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Manufacturing Revolutions: Industrial Policy and Industrialization in South Korea

Lane, Nathan - 2024

I study the impact of industrial policy on industrial development by considering an important episode during the East Asian miracle: South Korea’s heavy and chemical industry (HCI) drive, 1973–1979. Based on newly assembled data, I use the introduction and termination of industrial policies...

Persistent link: https://www.econbiz.de/10015097155

Self-financing environmental mechanisms

Breitscheidel, Jörg; Gersbach, Hans - 2005

We explore the design of self-financing tax/subsidy mechanisms to solve hold-up problems in environmental regulation. Under Cournot competition, announcing the subsidy rate seems to be preferable to announcing the tax rate. Moreover, for constant marginal damage the hold-up problem can always be...

Persistent link: https://www.econbiz.de/10010271818

Benefits of Regulation vs. Competition Where Inequality Is High: The Case of Mobile Telephony in South Africa

Hawthorne, Ryan; Grzybowski, Lukasz - 2019

We test for the distributional effects of regulation and entry in the mobile telecommunications sector in a highly …. Next, we use a demand and supply equilibrium framework to simulate prices and the distribution of welfare without entry and … mobile termination rate regulation. We find that regulation benefits consumers significantly more than entry does, and that …

Persistent link: https://www.econbiz.de/10012052809

Impact of Roaming Regulation on Revenues and Prices of Mobile Operators in the EU

Grzybowski, Lukasz; Munoz-Acevedo, Ángela - 2021

We empirically assess the impact of the EU roaming regulation on mobile operators’ average revenues per user (ARPU) and retail prices. Using a differences-in-difference approach, hedonic price regressions and detailed operator and plan-level data we find that the regulation decreased mobile...

Persistent link: https://www.econbiz.de/10013216252

Benefits of Regulation vs. Competition Where Inequality is High : The Case of Mobile Telephony in South Africa

Hawthorne, Ryan - 2019

Persistent link: https://www.econbiz.de/10012866874

Embedded Supervision : How to Build Regulation into Decentralised Finance

Auer, Raphael A. - 2022

The emergence of so-called “decentralised finance” (DeFi) and a shadow financial system of cryptocurrency exchanges and stablecoin issuers raises the challenge of how to apply technology-neutral regulation so that similar risks are subject to the same rules. This paper makes the case for...

Persistent link: https://www.econbiz.de/10013405970

Merger policy and tax competition

Haufler, Andreas; Schulte, Christian - 2007

In many situations governments have sector-specific tax and regulation policies at their disposal to influence the market outcome after a national or an international merger has taken place. In this paper we study the implications for merger policy when countries non-cooperatively deploy...

Persistent link: https://www.econbiz.de/10010264257

Incentive regulation, investments and technological change

Vogelsang, Ingo - 2010

Based on an idiosyncratic reading of the literature I propose intermediate (rather than tight or soft) regulation for balancing investment incentives with allocative efficiency and competition objectives. Intermediate regulation is compatible with incentive regulation and helps lengthening the...

Persistent link: https://www.econbiz.de/10010266069

The choice of environmental policy instruments: Energy efficiency and redistribution

Haupt, Alexander; Stadejek, Magdalena - 2010

We analyse optimal environmental policies in a market that is vertically differentiated in terms of the energy efficiency of products. Considering energy taxes, subsidies to firms for investment in more eco-friendly products, and product standards, we are particularly interested in how...

Persistent link: https://www.econbiz.de/10010270546

Slot-based approaches to airport congestion management

Brueckner, Jan Keith - 2008

This paper analyzes slot-based approaches to management of airport congestion, using a model where airlines are asymmetric and internalize airport congestion. Under these circumstances, optimal congestion tolls differ across carriers, and since a slot-sale regime (with its uniform slot price)...

Persistent link: https://www.econbiz.de/10010271849