We analyze the impact of mandatory access on the infrastructure investments of two competing communications networks … regulation if the follower’s private incentives are dominated by business-stealing. Here access holidays can improve welfare by …

the history of financial market regulation. …

exogenous variation in regulation generated by the interaction of reform and its institutional determinants, we find a … health. The results support public choice theory of the nature of regulation and are inconsistent with the predictions of …

We present new data on the regulation of entry of start-up firms in 85 countries. The data covers the number of … are extremely high in most countries. Countries with heavier regulation of entry have higher corruption and larger … have lighter regulation of entry. The evidence is inconsistent with public interest theories of regulation, but supports …

This paper investigates how enforcement of labour regulation affects the firm's use of informal labour, firm size and … level, and administrative data on enforcement of regulation at the city level, we show that in areas where law enforcement …

Governments that levy predatory regulation and provide few weak legal institutions draw businesses into the unofficial …, we find that retail shops face very high levels of predatory regulation and have frequent contacts with private … protection rackets. In addition, we show that higher levels of regulation are associated with weaker legal institutions and a …