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Persistent link: https://www.econbiz.de/10005795318
This paper constitutes the first research that examines the historical origin of the debate about "U.S. competitiveness". It takes a special interest in a "myth" widely spread that concern over "U.S. competitiveness" arose between the beginning of the late 1970s and 1986. In fact, these...
Persistent link: https://www.econbiz.de/10005634429
The main objective of this paper is to analyze the links between product market competition, innovation and growth. We capture the idea that firms innovate in order to try to escape - albeit temporarily - from the pressure of competition exerted on them by their rivals. At each date, an industry...
Persistent link: https://www.econbiz.de/10005478350
In our study of four industries, we confirmed that there is a relationship between the stage through which the industry is going, thus its level of turbulence, and the nature of cooperative strategies. More specifically it appears in situations of industry reconfiguration, that the smaller, more...
Persistent link: https://www.econbiz.de/10005486508
This paper aims at measuring the impact of competition on productivity growth of the Tunisian manufacturing sector at the firm level. To investi-gate the impact of competition on productivity we use two procedures. The first one is a two-step procedure; the second one is a one step procedure. We...
Persistent link: https://www.econbiz.de/10010775102
Persistent link: https://www.econbiz.de/10005090634
Persistent link: https://www.econbiz.de/10005664317
Backward vertical integration by a dominant firm into an upstream competitive industry causes both input and output prices to rise. The dominant firm's cost advantage may or may not offset the negative effect to higher prices on social welfare. Whether it does depends on a simple indicator...
Persistent link: https://www.econbiz.de/10005780713
We address the question of how lending market competition, measured by the bargaining power of banks, affects the agency costs of debt finance. It is shown that intensified lending market competition will lead to lower lending rates and investment return distributions which are shifted towards...
Persistent link: https://www.econbiz.de/10005625279
Competition and market power have been the focus of much of the empirical research conducted by the EIM in the recent past. This report is concerned with these issues as well, and focuses in particular on the link between market conduct and performance. The background of the model which is...
Persistent link: https://www.econbiz.de/10005609522