The concepts of demand and supply are most fundamental in the science of economics. They are the essence of market mechanism. But the idea of classifying all market forces into these two broad categories and of price determination through demand and supply was a very late development in the...

We examine the impact of bank competition and institutional factors on net firm entry in a sample of European manufacturing industries over the 1995-2006 period. Taking into account industry differences in the need for external finance, we find that bank competition helps firm entry. In...

We consider how patent rights and price regulation affect whether new drugs are marketed in a country, and how quickly. The analysis covers a large sample of 68 countries at all income levels and includes all drug launches over the period 1982-2002. It uses newly compiled information on legal...

We examine the impact of bank competition and institutional factors on net firm entry in a sample of European manufacturing industries over the 1995-2006 period. Taking into account industry differences in the need for external finance, we find that bank competition helps firm entry. In...

Az elmúlt évtizedekben a termelőtől a fogyasztóig tartó kínálati lánc kapcsolatrendszerének tanulmányozása az élelmiszer-gazdasági rendszerek hatékonyságának, illetve a piacon uralkodó versenyhelyzet elemzésének a népszerű eszközévé vált. Noha gazdag szakirodalom...

Napjainkban az elektronikus piactereken rég elfelejtett alkudozási formák élednek újra, s megtörni látszik a vevők árdiktátumoknak való kiszolgáltatottsága. Csak néhány kattintás az egérrel, és bármelyik vevő áttekintheti a teljes piaci kínálatot. Így a mikroökonómiai...

This paper identifies strategies to build a library consortium from a long term point of view. Contrary to the conventional wisdom to build a consortium around groups of homogenous institutions (Davis, 2002), we find that libraries with similar preferences are likely to lose from building a...

This article discusses the importance of market structure as a determinant of inflation. The research analyzes part of those called „necessary structural reforms” announced in recent years in Mexico. Taking into account the long tradition in openness generated in recent decades, I capture...

In the beginning of the eighties when a kind of trade revolution began, there were first serious attempts to develop the strategy of positioning in trade. Practically, there were attempts to synthesize the differentiation strategy based on competition (the objective is to have more successful...

The anomalous inverse concentration-price relationship observed by some researchers in the newspaper market has been attributed to scale economies. In this paper we suggest that the newspaper's (or magazine's) double-product feature (i.e., news supplied to readers and advertising space supplied...