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We study cartel stability in a differentiated price-setting duopoly with returns to scale. We show that a cartel may be equally stable in the presence of lower differentiation, provided that the decreasing returns parameter is high. In addition we demonstrate that for a given factor of discount,...
Persistent link: https://www.econbiz.de/10010289474
competition. Although market changes are reflected in a reduced number of banks while a change in the dispersion of market shares … competition, of which the most common are the concentration ratio and the Herfindahl-Hirschman index. It is important to emphasize … sector of Serbia is characterized by a larger number of banks, less concentration on the market, and stronger intensity of …
Persistent link: https://www.econbiz.de/10014558445
This paper discusses the impact of deregulation and market integration policies on the structure of European banking …, will depend on the extent to which competition in banking is based on fixed or variable costs. If competition focuses on … variable costs, concentration will diminish with market enlargement when we control for the pro-concentration effect triggered …
Persistent link: https://www.econbiz.de/10010273287
-line extension (an upgrade through innovation) before it faces generic competition. There are two types of physicians: loyal …
Persistent link: https://www.econbiz.de/10010317100
labour-productivity growth in the US and larger countries of the EU. The continental West-European countries show a … from intangibles, and also larger multi-factor productivity (MFP) growth rates related to the restructuring of those …
Persistent link: https://www.econbiz.de/10010273393
Die Einführung des Euro bietet auch für den Händel neue Perspektiven. Werden durch den Wegfall der Wechselkursrisiken und die höhere Preistransparenz die grenzüberschreitende Nachfrage und das Angebot zunehmen? Werden sich die Preise auf dem jeweils niedrigsten nationalen Ausgangsniveau...
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Im Folgenden werden ausgewählte Ergebnisse einer neuen Datenquelle zur Messung von Wachstum und Produktivität im internationalen Vergleich präsentiert. Die Informationen decken den Zeitraum von 1970 bis 2004 ab. Sie zeigen, dass Deutschland seine langjährige Wachstumsführerschaft in Europa...
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