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Matches in SemOpenAlex for { <https://semopenalex.org/work/W1963019843> ?p ?o ?g. }

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• W1963019843 startingPage "169" @default.
• W1963019843 abstract "We document that contrary to the conventional view, the costs of domestic firms in terms of selling, general and administrative expenses and cost of goods sold increase significantly following exogenous shocks that increase competition, namely material import tariff cuts affecting US manufacturing industries over the period 1974–2005. Incompatible with an agency explanation, the cost increase is more pronounced among firms with higher CEO/insider/board ownership. We further find that the cost increase is more evident among firms with smaller market share and among focused firms. Generally, our results are consistent with the notion of ‘dissipative competition’ discussed in the seminal papers by Tullock." @default.
• W1963019843 created "2016-06-24" @default.
• W1963019843 creator A5034548460 @default.
• W1963019843 creator A5062371304 @default.
• W1963019843 date "2015-04-28" @default.
• W1963019843 modified "2023-09-27" @default.
• W1963019843 title "Dissipative Competition: Evidence from a Quasi-Natural Experiment" @default.
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• W1963019843 doi "https://doi.org/10.1111/irfi.12050" @default.
• W1963019843 hasPublicationYear "2015" @default.
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