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competition among counties. The present paper highlights the situation in which the citizens of two countries have the opportunity …
Persistent link: https://www.econbiz.de/10011482449
The positive impact that competition has on performance in most industries has been questioned in the education sector …. The difficulty to measure competition, the idea that parents don’t rationally choose schools for their children, and that … literature that relates competition and educational performance, and the data used to estimate that impact. We propose a …
Persistent link: https://www.econbiz.de/10011572699
changes in competition in the United States. The sector offers workplace employee representation through trade union branches … Productivity (TFP) than incumbents. Increased competition from new entrants leads incumbents to reduce the price of union …. Those with higher TFP have higher survival probabilities. However, increased competition does not induce incumbents to raise …
Persistent link: https://www.econbiz.de/10012139524
paper examines the role of market competition for this trend in corporate reorganization. We find that at intermediate … levels of competition the CEO of the corporation decides to have less power inside the firm and to delegate control to lower … when competition is not too tough and not too weak. The model predicts merger waves or waves of outsourcing when countries …
Persistent link: https://www.econbiz.de/10010373499
We analyze trading dynamics as successive high-frequency trading (HFT) firms begin to trade stocks in an equity market. Entrants compete with incumbents for volume, and there is crowding out. Earlier entry is associated with larger effects. After Passive HFT entry, incumbent spreads tighten....
Persistent link: https://www.econbiz.de/10010350498
The Slovenian transition represents a slow but steady liberalization of constraints on competition. Using a unique … as surviving firms, prove to be the major source of TFP gains. Market competition from new entrants, foreign-owned firms …, and international trade also raise firm efficiency in the industry. Results strongly confirm that market competition …
Persistent link: https://www.econbiz.de/10010261614
This paper assesses the impact of product market competition on job instability as proxied by the use of fixed … Strategies Survey, I show that job instability rises with competition. In particular, a one standard deviation increase in … competition in an economic sector decreases the probability that a fixed-term worker gets an open-ended contract within that …
Persistent link: https://www.econbiz.de/10013125476
Although market concentration is one of the main impediments to productivity growth globally, data constraints have limited its analysis to developed countries or cross-country studies based on definitions of market concentration across nations and industries. This paper takes advantage of a...
Persistent link: https://www.econbiz.de/10012836579
Does greater product market competition improve external competitiveness and growth? This paper examines this question … emerging market economies and developing countries, and finds that an improvement in domestic competition is associated with a … productivity growth. Price levels, including of essential items, are also generally lowered with an increase in competition …
Persistent link: https://www.econbiz.de/10012839680
of market players, and the challenges posed by algorithms are not entirely new problems for competition enforcers … further and more specific implications for competition policy. Price-setting algorithms in particular have drawn the attention … effective competition policy in the age of algorithms.Against the background of increasingly algorithm-based markets, the paper …
Persistent link: https://www.econbiz.de/10012954220