Showing 1 - 10 of 11,205
This study examines the firm size distribution of US financial institutions. A truncated lognormal distribution describes the size distribution, measured using assets data, of a large population of small, community-based commercial banks. The size distribution of a smaller but increasingly...
Persistent link: https://www.econbiz.de/10013113918
One strand of the industrial organization literature argues that outlays on sunk costs are endogenous in market expansion, implying an adaptive adjustment by firms to preserve their market share. A different view is taken in the literature on firms' internationalization. Here it is argued that...
Persistent link: https://www.econbiz.de/10012953221
We examine size management by European private firms for which disclosure requirements increase at size thresholds. Our estimates suggest at least 8% of firms near thresholds that impose income statement disclosure manage size downward, and the average firm that manages size sacrifices more than...
Persistent link: https://www.econbiz.de/10012937817
This research presents evidence on how the impact of industry concentration and unionism affect the Portuguese wage levels. The influence of employer association is also considered. We use sector information - two-digit level disaggregation of "Classificação das Actividades Económicas" -, and...
Persistent link: https://www.econbiz.de/10011870141
The Pareto distribution has been used to describe firm sizes in many theoretical models for its convenience and empirical validity. We provide estimates of the Pareto parameters across industries and investigate the determinants of the shape of the firm size distribution in Brazil. The Pareto...
Persistent link: https://www.econbiz.de/10014428760
Market competition is central to innovative activity, the diffusion process and macro-economic productivity growth …. Productivity growth at all levels comes about through institutional reconfiguration in response to the ongoing market process …. Stable and sustained long-term growth in output requires the continuous creation of new technological and commercial …
Persistent link: https://www.econbiz.de/10010335051
This paper empirically examines the effects of discriminatory fees on ATM investment and welfare, and considers the … role of coordination in ATM investment between banks. Our main findings are that foreign fees tend to reduce ATM … when a social planner decides on discriminatory fees and ATM investment to maximize total welfare. This implies that there …
Persistent link: https://www.econbiz.de/10011506704
This paper empirically examines the effects of discriminatory fees on ATM investment and welfare, and considers the … role of coordination in ATM investment between banks. Our main findings are that foreign fees tend to reduce ATM … when a social planner decides on discriminatory fees and ATM investment to maximize total welfare. This implies that there …
Persistent link: https://www.econbiz.de/10013137922
This paper empirically examines the effects of discriminatory fees on ATM investment and welfare, and considers the … role of coordination in ATM investment between banks. Our main findings are that foreign fees tend to reduce ATM … when a social planner decides on discriminatory fees and ATM investment to maximize total welfare. This implies that there …
Persistent link: https://www.econbiz.de/10011597034
&D investment at the firm level. The contribution of this study is threefold: first, we extend Máñez et al. [2014], Triguero et al … continuing investment in R&D depends on the market power of companies. We test alternative measures for market power: the …
Persistent link: https://www.econbiz.de/10011705599