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In this report Appelbaum's model is discussed in detail. The model is also applied to the Dutch construction sector, allowing the degree of collusion to be ascertained. The model consists of five equations. One equation, the mark-up equation, is derived from the assumption of profit maximization...
Persistent link: https://www.econbiz.de/10005656726
This paper describes a model designed to explain the observed developments of the business ownership rate as well as gross entry and exit rates. Besides explaining the past, the model is used for exploring the future using scenario analysis.
Persistent link: https://www.econbiz.de/10005609517
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
In this report the financial model FAMOS for non-financial sectors and size classes is presented as a supplement to existing macro economic and sectoral EIM models such as PRISMA and KTO. In this model all balance-sheet variables and the main financial indicators are modelled. Non-corporations...
Persistent link: https://www.econbiz.de/10005609524
As of recent, EIM employs a revised labour-cost model. Amongst others, the revision was spurred by substantial changes materializing over the past three years in the field of social-security legislation. The objective of the ARKO (the abbreviation ARKO denotes the Dutch term ARbeidsKosten...
Persistent link: https://www.econbiz.de/10005609526
This report discusses allocative efficiency and focuses on pricing and quantity-setting policies. These can be considered to be the most fundamental aspects of market power. Perfect competition is commonly advocated as optimal. If the price in a certain industry diverges from marginal cost, this...
Persistent link: https://www.econbiz.de/10005609531
In this study we deal with the direct effects on productivity of the inhouse R&D expenditures of firms. In particular the differences in the output elasticities of R&D expenditures between large and small firms are investigated.
Persistent link: https://www.econbiz.de/10005609533