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literature of competition modeling has produced mixed results, the proposed methodology goes one step further in order to … investigate the intensity of key effects on bank competition as decomposed into specific bank activities. The sample comprises … the explanatory power of traditional collusion, relative market power and efficiency alongside other key controls on bank …
Persistent link: https://www.econbiz.de/10011114371
We use data on sequential water auctions to estimate demand when units are com- plements or substitutes. A sequential English auction model determines the estimating structural equations. When units are complements, one bidder wins all units by paying a high price for the first unit, thus...
Persistent link: https://www.econbiz.de/10011114563
We investigate the effects of the establishment of the euro on the markups of French manufacturing firms. Merging firm-level census data with customs data, we estimate time-varying firm-specific markups and distinguish between eurozone exporters from other firms between 1995 and 2007. We find...
Persistent link: https://www.econbiz.de/10011114839
This workshop discussed the functioning of deregulated public transport markets, examining competition options for …
Persistent link: https://www.econbiz.de/10011115790
With the aim to improve efficiency and value for money, in addition to tendered services the European Commission …
Persistent link: https://www.econbiz.de/10011115812
The opening to competition in Germany's regional railway transport is interesting to investigate as some EU countries …'s regional passenger railway services opening to competition between 2009 and 2013, time when Leipzig's new underground City … transport before and after competition. We will show that the introduction of competition in Leipzig region has reduced the …
Persistent link: https://www.econbiz.de/10011115824
Recent deregulation in German long distance bus services lead to highly dynamic developments in this market. Long-distance coach services in the U.S. have been deregulated since the 1980th. The aim of this paper is to compare one established and one young/emerging market with the example of the...
Persistent link: https://www.econbiz.de/10011115830
This paper describes the development of competition in the Czech railway passenger market. The vertical separation of … route at the end of 2012. This resulted in an intensive on-track competition with tariff declines and service improvements …
Persistent link: https://www.econbiz.de/10011115841
raised were referred to the Competition Commission. Its final report was published in December 2011. Subsequently, the House …, including the extent to which price competition may be effective, the appropriate rate of return on capital that would be … importance of competition per se, as distinct from attributes of direct concern to users (such as reliability, frequency, and …
Persistent link: https://www.econbiz.de/10011115845
This paper considers the continued relevance of competition for utility regulation, especially in the context of … paper concludes by suggesting the scope for competition in designing and setting price controls. …
Persistent link: https://www.econbiz.de/10011116324