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R&D, Patenting and Market Regulation: Evidence from EU Electricity industry
Cambini, Carlo; Caviggioli, Federico; Scellato, Giuseppe - Istituto di Economia e Politica dell'Energia e … - 2015
In this paper we study the effects of the changes in the level of product market regulation on the industry …&D budgets and EPO patent applications from IEA and Eurostat Databases and indexes of market regulation conditions from OECD, in … of market regulation intensity is based on the aggregation of three factors that capture respectively entry barriers …
Persistent link: https://www.econbiz.de/10011148658
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Efficiency effects of "privatization" in Argentina's water and sanitation services
Estache, Antonio; Trujillo, Lourdes - Solvay Brussels School of Economics and Management, … - 2003
This paper provides a "back-of-the-envelope" assessment of the efficiency effects of the reforms of the water sector in Argentina. Private operators are now key players in 15 of Argentina's provinces. While all have adopted incentive based regulatory regimes which require estimates of economic...
Persistent link: https://www.econbiz.de/10011011400
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"Telecommunications Reform, Access Regulation, and Internet Adoption in Latin America."
Estache, Antonio; Manacorda, Marco; Valletti, Tommaso M. - In: ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN … (2002)
of the reform agenda in telecommunications regulation could accelerate adoption of the Internet in Latin America … determinants of growth in Internet connections and use). Regulation will work by cutting costs. Cost cutting will require that …
Persistent link: https://www.econbiz.de/10009021323
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Investment and capital structure of partially private regulated firms
Cambini, Carlo; Spiegel, Yossi - C.E.P.R. Discussion Papers - 2011
We develop a model that examines the capital structure and investment decisions of regulated firms in a setting that incorporates two key institutional features of the public utilities sector in many countries: firms are partially owned by the state and regulators are not necessarily...
Persistent link: https://www.econbiz.de/10009209829
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Assessing the Impact of Mali's Water Privatization across Stakeholders
Estache, Antonio; Griffel-Tatjé, Emili - European Centre for Advanced Research in Economics and … - 2011
This paper offers a quantitative evaluation of the distribution of the welfare of a water privatization experience in Mali among the key economic agents. The assessment is based on an index number inspired by Bennet (1920). The main results are as follows. First, taxpayers are the main losers as...
Persistent link: https://www.econbiz.de/10009322853
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What Anti-Corruption Policy Can Learn from Theories of Sector Regulation
Estache, Antonio; Wren-Lewis, Liam - C.E.P.R. Discussion Papers - 2010
This paper reviews the theories of corruption in regulated sectors to further understand the impact of corruption and the ways in which it can be reduced. The aim is to draw out the policy implications of the different theoretical approaches and to examine the support that can be garnered for...
Persistent link: https://www.econbiz.de/10008683530
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Assessing the impact of Mali's water privatization across stakeholders
Estache, Antonio; Grifell-Tatjé, Emili - European Centre for Advanced Research in Economics and … - 2010
This paper offers a quantitative evaluation of the distribution of the welfare of a water privatization experience in Mali among labor, investors,intermediate input providers, users and taxpayers. The assessment is based on an index number inspired by Bennet (1920). We find four main impacts....
Persistent link: https://www.econbiz.de/10008752643
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The limits to competition in urban bus services in developing countries
Estache, Antonio; Gómez-Lobo, Andrés - Departamento de Economía, Facultad de Economía y Negocios - 2003
This paper makes the case for the return of regulation in the organization of urban bus services in developing …
Persistent link: https://www.econbiz.de/10010614956
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Technology investment and alternative regulatory regimes with demand uncertainty
Cambini, Carlo; Silvestri, Virginia - In: Information Economics and Policy 24 (2012) 3, pp. 212-230
structures. The investment return in terms of demand increase is uncertain. We compare the impact of different access regulation … regimes – full regulation, partial regulation (only the copper network is regulated), risk sharing – on investment incentives …
Persistent link: https://www.econbiz.de/10010595118
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Technology Investment and Alternative Regulatory Regimes with Demand Uncertainty
Cambini, Carlo; Silvestri, Virginia - Robert Schuman Centre for Advanced Studies (RSCAS), … - 2012
price regulation regimes - full regulation, partial regulation (only the copper network is regulated), risk sharing - on … partial regulation and exclusion does not necessarily happen in equilibrium even if the incumbent has more ability than the …
Persistent link: https://www.econbiz.de/10010555872