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competition, which enables interpreting the estimated coefficients of a reduced form, dynamic productivity equation. The paper …
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competition across 1,800 municipalities and matches it with establishment census panel data to estimate the impact on … result of legal reforms that strengthened the mandate of Peru's competition authority. Legislative changes in 2013 …/14 empowered the competition authority to enforce the elimination of illegal, sector-specific subnational regulatory barriers to …
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It has been suggested that mergers, by increasing concentration, raise incentives to invest and hence are pro-competitive. To study the effects of mergers, we rewrite a game with simultaneous price and cost-reducing investment choices as one where firms only choose prices, and make use of...
Persistent link: https://www.econbiz.de/10011798644
the implications for competition and economic growth. The results show that the (sales-weighted) average markup in Romania … environment that is less conducive to competition. A decomposition exercise shows that the increase in aggregate markups has been … ownership. Further, the paper shows that additional productivity dividends are associated with increased competition in Romania …
Persistent link: https://www.econbiz.de/10012434494
The paper studies competition for the market in a setting where incumbents (and, to a lesser extent, neighboring …
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