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In a recent paper, Karadima and Louri use frontier-based measures of market power and bank competition in an application to Euro Area banking. The purpose of the present note is to access their paper in a critical way, as there are certain fallacies and errors.
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-affects efficiency and how firm size moderates this relationship. The mean efficiency scores by which the competitiveness output can be … optimized is 47.43%. The results suggest that the configuration of competitive pillars has important implications for efficiency … detrimental to efficiency. Also, a configuration of competitive pillars in which one or various competitive strengths prevail is …
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This article is intended to be a practical user guide to help assess their rebates' capability to foreclose. It first discusses how firms can assess whether their practices are capable of restricting competition. It then reviews the most important issues that are open as to the way the...
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This study includes three major sections, first one is efficiency and the latter one is productivity. The terms … efficiency and productivity headlines are composed of subsections; according to their definitions, importance and specific … methodology of the study. Consequently, competition is expressed to have a relationship with efficiency and productivity. The aim …
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This paper explores the effects of innovation efficiency on technology gap and product diversity between a leading firm … and its competitor. Our analysis shows some interesting results: when innovation efficiency is sufficiently large and … innovation efficiency on consumer surplus and social welfare. Managerial implications are discussed. …
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