Showing 1 - 10 of 31,013
We examine the extent to which regulations of entry and credit access are related to competition using data on 28 … competition, as proxied by the price-cost margin, in the industries with a naturally high entry rate. Rigid entry regulations are … manufacturing sectors across 64 countries. A robust finding is that bureaucratic and costly entry regulations tend to hamper …
Persistent link: https://www.econbiz.de/10012918554
We assembled a large panel of project-level technical and financial data and country-level economic, institutional, political, and governance variables to assess the determinants of private financing of infrastructure in emerging markets and developing economies. Controlling for economic...
Persistent link: https://www.econbiz.de/10012454088
has developed within both disciplines with respect to regulation – for an analysis of the credit rating industry …
Persistent link: https://www.econbiz.de/10012996708
industry-wide competition and consumer welfare are antitrust law and regulation. This is no less true in the professional … such contracts have on competition and overall consumer welfare. The two legal mechanisms that traditionally protect … sports and telecast industries. The collision of these two industries has resulted in a labyrinth of regulation and, arguably …
Persistent link: https://www.econbiz.de/10014158283
We develop a model of inter-temporal and intra-temporal price discrimination by airlines to study the ability of different discriminatory mechanisms to remove sources of inefficiency and the associated distributional implications. To estimate the model's multi-dimensional distribution of...
Persistent link: https://www.econbiz.de/10012907654
competition. The European Commission, in trying to improve the wholesale roaming market, caused the introduction of a system of … non-discriminatory prices that were not subject to competition but instead to low levels of price transparency and with … partners, demonstrating little evidence of competition. Analyses of the wholesale markets by national regulators revealed …
Persistent link: https://www.econbiz.de/10013094663
markets and the network effects of the Internet, which could lead to strategic actions in Internet interconnection agreements …. By separating the analysis of the cost characteristics of the network elements making up the Internet from the issue of …
Persistent link: https://www.econbiz.de/10013066125
I develop a framework of the buildup and outbreak of financial crises in an asymmetric information setting. In equilibrium, two distinct economic states arise endogenously: "normal times", periods of modest investment, and "booms", periods of expansionary investment. Normal times occur when the...
Persistent link: https://www.econbiz.de/10011880642
The future of Germanys electricity regulation is still an open question. This paper deals with alternative …
Persistent link: https://www.econbiz.de/10011475164
Persistent link: https://www.econbiz.de/10001459328