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This paper investigates competition in the Dutch manufacturing sector. We look at various indicators that have been … productivity growth are calculated at both the firm and industry level. This enables us to investigate differences in competition … and in its relation with productivity for both aggregation levels. Our results indicate that contemporaneous competition …
Persistent link: https://www.econbiz.de/10008536831
conceptual challenges in delineating what precisely qualifies as rent, intellectual or otherwise. In place of static conceptions … of rent and intellectual monopoly, we develop a dynamic framework for analyzing the processes of rentierization and …
Persistent link: https://www.econbiz.de/10014282349
the "competition effect", by which desired price markups and inflation decrease when entry rises. We find that a 1 percent …
Persistent link: https://www.econbiz.de/10010391305
on competition, and therefore on business dynamism, productivity and ultimately well-being. A recent update of the OECD …. Regulatory reform can improve consumer welfare by boosting competition and thus lowering prices of key goods and services, which … competition will also allow higher wages. Reducing barriers to entry can facilitate firm creation, boosting investment and jobs. …
Persistent link: https://www.econbiz.de/10012304414
institutional framework, competition within markets is mainly characterized by peaceful and conflict-free rivalry between actors … that leads to an optimal allocation of resources. In such a setting, competition may be described as a "record-type" game …. This view, however, ignores the possibility that competition itself may very well trigger conflict rather than having an …
Persistent link: https://www.econbiz.de/10011607117
Facebook, Amazon, Netflix and Google, as well as Twitter – the FANG companies – have transformed society with both positive and negative effects. Soaring consumer access to information, news, social networks, and entertainment has been stimulated by the ever-more ubiquitous and falling...
Persistent link: https://www.econbiz.de/10011990829
There can be no doubt that the FANG companies – Facebook, Amazon, Netflix and Google, as well as Twitter – have transformed society since their emergence. Like all social transformations, the changes wrought by their services have had ripple effects that are both positive and negative. On...
Persistent link: https://www.econbiz.de/10012010582
We study empirically how competition among high-frequency traders (HFTs) affects their trading behavior and market …-frequency competition, and contains an exogenous event - a tick size reform - which we use to disentangle the effects of the rising share of … high-frequency trading in the market from the effects of high-frequency competition. We find that when HFTs compete, their …
Persistent link: https://www.econbiz.de/10012016546
the 'competition effect', by which desired price markups and inflation decrease when entry rises. We find that a 1 percent …
Persistent link: https://www.econbiz.de/10010368526
liberalisation; strengthening competition in markets for goods and services; education, research and innovation. Progress is also …
Persistent link: https://www.econbiz.de/10011277005