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efficiency, taking into account the regulatory changes that have affected the European airline industry. We construct and …
Persistent link: https://www.econbiz.de/10005667136
shows that taxpayers are the main losers as subsidies are still needed. There are also serious efficiency-equity trade …
Persistent link: https://www.econbiz.de/10009399719
of unions is more on equity rather than efficiency. …
Persistent link: https://www.econbiz.de/10005124345
cartel pricing, airline prices in Europe might come down more gradually as efficiency increases and market niches are …
Persistent link: https://www.econbiz.de/10005498149
We study the effect of entry on costs and competition in the Portuguese mobile telephony industry. We construct and estimate a model that includes demand, network, and cost equations. The latter accounts for inefficiency and cost reducing effort. We show that failure to account for cost reducing...
Persistent link: https://www.econbiz.de/10005791373
main empirical results indicate that aeronautical charges are lower at airports when single-till regulation is employed …, when airports are privatized, and -- tentatively -- when ex-post price regulation is applied. Furthermore, hub airports … generally set higher aeronautical charges, and it appears that price-cap regulation and the presence of nearby airports do not …
Persistent link: https://www.econbiz.de/10009351519
Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in … efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …
Persistent link: https://www.econbiz.de/10011213309
market economy. It is widely believed that competition has a positive effect on efficiency, but the theoretical and empirical … support is quite scarce. The objective of this paper is to investigate the link between competition and efficiency for the … production functions indicate a gradual improvement in efficiency and a shift from decreasing to increasing returns to scale due …
Persistent link: https://www.econbiz.de/10005136413
industries using firm-level panel data. The technical efficiency of firms is found to vary significantly both within and across … industrial sectors in each country. We find strong evidence of a positive relationship between firm technical efficiency levels … between firm efficiency and size is also found to be positive, suggesting big industrial firms in the former planned economies …
Persistent link: https://www.econbiz.de/10005792075
The paper focuses on labor and product market deregulations, as fundamental elements in the passage from an investment to an innovation-based economy. The approach undertaken is prominently empirical. After a very brief description of the regulatory levels on the two sides of the Atlantic, we...
Persistent link: https://www.econbiz.de/10005792522