economic Journal</I> (2014). Volume 124, pages 887-916.<P> In the process of regulatory reform in the electric power industry, the mitigation of market power is one of the basic problems regulators have to deal with. We use experimental data to...</p></i>

The objective of this study is to investigate potential market power exertion in the output market of the ethanol-producing sector using the Solow Residual-Based (SRB) test and its different modalities (primal and primal-dual). The markup estimates (Lerner’s index) obtained using ethanol...

This research examines market power using Lau’s Hessian Identity relationships based on the empirical properties of duality theory. We compare the performance of the proposed dual approach using Lau’s Hessian Identity relationships with the simple traditional dual approach.