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Poland’s productivity has grown strongly over the past decade, and efforts to reduce the regulatory burden have been significant. Despite impressive progress, product market regulation remains more burdensome than in most OECD countries, partly due to the importance of red tape and the level...
Persistent link: https://www.econbiz.de/10011276785
Investment in network infrastructure – the energy, water, transport and telecommunication networks – which performs a … better. While the paper shows that investment in the network industries has had a positive effect over and above the addition … to the capital stock, there is evidence that investment in the past has sometimes been misallocated. This paper …
Persistent link: https://www.econbiz.de/10005045612
This paper finds that coherent regulatory policies can boost investment in network industries of OECD economies. Rate … changed investment in network industries. According to the theoretical literature, regulatory uncertainty exposes both types …-of-return regulation because investment decisions (what can be included in the rate base) are usually evaluated in a discretionary manner …
Persistent link: https://www.econbiz.de/10005045832
Investment in network infrastructure can boost long-term economic growth in OECD countries. Moreover, infrastructure … investment can have a positive effect on growth that goes beyond the effect of the capital stock because of economies of scale … from a variety of econometric approaches. Time-series results reveal a positive impact of infrastructure investment on …
Persistent link: https://www.econbiz.de/10005046058