good is provided, but under certain conditions, competition leads to excessive provision. Further, there is generally a …

market competition plays an intermediary role that endorses the theoretical proposition. This effect is visible at all stages … market competition is the primary channel through which government subsidies influence CSR. Concurrently, optimising the …

firm that purchases inputs from an upstream firm under output subsidies. We construct an endogenous competition mode game …-Cournot competition can also materialize depending on the subsidy rates; however, Cournot competition appears as a unique equilibrium in a …

Can bank competition help attenuate the prevalence of zombie firms? Motivated by a stylized model, this paper studies … the effect of bank competition on the formation of zombie firms in two stages: the formation of distressed firms and … finds that bank competition lowers the probability of the formation of distressed firms, while it increases the probability …