Showing 1 - 10 of 2,708
to keep up the sustained growth of productivity. Reforms that enhance competition in product markets are among those that … capacity and waste of public money. A more level playing field would bring about efficiency-enhancing competition by private … competition is developing in some segments. Digitalisation is a promising candidate to lift China’s long-term growth potential …
Persistent link: https://www.econbiz.de/10013278668
-2006. The results show that banks in China operate under a system of monopolistic competition in general. The disaggregated … analyses suggest that the intensity of competition in the core market for bank lending increased after China's World Trade … Organisation accession and alongside interest rate liberalisation. However, it seems that competition has become less intense in …
Persistent link: https://www.econbiz.de/10013157012
through the introduction of competition. Countries throughout the world are in the process of abandoning the centralized …, monopoly, state-owned model of the railway in favor of models that create competition. However, different competitive models … competition for shippers at many important origin and destination points …
Persistent link: https://www.econbiz.de/10014117848
Using comprehensive loan-level data in China, we investigate how the deregulation on bank entry barriers alters local banking industrial organization and its economic consequences. We document a novel trade-off: the potential benefits of deregulation are adversely mitigated by entrant banks'...
Persistent link: https://www.econbiz.de/10012900427
Using comprehensive loan-level data in China, we investigate how the deregulation on bank entry barriers alters local banking industrial organisation and its economic consequences. We document a novel trade-off: the potential benefits of deregulation are adversely mitigated by entrant banks’...
Persistent link: https://www.econbiz.de/10013313377
forms of informal forces, which may translate into different implications for competition regulation. Based on extensive …When it comes to the analysis of the intrinsic mechanism of market behaviors and hence competition development and …-driven, were arguably delineated as being underpinning the competition development. Policy implications and future reform …
Persistent link: https://www.econbiz.de/10013037237
. 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
As the importance of Chinese financial schemes in maritime business increases, and many issues on the ownership of the assets under the current Law remain obscured for international investors, this work argues that a streamlining to international practice is required; therefore, the ownership of...
Persistent link: https://www.econbiz.de/10013200247
This paper explores patterns of governance and public finance in development through dissecting the substantiation of transportation infrastructure. We propose three propositions: modern society has increasing demands for government in promoting socio-economic progress; infrastructure is the...
Persistent link: https://www.econbiz.de/10013131253
As the importance of Chinese financial schemes in maritime business increases, and many issues on the ownership of the assets under the current Law remain obscured for international investors, this work argues that a streamlining to international practice is required; therefore, the ownership of...
Persistent link: https://www.econbiz.de/10012150350