Showing 1 - 10 of 3,915
Digital markets have raised a number of new competition challenges. Ex-post competition policy appears not to be able … policy-makers, that ex-ante regulatory policies are needed to avoid competition being stifled in these markets, with a …
Persistent link: https://www.econbiz.de/10014278972
Persistent link: https://www.econbiz.de/10003684079
of bank competition on firms' access to finance. We find that low competition, as measured by high values of the Lerner … firms' access to finance. In addition, the impact of competition on access to finance depends on the environment that banks … operate in: greater financial development and better credit information can mitigate the damaging impact of low competition …
Persistent link: https://www.econbiz.de/10013090242
Ein Jahr nach Inkrafttreten der deutschen Energierechtsnovelle sind die Konturen der zukünftigen Strommarktregulierung noch zu weiten Teilen ungeklärt. Vor diesem aktuellen wirtschaftspolitischem Hintergrund wird in diesem Papier die Frage nach einer sachgerechten Ausrichtung der...
Persistent link: https://www.econbiz.de/10011475164
Global GDP growth has been propelled by two key factors over the past 50 years: growth of the size of the overall labor force, which doubled in the G20 countries as a result of brisk population growth, and rising productivity. Over the next half century, from 2014-2064, as a result of declining...
Persistent link: https://www.econbiz.de/10012982255
Embedding new technology creates opportunities and challenges for the global value chain (GVC). Using country-level panel data from 59 economies in 2007–2018, we construct a fixed-effects model to investigate the relationship between digital technology and the GVC position. Moreover, we...
Persistent link: https://www.econbiz.de/10014635489
Persistent link: https://www.econbiz.de/10014439426
Persistent link: https://www.econbiz.de/10012382223
Persistent link: https://www.econbiz.de/10012060368
We study the equilibrium effects of the "S" dimension of ESG under imperfect competition in labor or product markets … adopting firms and many stakeholders. Under shareholder primacy, competition in ESG policies generally reduces shareholder … value, while coordination on policies raises new anti-trust concerns. Under stakeholder capitalism, competition in ESG …
Persistent link: https://www.econbiz.de/10014445490