Showing 1 - 6 of 6
The paper aims at empirically investigating the relationship between regulation and the capital structure of the regulated firm, A key aspect of the referred relationship pertains a leverage effect according to which debt could be increased as a response to previous physical capital investment...
Persistent link: https://www.econbiz.de/10008563166
The paper estimates the lower bound for market concentration taking as reference the framework advanced by Sutton (1991). Quantile regression methods were considered in the context of the Brazilian manufacturing industry in 2005 and separate estimates were obtained for exogenous and endogenous...
Persistent link: https://www.econbiz.de/10008563189
The paper aims at empirically investigating the relationship between regulation and the capital structure of the regulated firm, A key aspect of the referred relationship pertains a leverage effect according to which debt could be increased as a response to previous physical capital investment...
Persistent link: https://www.econbiz.de/10010629387
The paper examines the differential exercise of market power over the business cycle in the context of selected sectors in the Canadian manufacturing industry during the 1992-1/2007-4 period. In particular, empirical implications of non-collusive models previously explored by Wilson and Reynolds...
Persistent link: https://www.econbiz.de/10011278516
The paper aims at testing for the presence of long memory in domestic and cross border mergers and acquisitions in Brazil along the 2002-1/2011-4 period. The evidence from the estimation of fractional ARIMA models at the sectoral level provided scant evidence of the presence of persistent long...
Persistent link: https://www.econbiz.de/10011278608
The paper investigates lognormality in the context of firm size distribution for the Brazilian franchising segment. That implication of Gibrat´s law-GL is considered on a yearly basis under two settings. The evidence, for both the totality of firms and for mature firms at least 5 years old, was...
Persistent link: https://www.econbiz.de/10011278748