nep-tid New Economics Papers
on Technology and Industrial Dynamics
Issue of 2005‒09‒17
three papers chosen by
Roberto Fontana
Universita Bocconi

  1. DISTANCE, BANK HETEROGENEITY AND ENTRY IN LOCAL BANKING MARKETS By Felici Roberto; Pagnini Marcello
  2. A Reflection of the Indian Women in Entrepreneurial World By Kollan Bharti; Parikh Indira J
  3. Declining Volatility in the U.S. Automobile Industry By Valerie A. Ramey; Daniel J. Vine

  1. By: Felici Roberto (BOLOGNA); Pagnini Marcello (BOLOGNA)
    Abstract: We examine the determinants of entry into Italian local banking markets during the period 1991-2002 and build a simple model in which the probability of branching in a new market depends on the features of both the local market and the potential entrant. Our econometric findings show that, all else being equal, banks are more likely to expand into those markets that are closest to their pre-entry locations. We also find that large banks are more able to cope with distance-related entry costs than small banks. Finally, we show that banks have become increasingly able to open branches in distant markets, probably due to the advent of information and communication technologies.
    Keywords: entry, barriers to entry, local banking markets, geographical distance.
    JEL: G21 L13 L22 R30
    Date: 2005–06
    URL: http://d.repec.org/n?u=RePEc:bdi:wptemi:td_557_05&r=tid
  2. By: Kollan Bharti; Parikh Indira J
    Abstract: Entrepreneurship amongst women has been a recent concern. Women have become aware of their existence their rights and their work situation. However, women of the middle class are not too eager to alter their role in fear of social backlash. The progress is more visible among upper class families in urban cities. This paper focuses on Women entrepreneur. Any understanding of Indian women, of their identity, and especially of their role taking and breaking new paths, will be incomplete without a walk down the corridors of Indian history where women have paused, lived and internalized various role models. Some have taken entrepreneurship roles where some have opted for employment, some in entertainment field and some for leadership roles while millions of others have taken the role of ideal stereotyped social roles. The paper slides from the era of fifties to the 21st centuries and how transformation has occurred in the women roles. Also the paper talks about the status of women entrepreneurs and the problems faced by them when they ventured out to carve their own niche in the competitive world of business environment.
    Date: 2005–08–26
    URL: http://d.repec.org/n?u=RePEc:iim:iimawp:2005-08-07&r=tid
  3. By: Valerie A. Ramey; Daniel J. Vine
    Abstract: This paper documents the dramatic changes in volatility that occurred in the U.S. auto industry in the early 1980s. Namely, output volatility declined significantly, the covariance of inventory investment and sales became much more negative, and adjustments to output, which in earlier decades stemmed primarily from plants hiring and laying off workers, were more often accomplished with changes in average hours per worker after the mid 1980s. Building on the work of Blanchard (1983), we show how all of these changes could have stemmed from one underlying factor—a decline in the persistence of motor vehicle sales. We use both industry-level data as well as micro data on production schedules from 103 assembly plants in the United States and Canada to document the developments in the early 1980s. We then use the original Holt, Modigliani, Muth and Simon (1960) linear quadratic inventory model to show how a decline in the persistence of sales leads to all of the changes noted above, including the propensity to use intensive margins of adjustment over extensive labor margins, even in the absence of technological change.
    JEL: E2
    Date: 2005–09
    URL: http://d.repec.org/n?u=RePEc:nbr:nberwo:11596&r=tid

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