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This paper investigates the impact of technical progress on the relationship between competition an investment. Using a … model of oligopoly competition with di¤erentiated products where firms invest to reduce their marginal cost of production, I … competition that maximizes investment of the industry. This feature holds also for consumer surplus and Welfare. In the model …
Persistent link: https://www.econbiz.de/10011957665
literature suggest a negative effect of (price) competition on investments in mobile networks. To the best of our knowledge this … auctions may alter competition in the mobile market. …
Persistent link: https://www.econbiz.de/10012289373
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We measure country welfare by an index number calculated from welfare components like GDP per capita and expected length of life. We rank countries from high to low welfare using such estimated welfare indices. In such calculation the chosen welfare components, the procedures used to normalize...
Persistent link: https://www.econbiz.de/10011562806
This study evaluates the redistributive and welfare effects of reforms in indirect taxes in Rwanda. Specifically, its aim is to determine the effects of the 2002 reforms of the value added tax (VAT) rate on aggregate household welfare; assessing the impact of this reform on welfare distribution...
Persistent link: https://www.econbiz.de/10012304820
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In this paper, we design a theoretical model to analyze the impact of the number of firms on investment in the wireless communications industry. Our model extends the Salop's framework by introducing investment in quality that either reduces the marginal cost of production or shifts the...
Persistent link: https://www.econbiz.de/10011445895
can loose competition to farmers who are rational only in economic sense and overexploit their land slots. References 1 …
Persistent link: https://www.econbiz.de/10011484450