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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
This paper considers the influence of spatial competition on education and its effect on students' school choice and … of the associated costs and prospective benefits from doing so. We analyze how competition between schools affects … competition which increases school productivity and student performance. This result confirms the findings in Hoxby (2000 …
Persistent link: https://www.econbiz.de/10005623403
This paper uses firm level data for the period 1989-2001 to analyse the working of competition in India’s manufacturing … sector. It examines the impact of greater competition on profit mark-up over the last decade. The econometric analysis of the …
Persistent link: https://www.econbiz.de/10005623563
This work examines the theory of profit in mainstream microeconomics from Islamic perspective. It does not deal with various profit theories in their historical order. Instead, it adopts an issue-wise approach and discusses questions such as what is profit, what are its sources of emergence,what...
Persistent link: https://www.econbiz.de/10005626855
-sharing, screening opportunities, and competition are important driving forces behind these new forms of work organization. We document … competition substantially fosters the trust strategy, reduces market segmentation, and leads to large welfare gains for both …
Persistent link: https://www.econbiz.de/10008513084
There is a general presumption that social preferences can be ignored if markets are competitive. Market experiments … (Smith 1962) and recent theoretical results (Dufwenberg et al. 2008) suggest that competition forces people to behave as if … hold when uncertainty is important (financial markets) or when incomplete contracts are traded (labor markets). Social …
Persistent link: https://www.econbiz.de/10008513086