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impact of time in firm competition: in addition to weighing costs and benefits of late adoption, firms use time as a … strategic variable through the possibility of overtaking their competitors. Due to this very specificity of time competition …
Persistent link: https://www.econbiz.de/10005067458
This Paper introduces a new way to measure competition based on firms' profits. Within a general model, we derive … conditions under which this measure is monotone in competition, where competition can be intensified both through a fall in entry … competition. …
Persistent link: https://www.econbiz.de/10005067505
health care. The review considers several interlocking aspects of the current English choice policy: competition between … concludes that there is neither strong theoretical nor empirical support for competition, but that there are cases where … competition has improved outcomes. The paper ends with a discussion of the implications of this literature for policies to promote …
Persistent link: https://www.econbiz.de/10005067537
This paper develops an agency model in which firms can influence their own incentives to provide a non-contractible effort by contracting on other variables (e.g. by committing themselves to some verifiable investment). In such a model the firms' need for outside finance is shown to interact...
Persistent link: https://www.econbiz.de/10005067540
The relationship between the overall intensity of competition in an economy and its long-run growth is an open question … more competition leads to more innovation and accelerates productivity growth. To complement these findings and capture … economy-wide effects, we conduct a cross-country study. We examine the impact of intensity of domestic competition beyond …
Persistent link: https://www.econbiz.de/10005067678
Persistent link: https://www.econbiz.de/10005067771
Persistent link: https://www.econbiz.de/10005067879
Persistent link: https://www.econbiz.de/10005068247
Competition is claimed to be beneficial in development projects promoting micro and small enterprise finance although …
Persistent link: https://www.econbiz.de/10005068666
market economies. The primary focus of the study is on competition and market structure, finance and the structure of lending … interpretation of the evidence on competition is that there is an initial move by firms into niches to exploit local market power …
Persistent link: https://www.econbiz.de/10005068801