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Canadian industries. It studies the intensity and the effectiveness of entry, the relationship between turnover within … in these processes relate to the contribution that turnover makes to productivity growth. Differences across industries … both in the effectiveness of the entry process and the contribution of turnover to productivity growth are related to the …
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We develop a product market theory that explains why firms invest in general training of their workers. We consider a model where firms first decide whether to invest in general human capital, then make wage offers for each others' trained employees and finally engage in imperfect product market...
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We study competition in the German interurban bus industry two years after its liberalization in January 2013. In addition to a brief characterization of the liberalization process and several general market developments, we provide a detailed analysis of selected market characteristics such as...
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to study both competitive interaction in general and the potential price effects of a recently announced merger of the … empirical results suggest short-term price increases on certain route types post-merger, it remains an open question whether the … merger should be classified as anticompetitive. …
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Competition in some markets is a contest. This paper studies the merger incentives in such markets. Merger can be … profitable. The profitability depends on the post-merger contest st ructure, the discriminatory power of the contest and on the …
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