Showing 1 - 10 of 286
This paper examines the impact of regulatory intervention to cut termination rates of calls from fixed lines to mobile phones. Under quite general conditions of competition, theory suggests that lower termination charges will result in higher prices for mobile subscribers, a phenomenon known as...
Persistent link: https://www.econbiz.de/10008502574
Local merchant guilds were ubiquitous in medieval Europe, and their development was inextricably linked with the development of towns and the rise of the merchant class. We develop a theory of the emergence of local merchant guilds as an efficient mechanism to implement collusion among merchants...
Persistent link: https://www.econbiz.de/10004976786
The incidence of taxation and the design of an optimal tax system have been extensively discussed in the public finance literature but mainly within a competitive market setting or within a homogenous good (Cournot type) oligopoly. In a differentiated product oligopoly, the effect of taxation...
Persistent link: https://www.econbiz.de/10005504481
productivity in the generation segment of the industry. Controlling explicitly for sources of price-heterogeneity across firms and …
Persistent link: https://www.econbiz.de/10009385757
productivity of manufacturing industries relying on services inputs. The results, based on firm-level data from the Czech Republic …
Persistent link: https://www.econbiz.de/10005792056
services. The link between these reforms and the productivity of manufacturing firms is examined using panel data for about 4 … significant positive effects on the productivity of manufacturing firms. Services reforms benefited both foreign and locally … index of services liberalization resulted in a productivity increase of 11.7 percent for domestic firms and 13.2 percent for …
Persistent link: https://www.econbiz.de/10008642887
The paper analyses the revenue-raising, distributional and incentive effects of the personal tax system in Hungary from …
Persistent link: https://www.econbiz.de/10005789193
We study the role of productivity and corporate taxation as driving forces of FDI among OECD countries in the presence …, suggest that there are marked differences in the sensitivity of FDI flows from the U.S. to productivity and taxes in OECD … FDI flows among 18 OECD countries over the period 1987 to 2003.The sensitivity of these flows to productivity in the U …
Persistent link: https://www.econbiz.de/10005114202
This paper studies the impact that capital market imperfections have on the natural selection of the most efficient firms by estimating the effect of the pre-deregulation level of leverage on the survival of trucking firms after the Carter deregulation. Highly leveraged carriers are less likely...
Persistent link: https://www.econbiz.de/10005504576
In the past four years, and under pressure from the EC authorities, most constraints on air transport prices in the European Community have been removed. This paper concentrates on the effects of increased competition on fare behaviour. It uses an unpublished 1990 dataset on eight fare...
Persistent link: https://www.econbiz.de/10005661899