Corporate Governance and the Timeliness of Change:

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This Discussion Paper was prepared under DG ECFIN’s 2014-2015 Fellowship Initiative “Growth, integration and structural convergence revisited”. The results also show that mark-ups in most EU countries and sectors have been declining over the last 15 years as a result of competition-friendly reforms. Experiments are performed with three different SST analyses: (1) a high-resolution 14-km analysis, (2) a medium-resolution 275-km analysis, and (3) a coarse-resolution 381-km analysis.

Pages: 176

Publisher: Praeger (August 27, 1998)

ISBN: 1567200877

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