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industrialization on poverty. It is concluded that industrial development in Pakistan has historically been heavily dependent on …Public policy is aimed at increasing the efficiency of the industrial sector in Pakistan. This paper looks at four … policy making. Thirdly, I have briefly discussed the history of policies implemented in Pakistan. Lastly, I have discussed …
Persistent link: https://www.econbiz.de/10010561885
the competitiveness capacity of an economy - production factors, competitiveness based on efficiency or on innovation. As … what has to be the country's competitiveness capacity and competition power at the level of firms. This article gives us …
Persistent link: https://www.econbiz.de/10008764572
Standard monopsony theory, old and new, lacks a realistic criterion to distinguish between monopsony and competitive prices. Consequently, prominent Austrian critics have by and large dismissed it. However, the idea that human action occurs in discrete steps, and consequently that the elasticity...
Persistent link: https://www.econbiz.de/10012956999
Recent empirical contributions in labor economics suggest that individual firms face upward sloping labor supplies. We rationalize this by assuming that idiosyncratic non-pecuniary conditions interact with money wages in workers' decisions to work for specific firms. Likewise, firms supply...
Persistent link: https://www.econbiz.de/10013139040
industry will be protected to the detriment of the consumers …
Persistent link: https://www.econbiz.de/10013109757
Economists disagree about whether competition causes the ideologies of media markets to converge or diverge. This paper analyzes the effect of media competition on the political ideologies of media outlets and the news consumption of the general public. Empirical results from National Annenberg...
Persistent link: https://www.econbiz.de/10014193222
Corporate governance in Pakistan has significantly improved over the past few years although much remains to be done …. In 2002, the Securities and Exchange Commission of Pakistan promulgated Pakistan's first Code of Corporate Governance … majority of corporations in Pakistan are family-controlled. Although there is a trend towards establishing good corporate …
Persistent link: https://www.econbiz.de/10014051949
Government infrastructure investment in mixed markets may crowd out investment from private firms, or it may induce them to invest preemptively. The tension between these effects underlies the policy debate over whether to allow municipal provision of internet access. The goal of this paper is...
Persistent link: https://www.econbiz.de/10012935447
We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs. A key feature of the model is that cartel discipline is endogenous. Thus, markets that appear segmented are strategically linked via the incentive compatibility constraint....
Persistent link: https://www.econbiz.de/10011794168
We analyze the impact of loan securitization on competition in the loan market. Using a dynamic loan market competition model where borrowers face both exogenous and endogenous costs to switch between banks, we uncover a competition softening effect of securitization that allows banks to extract...
Persistent link: https://www.econbiz.de/10013073906