Showing 1 - 10 of 953
This paper analyses the effects of concentration on profitability in the US banking sector from 1994-2005, using bank-level panel data. A new index of concentration is proposed, which reflects the depth and intensity of concentration. The econometric specification facilitates the simultaneous...
Persistent link: https://www.econbiz.de/10005835748
over marginal theory of imperfect competition. The controversy was closed prematurely; various contributions published … analysis of competition; it is too often neglected in favour of the sole competition on margins. …
Persistent link: https://www.econbiz.de/10011113011
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
degree of competition using the H-statistic by Panzar and Rosse (1987). The estimated H-statistics for the whole sample … periods are positive ranging from 0.38 to 0.62 and the Wald test for the market structure of monopoly or perfect competition … is rejected implying that the Islamic banks in Malaysia earned their revenue in the condition of monopolistic competition. …
Persistent link: https://www.econbiz.de/10005623258
strong support for the self-selection hypothesis, according to which firms need higher productivity performance to compensate … productivity levels for exporters. The paper also tests for the reverse causality (learning-by-exporting), but finds no empirical … support for it, not even after controlling for the firm's distance to a constructed international productivity frontier. This …
Persistent link: https://www.econbiz.de/10008532149
This study examines telecommunications productivity, technological catch-up and innovation in 74 countries for the … period 1991-1995. A summary of partial productivity indicators is presented, and total factor productivity (TFP) growth is … calculated using the Malmquist productivity change index. Decomposition of the Malmquist index provides preliminary evidence that …
Persistent link: https://www.econbiz.de/10005623365
. Globalization is shown to induce heterogeneous responses across firms in terms of scope and productivity, some of which are …
Persistent link: https://www.econbiz.de/10010860228
The desire to increase manufacturing productivity has been a commonly cited goal of the trade liberalization episodes … in productivity. However, this paper finds that the methodology used in the literature ignores inter …-industry productivity spillovers and suggests that this omission biases estimates of the impact of import tariff reduction on industry …
Persistent link: https://www.econbiz.de/10011113736
factor productivity (TFP) in determining both the wage premium and tariffs. This omission invalidates the use of the pre … tariffs reduces the wage premium by 1.1%. This finding suggests the importance of using policies that boost productivity to …
Persistent link: https://www.econbiz.de/10011114505
German and Austrian firm productivity. Unique matching of data from 1994 to 2003 suggests that tarif reductions raise parent … firm productivity significantly. A ten percentage point decrease in tarif rates can lead to total factor productivity gains …
Persistent link: https://www.econbiz.de/10008478848