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absolute value, but its relative value with respect to the competition. For example, the effectiveness of a price cut in … about competition in different segments of the US auto market. To test our hypotheses of competitive behavior, we estimate a … structural model that disentangles the competition effect from the demand and cost effects on prices. The theory of repeated …
Persistent link: https://www.econbiz.de/10005586969
integrated monopolies in some industries has opened them, at least in non-network segments, to competition. The access price is … its opportunity cost. Nevertheless, this rule could hamper competition in the downstream markets. At a practical level …
Persistent link: https://www.econbiz.de/10005587760
evidence that market size affects compliance, local competition does appear to increase compliance. However, as competition …
Persistent link: https://www.econbiz.de/10005588181
This work analyses the evolution of the Local Area Network industry in terms of the interaction of technological and economic dimensions over time. It focuses in particular on two suppliers of LAN systems: the access technology industry and the internetworking industry. Two elements driving the...
Persistent link: https://www.econbiz.de/10005588796
Persistent link: https://www.econbiz.de/10005589895
industry in Poland over the period 1993 - 1997. Import competition and competitive market structure (weak concentration) are … some specifications. This confirms implications from neo-Schumpetarian growth models: one channel through which competition …
Persistent link: https://www.econbiz.de/10005590792
In this paper, we analyze the effects of trade, concentration and ownership on the pricing behavior of firms in two transition countries, Bulgaria and Romania. We use an extensive dataset of more than 3000 firms and sector level information to estimate the effects of these three factors on the...
Persistent link: https://www.econbiz.de/10005590811
Persistent link: https://www.econbiz.de/10005590918
Over the past two years, the IMF staff has been developing a new multicountry macroeconomic model called the Global Economy Model (GEM). This paper explains why such a model is needed, how GEM differs from its predecessor model, and how the new features of the model can improve the IMF’s...
Persistent link: https://www.econbiz.de/10005590952
A competitive economy is studied in which sellers offer alternative direct mechanisms to buyers who have private information about their own private use value for the commodity being traded. In addition the commodity has a common value to all buyers, perhaps represented by the future resale...
Persistent link: https://www.econbiz.de/10005596578