Showing 1 - 10 of 1,732
Persistent link: https://www.econbiz.de/10011665257
This paper analyzes the effects of mergers on markups of non-merging rival firms in narrowly defined markets. Combining data from the European Commission’s market assessments in merger decisions with production data, we use recent methodological advances in the estimation of production...
Persistent link: https://www.econbiz.de/10012317414
Central bank announcements have strong effects on interest rates, but small or even counterintuitive effects on economic expectations. Based on tick-by-tick futures prices on bonds and stock prices, I confirm these seemingly puzzling results for the euro area and provide evidence that they are...
Persistent link: https://www.econbiz.de/10012265893
Persistent link: https://www.econbiz.de/10010425820
large companies such as Amazon, Facebook, Google, and Microsoft, on innovation. Several stakeholders and analysts assert … that digital platforms have become so dominant that they slow the speed of innovation and that regulatory and antitrust … and negative effects of digital platforms on innovation. This paper seeks to contribute to closing this gap by pursuing …
Persistent link: https://www.econbiz.de/10012483513
In this conceptual paper, I propose a framework for measuring the market power of digital platforms. The rise of big technology companies that act both as intermediary platforms and providers of services and goods in several markets has heightened concerns about potential economic harms brought...
Persistent link: https://www.econbiz.de/10012805993
Persistent link: https://www.econbiz.de/10013185345
The internet giants - Facebook, Amazon, Netflix and Google, among others - have transformed society with both positive and negative effects. The negative effects have been stark. There have been huge disruptions caused by e-commerce. More recently, subtler, but even more serious negative effects...
Persistent link: https://www.econbiz.de/10012151937
The increasing openness of economies and the phenomenon of globalization has led to know-how and innovation becoming … innovative means that the construction of innovation is channeled through the social sphere, attributing an increasingly … generation of innovation at the firm levels. Internationalization and interaction for SMEs represent action strategies in an …
Persistent link: https://www.econbiz.de/10011547134
Current innovation policy is the result of decades of research about the nature and role of innovation in economic … growth. Such investigation has contributed to redesign our knowledge not only on the role played by innovation in economic … development but also about the relationship between innovation and territory. Although the huge literature examining the …
Persistent link: https://www.econbiz.de/10011491204