Showing 1 - 10 of 25,968
This paper studies the impact of hospital competition on waiting times. We use a Salop-type model, with hospitals that … between neighbouring hospitals (competitive segment), and low-benefit patients who decide whether or not to demand treatment … from the closest hospital (monopoly segment). Compared with a benchmark case of monopoly, we find that hospital competition …
Persistent link: https://www.econbiz.de/10010264231
We analyse the effect of competition on quality in hospital markets with regulated prices, considering both the effect … of (i) introducing competition (monopoly versus competition) and (ii) increasing competition through lower transportation … costs (increased substitutability) or a higher number of hospitals. With semi-altruistic providers and a fairly general cost …
Persistent link: https://www.econbiz.de/10010271864
empirical findings, our model implies that firms in the competitive market reach higher productivity and employ less workers … competition between private firms for the best motivated workers leads to higher wage cost than under the public monopsony …
Persistent link: https://www.econbiz.de/10013152350
show that they increase with firm's output and market size. We find that wage rises with firm's productivity, but fall with …
Persistent link: https://www.econbiz.de/10012221390
knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … productivity, to a "Marxian" zone where the paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed then productivity, technical progress always increases inequality. Redistribution from profits to …
Persistent link: https://www.econbiz.de/10011401020
Do multinational firms wield more market power than their domestic counterparts? Using Hungarian firm-level data between 1993 and 2007, we find that markups are 19 percent higher for foreign-owned firms than for domestically owned firms. Moreover, markups for domestically owned firms are...
Persistent link: https://www.econbiz.de/10011284902
associated with competition is the main source of aggregate labour productivity growth in Canadian manufacturing industries …This paper investigates the extent to which productivity growth is the result of firm turnover as output is shifted … continuing firms. This paper proposes a method for measuring the impact of firm turnover on productivity growth and shows that …
Persistent link: https://www.econbiz.de/10014209428
This paper studies the effect of competition on firm innovation by developing a discrete-time endogenous growth model … analysis shows that rising competition leads incumbent firms to undertake (i) more (less) internal innovation for the products … innovation. Specifically, the shift in innovation composition in response to rising competition decreases overall innovation in …
Persistent link: https://www.econbiz.de/10013226722
performance and the nature of competition in international markets. We develop a model in which firms' organisational choices … determine heterogeneity across firms in size and productivity in the same industry. We then incorporate these organisational … choices in a Krugman cum Melitz and Ottaviano model of international trade. We show that the toughness of competition in a …
Persistent link: https://www.econbiz.de/10010365858
Persistent link: https://www.econbiz.de/10003386875