Showing 1 - 10 of 18
We analyze the concentration of FDI in India at the district level, based on project-specific location choices since the reform program in the early 1990s. The decomposition property of the Theil index allows us to trace changes over time in the overall concentration of FDI to changes in...
Persistent link: https://www.econbiz.de/10010317352
In this paper we consider the impact of vertical integration on a retailer's choices of product variety and specific, brand-supporting investment. In an incomplete contract environment, vertical merger encourages investment in integrated supply, and foreclosure of non-integrated manufacturers....
Persistent link: https://www.econbiz.de/10010265279
Persistent link: https://www.econbiz.de/10010265311
Since the 1980s, the European Community has become an engine for liberalization and re-regulation in the network industries of the transport, energy and telecommunications industries. This paper describes major lines of reform in European infrastructure and regulation policy. Both, changes in...
Persistent link: https://www.econbiz.de/10010265360
This paper starts by analyzing the consequences that technical and economic charactcristics of network industries have for the relationship between competition and regulation in these industries. A discussion of alternative regulatory rules shows that normative regulatory economics does not...
Persistent link: https://www.econbiz.de/10010265429
The paper starts with a description of major reforms of EU policy in the network industries. Based on the normative economics of regulation, it then points out generic information and transaction cost problems of regulatory policy making. An appropriate allocation of regulatory competencies may...
Persistent link: https://www.econbiz.de/10010265451
Although it is well known that Markov process theory, frequently applied in the literature on income convergence, imposes some very restrictive assumptions upon the data generating process, these assumptions have generally been taken for granted so far. The present paper proposes, resp. recalls...
Persistent link: https://www.econbiz.de/10010265521
This paper solves one of the puzzles in the analysis of regional and industrial distributions of economic activity, the discrepancy between absolute and relative measures. It shows that the difference between an absolute and a relative Theil index of localization can be expressed in terms of...
Persistent link: https://www.econbiz.de/10010272103
The paper extends the methodological toolbox of measures of industrial concentration and regional specialization. First, a taxonomy is proposed which gives rise to a modular construction system for disproportionality measures based on three characteristic features: the projection function, the...
Persistent link: https://www.econbiz.de/10010273094
Over the past decade the scale of higher education in China has expanded substantially. Regional development policies attempted to make use of the scale expansion as a tool to reduce the inequality of higher education among different regions with different development levels through providing...
Persistent link: https://www.econbiz.de/10010274438