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Does efficiency promote competitiveness of the insurance industry?
Hui Shan Lee; Cheng, Fan Fah; Nasir, Annuar Md.; Nazrul … - In: Journal of business economics and management 19 (2018) 4, pp. 566-591
This paper contributes to the existing literature by examining the efficiency and competitiveness of the Takaful insurance. We employ the Data Envelopment Analysis (DEA) to compute the efficiency of Takaful operators, while Panzar-Rosse (P-R) H-statistic method is used to evaluate the degree of...
Persistent link: https://www.econbiz.de/10012174895
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Product market competition, investment and employment-abundant versus job-poor growth : a real options perspective
Chen, Yu-Fu; Funke, Michael - 2005
The role of product market reforms in achieving the objective of higher employment and growth has recently received much attention amongst academics. The aim of this paper is to analyse some of the channels through which cross-market effects come about and to assess their policy relevance. The...
Persistent link: https://www.econbiz.de/10010271923
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Product Market Competition, Investment and Employment-Abundant Versus Job-Poor Growth : A Real Options Perspective
Chen, Yu-Fu; Funke, Michael - 2021
The role of product market reforms in achieving the objective of higher employment and growth has recently received much attention amongst academics. The aim of this paper is to analyse some of the channels through which cross-market effects come about and to assess their policy relevance. The...
Persistent link: https://www.econbiz.de/10013318164
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Externes Controlling : Wettbewerb im öffentlichen Sektor mit Hilfe der Data Envelopment Analysis
Jung, Jürgen Thomas - 2002
Persistent link: https://www.econbiz.de/10013433089
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A nonparametric analysis of competitiveness efficiency : the relevance of firm size and the configuration of competitive pillars
Lafuente, Esteban; Leiva, Juan Carlos; Moreno-Gómez, Jorge - In: Business research quarterly : BRQ 23 (2020) 3, pp. 203-216
This study employs a data envelopment analysis (DEA) model with a single constant input to analyze the competitiveness performance of a unique sample of 103 knowledge-intensive business service (KIBS) firms from Hungary, Spain, Colombia, and Costa Rica for the year 2017. Also, we assess how the...
Persistent link: https://www.econbiz.de/10012297864
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Mergers between regulated firms with unknown efficiency gains
Fiocco, Raffaele; Guo, Gongyu - 2014
In an industry where regulated firms interact with unregulated suppliers, we investigate the welfare effects of a merger between regulated firms when cost synergies are uncertain before the merger and their realization becomes private information of the merged firm. The optimal merger policy...
Persistent link: https://www.econbiz.de/10010358241
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Network unbundling and flawed coordination : lessons from electricity and railways
Brunekreeft, Gert - 2014
coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 …
Persistent link: https://www.econbiz.de/10010423547
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The interplay between regulation and competitions : the case of universal service obligations
Hörnig, Steffen; Valletti, Tommaso M. - 2002
Regulators have long been aware of the social aspects of communication. In the past, regulated monopolists have provided Universal Service Obligations, typically funded via a system of cross-subsidies. In this paper, we first review the rationale for imposing Universal Service Obligations, based...
Persistent link: https://www.econbiz.de/10011409371
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Competition, regulation and institutional quality
Fabella, Raul V. - 2017
Regulation and competition policy are two alternative modalities by which the state intervenes in the market. In order … varieties of market failures and identify those for which regulation is best address (cooperation failures such as The Fishing … regulation in jurisdictions where institutions are weak. The reasons are: information intensity and asymmetry being greater with …
Persistent link: https://www.econbiz.de/10011635985
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The regulation of interconnection and regulatory alignment in the Southern African Development Community
Nsomba, Grace - 2021
roaming services. The investigation and analysis find that there are currently low levels of alignment in regulation between … operator costs is asymmetric, making regulation challenging, as this affects the extent to which the relationship between costs …-the-top services. Attention therefore needs to be paid to the harmonization of regulation regarding Internet-related services. Here …
Persistent link: https://www.econbiz.de/10012595887