This paper investigates the impact of services sector liberalization on product innovation of downstream manufacturing firms. Leveraging firm-product panel data from India and employing a shift-share research design, I find that services liberalization significantly increases firms’ product...

Business power is thought to increase over time when private actors are involved in the provision of public goods and services. This paper argues that this is partially true-and that in certain circumstances, state actors can even swiftly regain control of sectors previously ceded to private...

This study investigates how credit to firms responds to an energy price shock by comparing the credit growth of similar firms with different energy intensities before and after the shock triggered by the Russian invasion of Ukraine. Credit growth of energy-intensive firms declined by 8.75...

Over the last century, the United States has witnessed three approaches to achieving better regulatory outcomes: the removal of "economic" regulations in certain sectors; regulatory impact analysis (RIA) of new "social" regulations; and retrospective analysis of existing regulations. This...

How does electricity market integration affect cross-border electricity flows, wholesale prices and renewable electricity generation? We employ a synthetic control method to contribute to literature on electricity market integration using the 2018 integration of Ireland's Single Electricity...