Purpose – Institutions, social norms and the nature of industrial relations vary greatly between Latin American and Western European countries. Such institutional and organizational differences might shape firms’ operational environment in general and the type of competition in product and...

Allowing for three labor market settings (perfect competition or right-to-manage bargaining, efficient bargaining and monopsony), this paper relies on an extension of Hall's econometric framework for estimating simultaneously price-cost margins and scale economies. Using an unbalanced panel of...

This discussion paper resulted in a publication in the <I>Journal of Applied Econometrics</I>, 2013, 28(1), 1-46. 10.1002/jae.1256 Embedding the efficient bargaining model into the R. Hall (1988) approach for estimating price-cost margins shows that both imperfections in the product and labor markets...</i>

The aim of this paper is twofold. First, it investigates how the characteristics of a research team relate to the probability of generating a novel article. Second, once a novel article has been generated, it investigates the moderating effects of the team's characteristics on the impact of the...