Thursday, October 23, 2014

 

 



Soy un nuevo usuario

Olvidé mi contraseña

Entrada usuarios

Lógica Matemáticas Astronomía y Astrofísica Física Química Ciencias de la Vida
Ciencias de la Tierra y Espacio Ciencias Agrarias Ciencias Médicas Ciencias Tecnológicas Antropología Demografía
Ciencias Económicas Geografía Historia Ciencias Jurídicas y Derecho Lingüística Pedagogía
Ciencia Política Psicología Artes y Letras Sociología Ética Filosofía


Do we really know that the EU´s Single Market Programme has fostered competition? Testing for a decrease in markup ratios in EU industries.

1) La descarga del recurso depende de la página de origen
2) Para poder descargar el recurso, es necesario ser usuario
    registrado en Universia


  Descargar recurso

Detalles del recurso

Pertenece a: ePub-WU OAI Archive (Vienna Univ. of Econ. and B.A.)  

Descripción: Using a sample of 10 European countries and 17 industries covering the period 1981 to 1999, we test whether the EU's Single Market Programme had a significant procompetitive effect in terms of a reduction in firms' markups over marginal costs. In the framework of the markup estimation method suggested by Roeger (1995), we employ a panel approach for each of the sectors to test for both an instantaneous structural change between 1989 and 1993 as well as a continuous change in parameters using smooth transition analysis. The results do not indicate a pervasive pro-competitive effect of the Single Market. While markup reductions are found for aggregate manufacturing as of 1993, it is also suggested that markups increased in several sectors in the pre-completion period around the end of the 80s. This is likely to be due to strong increase in concentration and average firm size at the EU level in the second half of the 1980s. After all, the Single Market's net effect on markups is likely to be negligible if not positive. (author's abstract)

Autor(es): Badinger, Harald - 

Id.: 52005604

Versión: 1.0

Estado: Final

Tipo:  application/pdf - 

Palabras claveJEL_L11, JEL_F15 - 

Tipo de recurso: Working Paper  -  NonPeerReviewed  - 

Tipo de Interactividad: Expositivo

Nivel de Interactividad: muy bajo

Audiencia: Estudiante  -  Profesor  -  Autor  - 

Estructura: Atomic

Coste: no

Copyright: sí

Formatos:  application/pdf - 

Requerimientos técnicos:  Browser: Any - 

Relación: [References] http://epub.wu.ac.at/1636/

Fecha de contribución: 15-sep-2010

Contacto:

Localización:


Otros recursos del mismo autor(es)

  1. Aggregravity: Estimating Gravity Models from Aggregate Data This paper considers alternative methods to estimate econometric models based on bilateral data when...
  2. Summarizing Data using Partially Ordered Set Theory: An Application to Fiscal Frameworks in 97 Countries The widespread use of composite indices has often been motivated by their practicality to quantify q...
  3. From Rome to Lisbon and Beyond: Member States' Power, Efficiency, and Proportionality in the EU Council of Ministers This paper provides a comprehensive assessment of the evolution of EU member states' power, the EU's...
  4. Fixed Effects and Random Effects Estimation of Higher-Order Spatial Autoregressive Models with Spatial Autoregressive and Heteroskedastic Disturbances This paper develops a unified framework for fixed and random effects estimation of higher-order spat...
  5. National Representation in Supranational Institutions: The Case of the European Central Bank Supranational institutions face an important trade-off when hiring personnel. On the one hand, hirin...

Otros recursos de la misma colección

  1. Convex Cycle Bases Convex cycles play a role e.g. in the context of product graphs. We introduce convex cycle bases and...
  2. Generating Generalized Inverse Gaussian Random Variates The generalized inverse Gaussian distribution has become quite popular in financial engineering. The...
  3. The Impact of Regulation and Competition on the Adoption of Fiber-based Broadband Services: Recent Evidence from the European Member States Fibre deployment of next-generation high-speed broadband networks is considered to be a decisive dev...
  4. Ancillarity-Sufficiency Interweaving Strategy (ASIS) for Boosting MCMC Estimation of Stochastic Volatility Models Bayesian inference for stochastic volatility models using MCMC methods highly depends on actual para...
  5. Contagion Effects and Collateralized Credit Value Adjustments for Credit Default Swaps The paper is concerned with counterparty credit risk management for credit default swaps in the pres...

Valoración de los usuarios

No hay ninguna valoración para este recurso.Sea el primero en valorar este recurso.
 

Busque un recurso