, innovation and economic growth. We provide empirical evidence that the reforms carried out under the EU Single Market Programme … (SMP) were associated with increased product market competition, as measured by a reduction in average profitability, and …

in the domestic market. With the reduction in price cost margins, profits fall and increases the productivity threshold … above which firms can operate profitably. This forces inefficient firms out of the market and resources are reallocated from … markets. The presence of trade barriers or government regulations that limit market entry can create inefficiencies leading to …

This paper investigates the market structure of Arab GCC banking industry during the years of 1993 to 2002 using the … under conditions of monopolistic competition; and we are unable to reject monopolistic competition for the banking market in …

more about the size of the market share of agood than others. Interestingly, the answer depends on the quality difference … sense completely disappears, although the old technology may keepsome market share in some periods as the new technology is …

approach is able to measure competition of bank market segments, such as the loan market, whereas many well-known measures of … competition can consider the entire banking market only. A caveat of the Boone-indicator may be that it assumes that banks … mentioned caveats in mind, our findings indicate that over the period 1994-2004 the US had the most competitive loan market …

or negotiated agreements as a tool of environmental policy and market structure. The goal of this survey is twofold. On … the one hand, we would like to identify the market environment which is most favourable to the adoption of voluntary … hand, we aim at assessing the effects of voluntary approaches on market structure and industry concentration. Our findings …

It is commonly argued that labor market institutions such as employment protection worsen an economy?s performance and … employment protection decreases incentives to innovate and thus productivity growth depends on the degree of product market … competition. For reasonable parameter values product market deregulation fosters growth substantially more in the flexible than in …