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Atallah, Gamal - 2016

This paper models the simultaneous investments in cost-reducing and environmental R&D by asymmetric firms competing à la Cournot. Pollution rights are allocated by the regulator, and firms can trade pollution permits. Both R&D competition and R&D cooperation are considered; in the latter case,...

Persistent link: https://www.econbiz.de/10012999138

Designing Markets for Carbon Offsets : A Field Experiment in Malawi

Jack, B. Kelsey - 2014

Revealing private information to improve allocation and pricing in carbon offset projects can help improve the competitiveness of developing country offsets on global carbon markets. This study provides the first evidence from a developing country to directly compare alternative allocation...

Persistent link: https://www.econbiz.de/10013069635

Influence of internet and social media presence on small, local banks' market power

Filip, Dariusz; Jackowicz, Krzysztof; Kozłowski, Łukasz - In: Baltic journal of economics 17 (2017) 2, pp. 190-214

We study the impact of Internet and social media presence on the market power of small, local banks in Poland. We observe that small banks, which generally embraced new distribution and communication channels considerably later than the large commercial banks, had to forego a portion of their...

Persistent link: https://www.econbiz.de/10011890980

The Influence of Social Media and Internet Presence on Small, Local Banks’ Market Power : New Evidence from an Emerging Economy

Filip, Dariusz - 2016

We study the impact of late adoption of online banking and early presence on social media on the market power of small … some of their market power to reach new customers through Internet banking. The size of the necessary market …-power sacrifice is smaller when small banks primarily compete against their peers within local banking markets than against larger …

Persistent link: https://www.econbiz.de/10012996918

The Impact of Market Structure and the Business Cycle on Bank Profitability : The Role of Foreign Ownership. The Case of Poland

Pawlowska, Malgorzata - 2016

The aim of this study is to examine the impact of banking-sector structure and macroeconomic changes on bank … profitability in the Polish banking sector over the past fifteen years (i.e., prior to and during the global financial crisis of … evidence of the RMP hypothesis, as well as the traditional SCP, in the Polish banking sector. This paper also finds that …

Persistent link: https://www.econbiz.de/10012987506

How Bank Competition Affects Firms’ Access to Finance

Love, Inessa - 2013

Combining multi-year, firm-level surveys with country-level panel data for 53 countries, this paper explores the impact of bank competition on firms' access to finance. We find that low competition, as measured by high values of the Lerner index, diminishes firms' access to finance, while...

Persistent link: https://www.econbiz.de/10013090242

Do Geographical Distance and Diversification Really Matter for a Bank’s Market Power?

Deglinnocenti, Marta - 2012

Using a large sample of Italian banks over the period 2006-2009, this paper provides new evidence for the effect of the geographic distance between bank's headquarters and its branches; and furthermore for firm's characteristics, such as diversification strategies, risk exposure, ability to...

Persistent link: https://www.econbiz.de/10013110798

Enjoying the Quiet Life Under Deregulation? Evidence from Adjusted Lerner Indices for U.S. Banks

Koetter, Michael - 2013

The quiet life hypothesis posits that firms with market power incur inefficiencies rather than reap monopolistic rents. We propose a simple adjustment to Lerner indices to account for the possibility of foregone rents to test this hypothesis. For a large sample of U.S. commercial banks, we find...

Persistent link: https://www.econbiz.de/10013091702

IT Use, Productivity, and Market Power in Banking

Noth, Felix - 2014

Information management is a core process in banking that can resolve information asymmetries and thereby help to …

Persistent link: https://www.econbiz.de/10013067144

Bank market power and discouraged SMEs : international evidence

Duc Nguyen Nguyen; Mishra, Anil V.; Daly, Kevin James - In: Borsa Istanbul Review 22 (2022) 6, pp. 1045-1061

This study investigates the relationship between bank market power and firms’ financing constraints, indicated by the likelihood of being discouraged from applying for bank loans. The full data sample covers more than 72,000 small and medium-size enterprises (SMEs) in 113 countries around the...

Persistent link: https://www.econbiz.de/10014305637