Several competition authorities have accused petrol retailers of engaging in collusive conduct, which results in … a substantial amount of market power if they are to dampen competition. Therefore, we propose a method within the spirit … conduct parameter. Based on data for Switzerland, our empirical results suggest a low level of market power held by Swiss …

To address the relationship between innovation and competition we jointly estimate the opportunity, production, and … impact functions of innovation in a simultaneous system. Based on Swiss micro-data, we apply a 3-SLS system estimation. The … competition increases the firm's research effort, but at a diminishing rate, and the research effort ultimately decreases at high …

(derived from profit-maximizing behavior). Estimation shows that advertisers value consumer usage and that consumers value …

Using a large panel data set of German manufacturing establishments, this paper investigates the impact of competition … on training incidence as well as on the number of trained workers. According to theory, one would expect a negative … relationship between product market competition and firms' incentives to invest in employees' general skills (Gersbach and …

We study the effects of PPP loans on business competition. We start by introducing temporary cash subsidies into a … model of monopolistic competition with differentiated products and heterogeneous production costs. We test the predictions …-PPP competitors lost 70.5 cents in aggregate. Our results suggest that the PPP initiative distorted competition, imposing significant …

Boone (2008a) proposes a new competition measure based on Relative Profit Differences (RPD) with superior theoretical … indicator fails to correctly indicate competition. A proposed augmented indicator based on RPDs performs better. The traditional … Lerner-Index is still the only meas-ure that correctly indicates the expected competitive changes. -- Competition ; Boone …