Showing 1 - 10 of 33,809
What determines structure and profitability across markets for goods and services? Understanding the relationship between market structure and performance is critical for determining effective economic policy governing anti-trust, intellectual property, industry regulation, and international...
Persistent link: https://www.econbiz.de/10010250677
This paper investigates the role of incumbents' market power in shaping the entry decisions of Italian banks after branching liberalization in 1990. Using a unique dataset on 260 banks, we find that entry over the 1990-1995 period was targeted towards markets that were more competitive to begin...
Persistent link: https://www.econbiz.de/10008914385
By allowing carriers to route telephone calls over low-cost private lines, international simple resale (ISR) makes it … markets with relatively high private line capacity. Our findings suggest that ISR promotes potential competition and lower …
Persistent link: https://www.econbiz.de/10011124440
This paper empirically investigates the effect of international simple resale (ISR) authorization on the prices for international message telephone service (IMTS). We compile a firm-level panel data set for over 200 United States-foreign country bilateral markets from 1995 to 2004. These data...
Persistent link: https://www.econbiz.de/10008459704
China’s WTO accession offers a rare opportunity to observe multinationals’ response to changes in property rights in a … developing country. WTO accession reduced incentives for joint ventures while reducing constraints on wholly owned foreign … equity joint ventures and changes in registration type following China’s WTO accession, we find evidence consistent with the …
Persistent link: https://www.econbiz.de/10010631611
This paper uses a case study approach to explore the effects of NAFTA and GATT membership on innovation and trade in the Mexican soaps, detergents and surfactants (SDS) industry. Several basic findings emerge. First, the most fundamental effect of NAFTA and the GATT on the SDS industry was to...
Persistent link: https://www.econbiz.de/10005661768
Recent years have witnessed an enormous amount of reorganization of the corporate sector in the US and in Europe. This paper examines the role of market competition for this trend in corporate reorganization. We find that at intermediate levels of competition the CEO of the corporation decides...
Persistent link: https://www.econbiz.de/10010333898
We study international trade of innovative goods subject to scientific uncertainty on consumers' health effects. Trade of these goods is often at the centre of international disputes. We show that a new trade protectionism may arise because of the scientific uncertainty. A free riding effect is...
Persistent link: https://www.econbiz.de/10011608574
This paper presents a tractable formalization and an empirical investigation of the quality-complementarity hypothesis, the hypothesis that input quality and plant productivity are complementary in generating output quality. We embed this complementarity in a general-equilibrium trade model with...
Persistent link: https://www.econbiz.de/10010277014
This paper uses firm-level data for Mexican exporters to understand how firm-level export decisions shape a country's aggregate exports. The data allows for a characterization of both the crosssectional distribution of Mexican exports, across destinations and across exporting firms, and of the...
Persistent link: https://www.econbiz.de/10012616374