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The market structure can be described by concentration ratios based on the oligopoly theory or the structure - conduct - performance paradigm. Measures of concentration and also competition are essential for banks conduction in the banking industry. Several researchers have proved concentration...
Persistent link: https://www.econbiz.de/10010300844
This paper explores the impact of R&D subsidies on the concentration of R&D in an economy. First, governments are often criticized of subsidizing predominantly larger firms and thus contribute to persistence of leadership in markets and higher barriers to entry, and, hence, reduced competition...
Persistent link: https://www.econbiz.de/10010303005
This paper examines the nature of Japanese regulation, its effect on international trade, and the reasons for the slow progress of deregulation. It argues that theinformal and discretionary power of the Japanese bureaucracy, combined with acontinued protectionist, pro-producer, and pro-insider...
Persistent link: https://www.econbiz.de/10010304103
Das Internet ist stark durch Wettbewerb zwischen Plattformen geprägt, welche potenzielle Tauschpartner zusammenbringen. Die Konkurrenz zwischen solchen mehrseitigen Plattformen und die Marktkonzentration wird maßgeblich bestimmt durch (1) die Stärke der indirekten Netzeffekte, (2) das Ausmaß...
Persistent link: https://www.econbiz.de/10010305869
Persistent link: https://www.econbiz.de/10010307746
In this article, we simulate the concentration process within the German dairy sector employing a sector?wide optimization model. As a result, we get cost minimizing structures of the dairy sector for various time horizons depending on varying levels of transportation costs. We show that the...
Persistent link: https://www.econbiz.de/10010324345
In an efficient economy, capital should be quickly (re)allocated from declining firms and sectors to more profitable investment opportunities. This process is affected by the concentration of corporate control, which in turn is affected by market institutions. We employ a panel of 12,000 firms...
Persistent link: https://www.econbiz.de/10010263865
The paper estimates the lower bound for market concentration taking as reference the framework advanced by Sutton (1991). Quantile regression methods were considered in the context of the Brazilian manufacturing industry in 2005 and separate estimates were obtained for exogenous and endogenous...
Persistent link: https://www.econbiz.de/10010264469
This paper studies competition in prices and opening hours in a model with free entry. It is shown that under free competition a market failure arises: Entry is excessive and opening hours are under-provided. Restrictions on opening hours aggravate this failure. I analyze the impact of a...
Persistent link: https://www.econbiz.de/10010264686
Few industries are more concentrated than the global fashion industry. We analyse the geography and evolution of the ready-to-wear fashion design industry by looking at the yearly entry rates following an organizational ecology approach. In contrast to earlier studies on manufacturing...
Persistent link: https://www.econbiz.de/10010266752