Employment Protection and Product Market Competition

نویسنده

  • Sebastian Kessing
چکیده

A firm facing employment protection will defend its market position more fiercely than a firm operating without such restrictions. However, ex ante it will be more reluctant to expand its market position. For the benchmark case of contest competition, the defensive effect dominates. A firm facing employment protection has a stronger average market position. JEL classification: D44, J63

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تاریخ انتشار 2002