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Markets are ubiquitous in our daily life and, despite many imperfections, they are a great source of human welfare …. Nevertheless, there is a heated recent debate on whether markets erode social responsibility and moral behavior. In fact …, competitive pressure on markets may create strong incentives for unethical practices (like using child labor) to increase …
Persistent link: https://www.econbiz.de/10011522522
through asset building. The theoretical and empirical results indicate that an increase in the initial level of competition … implies greater export incentive. However, over the life cycle of a firm, the role of competition is impacted by the intensity … of capital accumulation and the initial level of wealth. Greater local competition before the entry of firms in the …
Persistent link: https://www.econbiz.de/10012207973
through asset building. The theoretical and empirical results indicate that an increase in the initial level of competition … implies greater export incentive. However, over the life cycle of a firm, the role of competition is impacted by the intensity … of capital accumulation and the initial level of wealth. Greater local competition before the entry of firms in the …
Persistent link: https://www.econbiz.de/10012836956