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A central theme of economic sociology has been to highlight the complexity and diversity of real-world markets, but many network models of economic social structure ignore this feature and rely instead on stylized one-dimensional characterizations. Here, we return to the basic insight of...
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In recent years, a number of studies have shown that institutions are crucial to economic development. This literature has highlighted a relationship between the quality of the macro-institutional environment and the performance of reform policies conducted in some key sectors of the economy....
Persistent link: https://www.econbiz.de/10015215332
The Averch-Johnson hypothesis of over-capitalisation is tested, in this work, using Bell Canada data from the 1952-76 period. The cost minimization conditions are checked by using a Cobb-Douglas production function, with an optional index of technology, while the 1952-76 data sample has been...
Persistent link: https://www.econbiz.de/10015224871
The Averch-Johnson hypothesis of over-capitalisation is tested, in this work, using Bell Canada data from the 1952-76 period. The cost minimization conditions are checked by using a Cobb-Douglas production function, with an optional index of technology, while the 1952-76 data sample has been...
Persistent link: https://www.econbiz.de/10015226483
this with the experiences of our European neighbours. This paper discusses: • the relationship between competition and …
Persistent link: https://www.econbiz.de/10015262225
The paper focuses on the links between telecommunication networks and local development, emphasizing on the peculiar case of Metropolitan Area Networks (MAN). From tools of network economics, the paper studies the market dynamics of telecommunication networks and the infrastructure diffusion...
Persistent link: https://www.econbiz.de/10005546444