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downstream sectors, which often face tough international competition. Such firms lose market share, thus worsening the economic … performance of the country. We try to document the importance of this link between competition problems and growth by analysing … from competition problems perform worse in terms of net exports, export growth and output growth. …
Persistent link: https://www.econbiz.de/10005067650
competition, Bertrand and Cournot oligopoly) international competition forces the national government to subsidize innovation. The …
Persistent link: https://www.econbiz.de/10005666416
foreign and domestic competition, the consequences of soft budgets, and the role of managerial incentives and managerial human …
Persistent link: https://www.econbiz.de/10005504282
government regulation may reduce transaction costs, intensifying the competition associated with a given market structure, and we …
Persistent link: https://www.econbiz.de/10005504465
Using a new data set of the telecommunications sector on privatization (1981-98 for 167 countries) and competition … liberalization in the telecommunications sector. Building on the framework of a generalized private interest theory, we derive … less democratic countries. We find reasonably strong evidence in favour of the generalized interest group theory. Countries …
Persistent link: https://www.econbiz.de/10005504478
We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … drops to the minimum level in steady state, implying that quality competition is effectively eliminated. In this case …, static models tend to exaggerate the positive effect of competition on quality. Our results can explain the mixed empirical …
Persistent link: https://www.econbiz.de/10005504502
competition is shown to have a stimulating effect on growth. Indeed, by reducing the amount of slack a manager can afford while … keeping his firm alive, competition, combined with the threat of liquidation acts as a disciplinary device which fosters … this growth-enhancing effect of competition. …
Persistent link: https://www.econbiz.de/10005504632
competition is less intense, but perform substantially worse (are less likely to be admitted) when applying to very selective …
Persistent link: https://www.econbiz.de/10005504669
Payer-driven competition has been widely advocated as a means of increasing efficiency in health care markets. The 1990 …s reforms to the UK health service followed this path. We examine whether competition led to better outcomes for … patients, as measured by death rates after treatment following heart attacks. We exploit differences in competition over time …
Persistent link: https://www.econbiz.de/10005504734
Using a novel dataset that allows us to trace the primary bank relationships of a sample of mostly unlisted firms, we explore which borrowers are able to benefit from foreign bank presence in emerging markets. Our results suggest that the limits to financial integration are less tight than the...
Persistent link: https://www.econbiz.de/10005497713