Showing 1 - 10 of 29,803
We estimate a dynamic oligopoly entry game in the early U.S. local telephone market. We observe the identities of potential entrants into local markets and therefore the waiting time of each potential entrant before it commits actual entry. To capture the feature of the data, we allow firms to...
Persistent link: https://www.econbiz.de/10013069132
at the retail level. A rapid price decline and a decline in revenues followed. Increased retail competition consequently … on the basis of a lack of competition …
Persistent link: https://www.econbiz.de/10013071602
This paper estimates the importance of network effects in the market for Yellow Pages. I estimate three simultaneous equations: consumer demand for usage of a directory, advertiser demand for advertising and a publisher's first-order condition (derived from profit-maximizing behavior)....
Persistent link: https://www.econbiz.de/10014120232
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/10009259523
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 studies the effect of product market competition on the compensation packages that firms offer to their … executives and in particular its impact on the sensitivity of pay to performance. To measure the effect of competition we use two … financial sectors as quasi-natural experiments. We provide difference in differences estimates of the effect of competition on …
Persistent link: https://www.econbiz.de/10013319292
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/10013319690
This paper discusses the relation between trade and competition, revising the literature and using indicators, build … domestic competition is explained by concentration indices, such as CR4 and HHI, which show positive correlation with profit … evaluating trade and competition policies in the context of the Brazilian economy. …
Persistent link: https://www.econbiz.de/10014429351
In this study, we investigate how product market competition affects the extent of analyst following and the properties … and forecast properties is more pronounced in countries with less effective competition laws and higher entry costs. These … and lower their information uncertainty, and that country-level institutions that promote competition effectively …
Persistent link: https://www.econbiz.de/10013031494
the "competition effect", by which desired price markups and inflation decrease when entry rises. We find that a 1 percent …
Persistent link: https://www.econbiz.de/10010391305