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Recent evolutions in Europe raise questions on the viability of the actual economic and social model that defines the European construction project. In this paper, I will try to explain the viability of institutional European model that stick between free market mechanisms and protectionism. The...
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competition, especially between developed and emerging economies. Specialisation operates at the level of varieties instead of … product or sector-level. Furthermore, competition selects the most productive firms and the best performing of their products … older industrialised countries face up to this competition? The comparison between two export champions, China and Germany …
Persistent link: https://www.econbiz.de/10005607384
This paper investigates the incentives of experts competing to influence decision making. Competition for influence is … intermediate or high. Favoritism, consisting in biasing the competition for influence in favour of one expert, can further increase …
Persistent link: https://www.econbiz.de/10005609367
We investigate the effects of competition in the banking sector on the creation of firms in the non-financial sector … find evidence of a bellshaped relationship between bank competition and firm creation. In addition, consistent with models … finding that competition may reduce the availability of credit to informationally opaque firms, we find that bank competition …
Persistent link: https://www.econbiz.de/10005609373
competition in its export markets that quota removal has brought. This conclusion is highly significant for the Cambodian economy …
Persistent link: https://www.econbiz.de/10005609457
In the heterogeneous experimental oligopoly markets of this paper, sellers first choose capacities and then prices. In equilibrium, capacities should correspond to the Cournot prediction. In the experimental data, given capacities, observed price setting behavior is in general consistent with...
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