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Convergence of firm-level productivity, globalisation, information technology and competition: evidence from France
Chevalier, Paul-Antoine; Lecat, Rémy; Oulton, Nicholas - London School of Economics (LSE) - 2009
Studies of firm-level data have shown that there is a huge dispersion of productivity across firms even when industries are narrowly defined. So there is a significant opportunity for the least productive firms to catch up to the most productive. The formers’ convergence could therefore...
Persistent link: https://www.econbiz.de/10010744856
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Productivity growth and the role of ICT in the United Kingdom: an industry view, 1970-2000
Oulton, Nicholas; Srinivasan, Sylaja - London School of Economics (LSE) - 2005
evidence that a boom in complementary investment in the 1990s could have led to a decline in the conventional measure of TFP …
Persistent link: https://www.econbiz.de/10010745929
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Reforming securities and derivatives trading in the EU: from EMIR to MiFIR
Ferrarini, Guido; Saguato, Paolo - London School of Economics (LSE) - 2013
The financial crisis has generated a deep revision of the regulation of securities and derivatives markets. In this … paper, we critically examine the extent to which current reforms, such as the European Market Infrastructure Regulation and … the proposed new Markets in Financial Instruments Directive and Regulation, will expand "public" securities and …
Persistent link: https://www.econbiz.de/10011126127
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Twin peaks : growth and convergence in models of distribution dynamics
Quah, Danny - London School of Economics (LSE) - 1996
Convergence concerns poor economies catching up with rich ones. At is- sue is what happens to the cross sectional distribution of economies, not whether a single economy tends towards its own steady state. It is the latter, however, that has preoccupied the traditional approach to con- vergence...
Persistent link: https://www.econbiz.de/10010745108
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Does pharmaceutical price regulation affect the adoption of generic competition?: evidence from the OECD, 1999-2008
Costa-i-Font, Joan; Varol, Nebibe; McGuire, Alistair - London School of Economics (LSE) - 2011
Generic competition in the pharmaceutical market is an effective cost-containment mechanism that improves static efficiency and stimulates pharmaceutical innovation. There is no prior study that has empirically analysed the relative delays in adoption of generic competition. This paper aims to...
Persistent link: https://www.econbiz.de/10010745148
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Does planning regulation protect independent retailers?
Sadun, Raffaella - London School of Economics (LSE) - 2008
nature of local political control in the UK from 1993 to 2003. Since local politicians directly control planning regulation … independent retailers between 1998 and 2004 can be attributed to the perverse effect of planning regulation. …
Persistent link: https://www.econbiz.de/10010746338
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Testing the "waterbed" effect in mobile telephony
Genakos, Christos; Valletti, Tommaso - London School of Economics (LSE) - 2007
This paper examines the impact of regulatory intervention to cut termination rates of calls from fixed lines to mobile phones. Under quite general conditions of competition, theory suggests that lower termination charges will result in higher prices for mobile subscribers, a phenomenon known as...
Persistent link: https://www.econbiz.de/10011071382
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Jeremy Greenwood and Per Krusell, "growth accounting with investment-specific technological progress: a discussion of two approaches" a rejoinder
Oulton, Nicholas - London School of Economics (LSE) - 2007
factor productivity (TFP) growth in each of the two sectors, and GHK’s concepts of investment specific and neutral …
Persistent link: https://www.econbiz.de/10010745181
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Dynastic management
Caselli, Francesco; Gennaioli, Nicola - London School of Economics (LSE) - 2006
The most striking difference in corporate-governance arrangements between rich and poor countries is that the latter rely much more heavily on the dynastic family firm, where ownership and control are passed on from one generation to the other. We argue that if the heir to the family firm has no...
Persistent link: https://www.econbiz.de/10010928662
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Getting past the WTO deadlock: the plurilateral option?
Woolcock, Stephen - London School of Economics (LSE) - 2013
The WTO’s Doha Development Agenda (DDA) negotiations are blocked. After repeated attempts to make progress, trade ministers have called for exploring new approaches to negotiations. This has been interpreted by some as clearing the way for plurilateral negotiations between subsets of...
Persistent link: https://www.econbiz.de/10010745306