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Banking deregulation and innovation
Chava, Sudheer; Oettl, Alexander; Subramanian, Ajay; … - In: Journal of Financial Economics 109 (2013) 3, pp. 759-774
We document empirical support for a key micro-level channel—innovation by young, private firms—through which financial sector deregulation affects economic growth. We find that intrastate banking deregulation, which increased the local market power of banks, decreased the level and risk of...
Persistent link: https://www.econbiz.de/10011039238
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Banking Deregulation and Innovation
Chava, Sudheer - 2015
We document empirical support for a key micro-level channel --- innovation by young, private firms --- through which financial sector deregulation affects economic growth. We find that intrastate banking deregulation, which increased the local market power of banks, decreased the level and risk...
Persistent link: https://www.econbiz.de/10013035909
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Legal Institutions, Innovation and Growth
Anderlini, Luca; Felli, Leonardo; Immordino, Giovanni; … - C.E.P.R. Discussion Papers - 2011
change is needed. The rigid system is preferable at early stages of technological development, when (lack of) commitment …
Persistent link: https://www.econbiz.de/10009148877
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Policies for stronger productivity growth in Latvia
Yashiro, Naomitsu; Klein, Caroline; Rastrigina, Olga; … - 2019
Latvia’s productivity growth is held back by weak innovation and inefficient resource allocation. The shortage of skilled workers which constrains innovation and the adoption of digital technologies must be addressed through further alignment of vocational and tertiary education with labour...
Persistent link: https://www.econbiz.de/10012111112
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Social capital and innovation - can social trust explain the technological innovation of the high-performing East Asian eonomies?
Cho, Seo-Young - 2018
. Shared social norms such as growth primacy and reciprocity and values of accepting competition and performance …
Persistent link: https://www.econbiz.de/10011911855
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Improving productivity in New Zealand's economy
Barker, Andrew - 2017
diminish its access to global markets, the scale and efficiency of domestic businesses, the level of competition, and the … planning and infrastructure provision, enhancing competition and increasing investment in innovation and intangibles. This …
Persistent link: https://www.econbiz.de/10011732737
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Do Product Market Reforms Raise Innovation? Evidence from Micro-data Across 12 Countries
Litina, Anastasia - 2020
12 countries between 1998 and 2012, this paper first estimates the effect of competition policy on innovation. We find …
Persistent link: https://www.econbiz.de/10012849695
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Is It Possible to Have Cheaper Drugs and Preserve the Incentive to Innovate: Reforming the Drug Approval Process According to Market Principles
Sauer, Corinne; Sauer, Robert - Jerusalem Institute for Market Studies (JIMS) - 2005
This paper argues that drugs are expensive not because of a lack of competition among research-based pharmaceutical … companies, but because of a lack of competition in the drug approval process. Lack of competition in the drug approval process …
Persistent link: https://www.econbiz.de/10004995401
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The Radio Spectrum Ladder of Investment to Promote Innovation and Competition in Mobile Markets
Benzoni, Laurent - 2017
How can innovation and competition be sustained in closed tight oligopolistic market structures? This question will be … infrastructure based competition seems behind us. It is time now to re-open the regulatory tool box to renew a service based … competition approach with good incentives for all players: the incumbents with their own mobile infrastructure and potential …
Persistent link: https://www.econbiz.de/10012954728
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Competition at the Grid Edge : Innovation and Antitrust Law in the Electricity Sector
Wara, Michael W. - 2016
The advent of distributed energy technologies, most notably, distributed solar energy, poses a competitive threat to the electric utility industry. Here I provide a comprehensive assessment of the U.S. electric utility industry's regulatory response to this threat over the past three years....
Persistent link: https://www.econbiz.de/10012994462