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Governments in extraction countries are anxious to estimate expected investment in development projects, since they represent an essential element of the macro economy. The overall level of activity is also crucial to oil companies, since the macro picture affects cost levels, the supplies...
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Abstract In markets with competing interconnected networks like mobile telecommunication markets investments affect the … investor’s and also any competitors’ profits. In a theoretical model it is shown that cost-reducing investments reduce the …, investments increase off-net traffic from the investor’s network but also from competitors’ networks. Regulation changes the …
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engage in quality investments more if the ex ante quality level of the high quality product is large enough; otherwise, only … competitive firms diminishes the incentive of the mid-quality firm to engage in quality investments. …
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frictions, both parties in a match are partially locked-in when they bargain over the joint surplus from their sunk investments … case of investments in homogenous capital only the agents on the short side acquire ownership of capital. There is always …
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industries from 1988-2009. The sectoral-level investment growth is a function of lagged investment level, sector-specific TFP …
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