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Reforms in Selected EU Network Industries

Martin, Reiner; Roma, Moreno; Vansteenkiste, Isabel - 2021

In the course of the 1990s, the EU has embarked on an ambitious regulatory reform programme for a number of European network industries, such as telecommunications, energy and transport. This paper analyses the potential benefits of successful reforms in these sectors with a focus on the price...

Persistent link: https://www.econbiz.de/10013318443

Reforms and Productivity Dynamics in Chinese State-Owned Enterprises

McGoldrick, Peter; Walsh, Patrick Paul - 2021

Institutional change has taken place gradually since 1978 for State-Owned Enterprises (SOEs) in the Industrial Sector of China. In this paper we estimate the effect of deep reform (the right to hire and fire labour, buy and sell capital and operate on international markets) on the productivity...

Persistent link: https://www.econbiz.de/10013319170

Labour and Product Market Reforms : A Case for Policy Complementarity

Amable, Bruno; Gatti, Donatella - 2021

This paper is a contribution to the debate on policy complementarity in relation to deregulation in the product and labour markets. We develop a model of dynamic efficiency wages and monopolistic competition. Whereas most of the literature points toward the gains associated to an increase in...

Persistent link: https://www.econbiz.de/10013319187

Economic and Political Liberalizations

Giavazzi, Francesco; Tabellini, Guido Enrico - 2021

This paper studies empirically the effects of and the interactions amongst economic and political liberalizations. Economic liberalizations are measured by a widely used indicator that captures the scope of the market in the economy, and in particular of policies towards freer international...

Persistent link: https://www.econbiz.de/10013319191

Privatisation of Network Industries in Germany : A Disaggregated Approach

Knieps, Günter - 2021

an adequate regulation of access to the non-competitive infrastructures (monopolistic bottlenecks) is necessary in order …

Persistent link: https://www.econbiz.de/10013319263

Privatisation Policy in Spain : Stuck between Liberalisation and the Protection of Nationals' Interests

Arocena, Pablo - 2021

This paper carries out an overview of the recent history of privatisation in Spain. At this point, the paper focuses on the analysis of the economic, financial and political objectives pursued by successive Spanish Administrations. It is argued that privatisation policy has been inconsistent...

Persistent link: https://www.econbiz.de/10013319272

Network Utilities in the U.S. - Sector Reforms Without Privatization

Vogelsang, Ingo - 2021

U.S. network industry reforms led other countries in the past, but have recently run into difficulties in specific areas. In particular, the U.S. telecommunications sector was hit by a deep crisis and electricity reforms suffered under the California disaster. Part of the explanation for these...

Persistent link: https://www.econbiz.de/10013319434

Privatising Network Industries

Newbery, David M. G. - 2021

Successful network utility privatisation requires incentive-based regulation that allows investment to be adequately …

Persistent link: https://www.econbiz.de/10013319459

Economic Reforms and Productivity-Enhancing Reallocation in the Post-Soviet Transition

Brown, J. David; Earle, John S. - 2021

How do economic reforms affect resource reallocation processes and their contributions to productivity growth? This paper studies the consequences of enterprise privatization and liberalization of product markets, labor markets, and imports in the former Soviet Republics of Russia and Ukraine....

Persistent link: https://www.econbiz.de/10013319543

Product Market Deregulation and Labor Market Outcomes

Ebell, Monique; Häfke, Christian - 2021

scrutiny. This paper considers the dynamic relationship between product market entry regulation and equilibrium unemployment … regimes: a high-regulation European regime and a low-regulation Anglo-American one. Our analysis suggests that no more than … half a percentage point of European unemployment rates can be attributed to the regulation of entry …

Persistent link: https://www.econbiz.de/10013319596