Price cap regulation uses a formula, set in advance, to determine the price increases for a firm's services for a … federal regulation. It then briefly discusses the lessons of this experience for developing countries. …

to frontier is matched with sector- and country-level data on regulation and firm dynamics (entry and exit rates) of 16 … moderating the impact of regulation on the technology gap. Our study offers a novel perspective and insights to the analysis of … regulation always favours productivity growth and the diffusion of technology, our results provide a more nuanced picture …

credibility of regulation -- for example, by locking in principles through international agreements. And they generate maximum …

profits. While some analysts have suggested annual profit-sharing regulation, the practical problem is that annual profit …

This Note compares the effects of price cap and rate-of-return regulation on the risk borne by regulated utilities. It … present evidence that price cap regulation subjects firms to greater risks and therefore raises their cost of capital. This …

We analyze the Baron and Myerson (1982) model of regulation under the restriction that transfers are infeasible … conditions under which optimal regulation takes the form of price-cap regulation. We establish conditions under which the optimal … these conditions fail. We also provide conditions for the optimality of price-cap regulation when an ex post participation …

also been extensively used as an advanced analytical instrument in the field of incentive regulation. The aim of this paper …

requirement’, a regulation that was introduced in 1986 and that was applied to the international telephone market in the U.S. for …