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Recently, massive bank exits have begun to be observed around the world. What is the effect of such bank behavior on the market power of the remaining banks and on competition between rivals? Do financial crises change this relationship? We test these questions on a sample of 226 foreign banks'...
Persistent link: https://www.econbiz.de/10013002519
Using a sample of US banks between 2001 and 2013, this paper investigates the impact of competition on bank efficiency … on efficiency, and the effect of the interaction between competition and securitization on efficiency. We confirm that … higher competition reduces efficiency. More importantly, our empirical findings suggest that banks securitizing their loans …
Persistent link: https://www.econbiz.de/10012910437
Using a translog cost function, we firstly estimate economies of scale and then calculate the bank-specific scale elasticities for Korean banks over the period 2007Q2 to 2011Q2. We find that all National banks operate with significant economies of scale, with bank-specific scale elasticities...
Persistent link: https://www.econbiz.de/10013106486
This paper investigates the different effects of competition and securitization on US bank efficiency between 2001 and … that higher securitization increases banks’ cost efficiency scores. When banks are under competitive pressure, the fixed …-effects and GMM models show that securitization is positively associated with the cost efficiency of banks, while it mitigates …
Persistent link: https://www.econbiz.de/10013300103
We are concerned with trade in transport services (not cabotage butrather international shipping, transport,and related logistical services) and the importance of competitionand market structure in the sector. Weexamine implications of liberalization for profits, trade, andnational gains from...
Persistent link: https://www.econbiz.de/10011303874
Purpose: The goal of this study is to investigate the empirical effect between competitiveness and FDI inflow in ASEAN … member countries over the period 2007-2017. Design/methodology/approach: The effect of competitiveness and foreign direct … the majority of ASEAN countries have a strong and positive association between competitiveness and the FDI inflow …
Persistent link: https://www.econbiz.de/10012240076
, we examine whether strengthening the competitiveness of the US economy in order to boost the country's exports …
Persistent link: https://www.econbiz.de/10012172769
This paper studies how transport infrastructure investments affect a bidding war for a firm between two asymmetric countries within a region in a context of imperfect competition, where transport infrastructure investments play the role of a global public good, leading to a reduction in the unit...
Persistent link: https://www.econbiz.de/10011723862
When countries compete for the location of a new multinational plant they need to be aware of the profit shifting opportunities this new plant creates for the global multinational firm. By modelling explicitly the multinational's intra-firm transactions, we show that the home market advantage...
Persistent link: https://www.econbiz.de/10010469981
Despite the many advantages offered by technology clusters, firms located in them face the risk of losing valuable knowledge to nearby competitors. In this study, we argue that multi-location firms strategically organize their Ramp;D activities to appropriate the value of innovations generated...
Persistent link: https://www.econbiz.de/10012707826