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This paper investigates the empirical relationship between competition in the financial sector and the creation of firms in the non-financial sector. It finds that bank competition has an overall positive effect on firm creation. However, consistent with theories of banking arguing that...
Persistent link: https://www.econbiz.de/10005826289
Well-functioning financial markets and banking institutions are usually considered to be a condition favourable to economic growth. The importance of bank efficiency and bank market concentration has also been the object of discussion, with the general belief that while they are of particular...
Persistent link: https://www.econbiz.de/10010599169
The ultimate objective of the present paper is to empirically investigate the effectiveness of competition policy in developed and developing countries. Although its importance is continuously increasing, the effectiveness of competition policy still seems to lack the attention that it would...
Persistent link: https://www.econbiz.de/10011109090
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This study was prepared by Andreas Kuhlmann, while he was working with the Ifo Institute for Economic Research. It was completed in September 2006 and was accepted as a Ph.D. thesis by the Economics Department of the University of Munich. The subject of this study is the analysis of network...
Persistent link: https://www.econbiz.de/10008791368
This paper explores the procurement of public buildings in local authorities in the UK under the Private Finance Initiative (PFI) and its consequences for small and medium sized enterprises. Following an outline of the development of PFI in the UK, the paper explains the peculiarities of local...
Persistent link: https://www.econbiz.de/10009207054
Im deutschen Sprachraum spricht man vom "Mittelstand" - international wird dagegen der KMU-Begriff verwandt. Aber … beschreiben beide Begriffe dasselbe Phänomen? Dieser Beitrag analysiert die Begrifflichkeiten von Mittelstand und KMU sowie die … seine Größe. Daraus folgt, dass KMU fast immer zum Mittelstand gehören, der Mittelstand aber nicht auf KMU beschränkt ist …
Persistent link: https://www.econbiz.de/10011170351
Die in der jüngsten Vergangenheit zu beobachtenden strukturellen Veränderungen der Unternehmenslandschaft berühren auch und gerade den Mittelstand. Wir unter-suchen Mittelstand im Spannungsfeld unserer definitorischen Merkmale, nämlich der Identität von Eigentum und Leitung einerseits und...
Persistent link: https://www.econbiz.de/10011170352