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Delegation is a key feature of political decision making: Mayors or prime ministers delegate to subordinates, voters delegate to elected representatives. We analyze the effect of political delegation on public service provision and the choice between private or public providers when contracts...
Persistent link: https://www.econbiz.de/10010574328
Adequate and well-functioning infrastructure is a key ingredient to growth and well-being. The benefits to activity of efficient spending in energy, water, transport and communication sectors go well beyond their contribution to capital accumulation. Good infrastructure facilitates trade,...
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. Considering the different regulatory regimes no one seems superior to the others. The limitation of the rate of return and price …
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La croissance économique française sur la dernière décade s'est avérée insuffisante pour résorber un taux de chômage élevé et persistant. Les études et comparaisons internationales disponibles suggèrent qu'un renforcement du degré de concurrence permettrait d'améliorer...
Persistent link: https://www.econbiz.de/10012441999
Empirical work shows that competition is important for promoting economic growth. However, in Japan the promotion of competition has long been compromised by ministerial guidance and exemptions from the competition law. Thus, the level and growth of productivity have been low in many...
Persistent link: https://www.econbiz.de/10012444046
Norwegian growth has been strong over the past decade. This development has been supported by the off-shore sector, but depleting oil reserves implies that growth will have to rely increasingly on the mainland economy. Empirical work shows that competition is important for promoting economic...
Persistent link: https://www.econbiz.de/10012444401
Over the past decade, French economic growth has been insufficient to bring down high and persistent unemployment. Available cross-country evidence suggests that enhancing competition is an important means to improve economic performance. France is catching up with best practice in competition...
Persistent link: https://www.econbiz.de/10012445441