Showing 1 - 10 of 462
This paper evaluates the effects of liberalizing access to the space sector, as currently envisaged by the EC Commission. We undertake an econometric evaluation of the degree of scale economies in satellite operations and calibrate a Cournot model of competition in which the effect of...
Persistent link: https://www.econbiz.de/10005504256
We assess the influence of competition and capital regulation on the stability of the banking system. We particularly … ask two questions: i) how does capital regulation affect (endogenous) entry; and ii) how do (exogenous) changes in the … competitive environment affect bank monitoring choices and the effectiveness of capital regulation? Our approach deviates from the …
Persistent link: https://www.econbiz.de/10005666421
This Paper studies empirically the effects of European antidumping actions on import diversion from importers ‘named’ in an antidumping investigation, and potentially subject to protectionist measures, to countries ‘not named’ in the investigation. For this purpose we use a unique data...
Persistent link: https://www.econbiz.de/10005123606
This paper develops a model of successive oligopolies with endogenous market entry, allowing for varying degrees of product differentiation and entry costs in both markets. Our analysis shows that the downstream conditions dominate the overall profitability of the two-tier structure while the...
Persistent link: https://www.econbiz.de/10005114429
television regulation in light of these developments. It surveys the dismal empirical record on the effects of price regulation …
Persistent link: https://www.econbiz.de/10011084592
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10009367427
We present new data on the regulation of entry of start-up firms in 85 countries. The data covers the number of … are extremely high in most countries. Countries with heavier regulation of entry have higher corruption and larger … have lighter regulation of entry. The evidence is inconsistent with public interest theories of regulation, but supports …
Persistent link: https://www.econbiz.de/10005661441
This paper investigates how enforcement of labour regulation affects the firm's use of informal labour, firm size and … level, and administrative data on enforcement of regulation at the city level, we show that in areas where law enforcement …
Persistent link: https://www.econbiz.de/10005661940
Using a comprehensive database of firms in Western and Eastern Europe, we study how the business environment in a country drives the creation of new firms. Our focus is on regulations governing entry. We find entry regulations hamper entry, especially in industries that naturally should have...
Persistent link: https://www.econbiz.de/10005662269
health. The results support public choice theory of the nature of regulation and are inconsistent with the predictions of … exogenous variation in regulation generated by the interaction of reform and its institutional determinants, we find a … public interest theory. …
Persistent link: https://www.econbiz.de/10005667109