Showing 1 - 10 of 115
to invest compared to autarky. The investment levels remain inefficient though. With generation facilities over-investment … occurs sometimes, while systematic under-investment occurs for transportation facilities. Free-riding reduces the incentives … investment. …
Persistent link: https://www.econbiz.de/10010556079
Will telecommunications policy in the form of industry-specific regulation go away? A literature review of the five …) universal service suggests that in some of them a move to competition policy will soon be the efficient state of the art, while … regulation will remain efficient in others for some time. In particular, some regulation should persist for net neutrality in the …
Persistent link: https://www.econbiz.de/10010877751
telecommunications policies in the U.S. and EU? Based on a survey of the relevant U.S. and EU related economics literature the current …
Persistent link: https://www.econbiz.de/10010781547
The paper studies the impact of government budget constraint in a pure adverse selection problem of monopoly regulation …. The government maximizes total surplus but incurs some cost of public funds. An alternative to regulation is proposed in …-post with the private firms. This ex-post contracting set-up allows more flexibility than traditional regulation where …
Persistent link: https://www.econbiz.de/10005765762
competition on investment: competition seemingly helps stimulating investment in the most developed areas, but has probably no …
Persistent link: https://www.econbiz.de/10008833905
This paper investigates telecommunication operator investment in broadband infrastructure after local deregulation of …-difference estimates show that local deregulation increases local investment in infrastructure by both the incumbent and competitors. …
Persistent link: https://www.econbiz.de/10010877989
The paper aims at empirically investigating the relationship between regulation and the capital structure of the … as a response to previous physical capital investment with an ultimate goal of inducing higher rates. Theoretical models …) and gross investment (INV) in physical capital. The evidence accruing from a dynamic panel data estimation indicates an …
Persistent link: https://www.econbiz.de/10004979410
We consider environmental regulation in a context where firms invest in abatement technology under conditions of … investment subsidy. We compare the properties of the two potential supplements to the emissions tax. …
Persistent link: https://www.econbiz.de/10010877925
This study investigates hospitals’ dynamic incentives to select patients when hospitals are remunerated according to a prospective payment system of the DRG type. Given that prices typically reflect past average costs, we use a discrete-time dynamic framework. Patients differ in severity...
Persistent link: https://www.econbiz.de/10010948817
I present the following proposal: information revealed during non-cartel investigations by competition law enforcement …
Persistent link: https://www.econbiz.de/10009147742