Abstract I examine whether competition from domestic industry rivals affects firms’ proclivity to undertake foreign direct investment (FDI) and their country location choices. find that production decisions the geography of international investments. While firms enduring stiffer are significantly less likely FDI, this effect is heterogeneous across firms. Competition deters FDI more strongly wh...

This study examines the impact of product market competition on a firm’s investment in organization capital using sample Korean, listed firms during 2001–2020. As high provides with incentives to build competitive advantages and increase productivity, we hypothesize that increases drive invest capital. We found positive relationship between also such is more pronounced for high-tech industry fi...

Abstract This paper documents a link between bank concentration and markups in nonfinancial sectors. We exploit concentration-increasing mergers variation banks’ market shares across industries show that higher credit is associated with high-market-share lenders charge lower loan rates. argue this due to the greater incidence of competing firms sharing common induce less aggressive product beha...

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 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 bargaining regime is crucial for the effect of product market com...