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&D investment at the firm level. The contribution of this study is threefold: first, we extend Máñez et al. [2014], Triguero et al … continuing investment in R&D depends on the market power of companies. We test alternative measures for market power: the …
Persistent link: https://www.econbiz.de/10012998168
After a brief discussion on expected and actual investment behavior in the telecommunications industry after the 1996 … between UNE-P competition and BOC average net investment is found. According to the model, each UNE-P access line increased … BOC average net investment by $759 per year, or about 6.4% per year in the aggregate. While BOC net investment fell by …
Persistent link: https://www.econbiz.de/10014073373
players can result in diseconomies of scale and a less efficient use of resources. We also find evidence that investment …
Persistent link: https://www.econbiz.de/10014079683
, social, and governance (ESG) investment plans. However, dichotomy is found in the literature about how rising ESG practices … affect firm value (FV). This study examines the linear and nonlinear effect of ESG practices on FV and how growth … policy implications. …
Persistent link: https://www.econbiz.de/10014495167
This paper empirically examines the effects of discriminatory fees on ATM investment and welfare, and considers the … role of coordination in ATM investment between banks. Our main findings are that foreign fees tend to reduce ATM … when a social planner decides on discriminatory fees and ATM investment to maximize total welfare. This implies that there …
Persistent link: https://www.econbiz.de/10008463991
When new technologies become available, it is not only essential that firms have the correct investment incentives, but … often also that consumers make the proper usage decisions. This paper studies investment and usage in a shared ATM network …. Because all banks coordinate their ATM investment decisions, there is no strategic but only a pure cost-saving incentive to …
Persistent link: https://www.econbiz.de/10005662325
Using data from a large enterprise-level panel designed to address this issue, we account for enterprise performance in Russia. We link performance to four aspects of the economic environment outlined in the literature: enterprise ownership; corporate governance; market structures and competition;...
Persistent link: https://www.econbiz.de/10005666814
This paper analyses how the equilibrium is affected when adding investment decisions and capacity constraints to the … traditional Cournot duopoly model. Authors investigate a multiperiod setting with two firms taking investment decisions in every …
Persistent link: https://www.econbiz.de/10005673480
Using data from a large enterprise-level panel designed to address this issue, we account for enterprise performance in Russia. We link performance to four aspects of the economic environment: enterprise ownership; corporate governance; market structures and competition; and financial constraints....
Persistent link: https://www.econbiz.de/10005784792
We explore how firms respond to downstream product shocks. We find that affected firms increase R&D and make additional safety-related investments in their existing assets-in-place. These investments vary with firm capabilities and across shock severity. Competitors appear to vicariously learn...
Persistent link: https://www.econbiz.de/10014635666