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Persistent link: https://www.econbiz.de/10011944131
The scope of this paper is to estimate the production function for the Brazilian industrial sector from a longitudinal panel of the industrial sector (Annual Industrial Survey produced by the Institute of Geography and Statistics-PIA/IBGE-and the Ministry of Labour and Employment's Annual...
Persistent link: https://www.econbiz.de/10014420394
The paper analyses the effects of the 1990 Brazilian trade liberalizaton on the total factor productivity, market share and profits of a sample of 318 large manufacturing firms. A panel data production function analysis for the period 1986/94 indicates very large total factor productivity gains...
Persistent link: https://www.econbiz.de/10014111915
The scope of this paper is to estimate the production function for the Brazilian industrial sector from a longitudinal panel of the industrial sector (Annual Industrial Survey produced by the Institute of Geography and Statistics – PIA/IBGE – and the Ministry of Labour and Employment's...
Persistent link: https://www.econbiz.de/10013059629
Persistent link: https://www.econbiz.de/10000964951
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This paper examines the impact of firms' conduct on market structure. It studies the evolution of concentration in UK … competition has a positive effect on concentration in exogenous sunk cost industries as well as in advertising-intensive and R …&D-intensive industries. The concentration-market size relationship, while negative in exogenous sunk cost industries, breaks down in …
Persistent link: https://www.econbiz.de/10014146871
According to standard economic wisdom, fixed costs should not matter for pricing decisions. However, outside economics, it is widely accepted that firms need to increase their prices after a fixed cost rise. In this note, we show that a liquidity-constrained firm that maximizes lifetime profits...
Persistent link: https://www.econbiz.de/10011936060