We evaluate the impact of competition on investments in Europe’s mobile communications market during the 2011 … economic theory suggests these could be partly explained by the dynamic effects of competition on the ability and incentives to … players can result in diseconomies of scale and a less efficient use of resources. We also find evidence that investment …

We document that 20% of Compustat firms have above-median investment rates despite having below-median marginal product … features of the cross-section of firms and allows for counterfactual analysis. Hypothetical firm investment policies that … ignore the potential for future jumps reduce MPK and investment dispersion but also lower aggregate productivity …

We study how foreign competition affects the composition of investments inside firms. A parsimonious model predicts … that firms have an incentive to shift their investments towards more short-term assets when exposed to tougher competition … competition is associated with a reduction of the firm-specific asset lifespan by about 4.5% on average. We additionally exploit …

It is often argued, though mostly informally, that outward foreign direct investment (FDI) is a synonym for the export … attention to the role of domestic competition. We find that the welfare effect of FDI is largely non-monotonic, and there are … unions because it serves to soften price competition between them. The paper points out that welfare effects of outward FDI …

). Barriers to foreign direct investment (FDI) in the Philippines are highly restrictive. The Foreign Investment Act (R.A. 7042 … remainder can be owned by a foreign investor. FDI restrictions lead to a lack of competition in the country which reduces the …