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private sector’s expanding role in developing countries in general have focused attention on issues of competition, corporate … product market competition in seven emerging economies by time series analysis of persistence of corporate profitability … during the 1980s and 90s. The surprising central finding is that the intensity of competition in emerging markets is no less …
Persistent link: https://www.econbiz.de/10011260225
held beliefs, product market competition in emerging countries is no less intense than in advanced economies …
Persistent link: https://www.econbiz.de/10008560100
This paper examines from the developing countries perspective important analytical and policy issues arising from: a) the current international discussions about corporate governance in relation to the New International Financial Architecture; b) changes in the international competitive...
Persistent link: https://www.econbiz.de/10005162858
's and 1990's. It focuses on the nature and intensity of competition and how it should be measured. The data on corporate … globalization in the 1990's have led to greater competition than before. Persistency in corporate rates of return is analyzed to …
Persistent link: https://www.econbiz.de/10011113910
The paper introduces the three articles in this Policy Feature, concerned respectively with competition, corporate …
Persistent link: https://www.econbiz.de/10005549414
. Many empirical studies suggest that financial reform promoted bank competition in most mature and emerging economies …. However, some earlier studies that adopted conventional approaches to measure competition concluded that bank competition in … Panzar- Rosse H-statistic fail to measure competition in Chinese loan markets properly due to the system of interest rate …
Persistent link: https://www.econbiz.de/10010862252
The lack of available prices in the Dutch life insurance industry makes competition an elusive concept that defies … direct observation. Therefore, this paper investigates competition by analysing several factors which may affect the … Xinefficiency, since severe competition would force firms to exploit available scale economies and to reduce X-inefficiencies. Both …
Persistent link: https://www.econbiz.de/10005021828
This paper is the first that applies a new measure of competition, the Boone indicator, to the banking industry. This … approach is able to measure competition of bank market segments, such as the loan market, whereas many well-known measures of … competition can consider the entire banking market only. A caveat of the Boone-indicator may be that it assumes that banks …
Persistent link: https://www.econbiz.de/10005022263
-reducing innovations and how this incentive is affected by the level of competition in the product market. It is found that a firm …'s innovation effort has a U-shaped relationship with the level of competition. This result generally holds true for both the …
Persistent link: https://www.econbiz.de/10010836168
carriers), and we point to the real danger that the intent of Congress in passing the 1996 Act to promote competition in …
Persistent link: https://www.econbiz.de/10005134493