Mexico has engaged in many trade agreements that have left unaffected internal competition, being one of the most trade-opened countries in the world is also one of the most restrictive regarding product market competition. For developing countries, this is a field to study that still need to be undertaken. This paper relates informality in the Mexican labor markets outcomes with market competi...

Product Market Regulation and Endogenous Union Formation We contribute to the growing literature which aims to link product market regulation and competition to labor market outcomes, in an attempt to explain the divergent US and continental European labor market performance over the past two decades. The main contributions of this paper are threefold. First, we show that the choice of bargaini...

We use experiments to study the efficiency effects for a market as a whole of adding the possibility of forward contracting to a pre-existing spot market. We deal separately with the cases where spot market competition is in quantities and where it is in supply functions. In both cases we compare the effect of adding a contract market with the introduction of an additional competitor, changing ...

Abstract We study competition for the market in a setting where incumbents (and, to lesser extent, neighbouring incumbents) benefit from cost or information advantage. first compare outcome of staggered and synchronous tenders, before drawing implications design. find timing tenders interrelates with likelihood monopolisation. For high incumbency advantages and/or discount factors, monopolisati...

This study examines the relationship between corporate greenwashing and product market competition (PMC). Using an unbalanced panel of 324 US firms over 2005–2015 period, we find that negative impact PMC on is conditional level environmental costs. Our results suggest effective disciplinary mechanism for achieving economic efficiency – in case featuring a high costs– through increase disclosure...