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This paper examines a country''s incentives for intellectual property rights (IPR) protection in a global trading environment. There is a time inconsistency problem intrinsic to IPR protection: ex ante strong protection is warranted to promote innovation, but once discovery takes place there is...
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We use data for more than 2,600 European banks to test whether increased competition causes banks to hold higher … when controlling for the degree of concentration in banking systems, inter-industry competition, characteristics of the …
Persistent link: https://www.econbiz.de/10014399527
) predicts a negative relationship between banks'' risk of failure and concentration, indicating a trade-off between competition …, there is no trade-off between bank competition and stability, and bank competition fosters the willingness of banks to lend …
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This paper provides an empirical assessment of the degree of competition in Hong Kong SAR using industry-level data … decade has also made it slightly less competitive on average. Imperfect competition is not leading to counter …
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Community (EAC) countries2. The results show that the degree of competition is low due to a combination of structural and socio …
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technology exhibits increasing returns to scale, or it is relatively efficient, then perfect competition is optimal and supports …, or is relatively inefficient, then imperfect competition and intermediate levels of bank risks are optimal. These results …
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