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of foreign entry on the productivity growth of domestic firms. In the face of foreign entry, domestic firms exhibit …. Our empirical results confirm that foreign entry indeed generates strong heterogeneous growth patterns among domestic …
Persistent link: https://www.econbiz.de/10011259554
Using a dataset of dialysis facilities operating in more than 1000 U.S. counties in 2007, I examine the product choice of two types of firms: multiproduct dialysis facilities and single product dialysis facilities. I simulate the effect of a Medicare policy proposal in 2008 which reduces the...
Persistent link: https://www.econbiz.de/10010738078
Schumpeterian growth theory has operationalized Schumpeter’s notion of creative destruction by developing models based on this concept. These models shed light on several aspects of the growth process that could not be properly addressed by alternative theories. In this survey, we focus on...
Persistent link: https://www.econbiz.de/10010869049
Consolidation is a myth. Data suggest that the airline industry is not consolidating. Competition is either increasing or almost constant, depending on the type of measurement. Hubs are here to stay because half the O–D travel in the world is in markets too small to be served nonstop....
Persistent link: https://www.econbiz.de/10011162580
buy, as a competitive tool in a quality-price setting. We consider an incumbent’s entry-deterrence strategies using … entrant (i.e., prevent entry without extra effort), deter the entrant (i.e., prevent entry with extra effort), or accommodate … the entrant (i.e., allow the entry to take place). We identify conditions under which the incumbent may actually over …
Persistent link: https://www.econbiz.de/10011097723
/product entry and a translog expenditure function by Bayesian methods. The dynamics of net business formation allow us to identify … the extent to which desired price markups and inflation decrease when entry rises. We find that a 1% increase in the …
Persistent link: https://www.econbiz.de/10011190207
that (a) contest entry and rent-seeking expenditures increase with the size of the prize and (b) earnings are equalized …
Persistent link: https://www.econbiz.de/10010593368
that (a) contest entry and rent-seeking expenditures increase with the size of the prize; and (b) earnings are equalized …
Persistent link: https://www.econbiz.de/10010552252
interstate banking deregulation lowered barriers to entry into urban banking markets and find that greater competition …
Persistent link: https://www.econbiz.de/10011560206
congestion effect. However, when the number of sellers ispresented in isolation, its negative impact on entry is …
Persistent link: https://www.econbiz.de/10009435138