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This study investigates the bank competition-stability nexus using a unique regulatory dataset provided by the Deutsche …-varying characteristics of banks which are likely to influence the competition-risk taking channel. Third, we include different measures of … competition, contestability and market power, each corresponding to a different contextual level of a bank s competitive …
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Main description: Der Band enthält die Beiträge, die bei der Jahrestagung 2004 der Arbeitsgruppe Wettbewerb im … Sichtweise der angewandten Wettbewerbspolitik dargestellt. Es folgen Erläuterungen der unternehmerischen Bedeutung von Effizienz …
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of regulation on R&D investment. Nearing competition has a dampening effect on R&D spending, but once the market and … regulatory framework conditions have been established, higher levels of competition positively influence R&D. Our results further … indicate that the relation between competition and innovative investment can be described as inverted U-shaped. Finally, we …
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Liberalized electricity markets are characterized by a fluctuating price-inelastic demand, non-storable electricity and often show substantial market shares held by one or few incumbent firms. These characteristics have led to a controversial discussion concerning the need for and the design of...
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