This study aims to investigate the impact of the market structure and efficiency on firm performance in the meat and milk processing industry in Poland, Czechia, and Slovakia. Using stochastic frontier analysis and a profitability regression model applied to data from 2015 to 2021, the results...

This study analyzes the impact of knowledge capital (KC), a key element of firms' innovation and competitiveness, on stock returns during economic crises when sustainable competitiveness becomes particularly important. We analyze the impact of the Global Financial Crisis and COVID-19 as economic...

Understanding disparities in contest success is central to explaining how competition shapes the distribution of rewards, influence, or market shares. We introduce the Proportional Play Equilibrium (PPE), a boundedly rational alternative to Nash Equilibrium (NE) grounded in the Illusion of...

Fortune magazine published an article in February 2020 titled, "Boeing’s Long Descent", regarding Boeing’s focus on paying high dividends to its shareholders at the expense of R&D. If Boeing had not been paying high dividends to its shareholders, it could have invested on R&D which would...

This study explores the impact of corporate social responsibility (CSR) on the product market power by examining listed firms on the Taiwan Stock Exchange and Taipei Exchange from 2005 to 2017. We use CSR awards as a social responsibility indicator, and the results show a positive relationship...

Food price volatility broadly impacts the country's food security. Rice price stabilization in Indonesia is carried out by BULOG, the food state-owned enterprise (SOE) that the WTO has identified as Indonesia's state trading enterprise (STE). This study was conducted to evaluate the price...

US Interstate bank deregulation during the 1980s and 1990s led to larger, nationally diversified banks, and a decline in the number of local community banks. Economic theory suggests that community banks may have a greater incentive, but a lower capacity, to lend to a region following a...

Objective: The objective of the article is to examine the relationship between insurance market share and the financial results of insurance companies. We formulated the following research question: Is an insurance company's market position (market share) influenced by its financial results? If...

This paper develops a flexible discrete-choice demand framework for aggregate data sets that extends Berry, Levinsohn, and Pakes (1995) and the Pure Characteristics Demand Model of Berry and Pakes (2007). I provide a simple, computationally tractable, asymptotically normal estimator based on two...

Background The goal of this study is to estimate the association between hospital system market share and negoti- ated prices. Hospital system consolidation has led to many highly concentrated markets where systems can leverage their mar- ket share to negotiate higher commercial prices....

Share of national food products in retail is a frequent subject of policy debates. Local food is often associated with national security, sustainability, and support of local economy, contributing to value-added production, employment, rural development, and preservation of local food culture....

We study how risk management through hedging impacts firms and competition among firms in the life insurance industry - an industry with over 7 Trillion in assets and over 1,000 private and public firms. We show that firms that are likely to face costly external finance increase hedging after...

PurposeTo examine whether and how the different levels of regional economic incentives would have an effect on underwriters' market share in general.Design/methodology/approachDrawing on Chinese IPO firms during the period 2006-2016, this study examines the impact of different levels of regional...

In dieser Studie nehmen wir neben den klassischen Zielen der Frequenzregulierung, wie z. B. der Schaffung wettbewerblicher Marktstrukturen, auch die Aspekte der Nachhaltigkeit und Resilienz in den Blick. So hat z. B. die Ausgestaltung von Versorgungsauflagen für Mobilfunknetzbetreiber im...

Competitive pressure has resulted in fierce competition among agro-dealer businesses, with market share margins being divided among industry parti-cipants. This paper empirically investigates the main competitiveness drivers in Kenyan agro-dealer businesses. The study employed an exploratory...

In this paper, we introduce a new approach to estimating differentiated product demand systems that allows for products with zero sales in the data. Zeroes in demand are a common problem in differentiated product markets, but fall outside the scope of existing demand estimation techniques. We...

We study the effect of the degree of exclusivity for the lowest bidder on the average price of generic pharmaceuticals in the short and long terms. Our results indicate that a 1-percentage-point gain in market share of the lowest bidder reduces average costs by 0.2% in the short term and 0.8% in...

Microsoft hat eine marktbeherrschende Stellung im Software-Markt, konkurriert aber mit einer Vielzahl von Wettbewerbern im benachbarten Markt für Cloud-Computing. Inwiefern führt die von Microsoft praktizierte Verknüpfung von Software-Produkten mit Cloud- Computing-Dienstleistungen zu...