In this paper we present an international cross-country benchmarking analysis for utility regulation of France and …

market economies. The primary focus of the study is on competition and market structure, finance and the structure of lending … interpretation of the evidence on competition is that there is an initial move by firms into niches to exploit local market power …

This paper analyzes a modified yardstick competition mechanism (MYC), where the yardstick employed consists of a tariff … costs and output of all firms. The modified yardstick competition mechanism can ensure a socially optimal outcome when … introduce regulatory lags in the model. A systematic comparison between the results of traditional yardstick regulation and …

obstacles to innovation primarily in the non-financial sphere, namely the supply of skilled personnel, market regulation and … competition conditions. Therefore, future work on innovation policies for SMEs should put greater emphasis on the non …

empirical analysis of the new regulation's fiscal effects. Unlike studies before, we do not only consider marginal tax rates but …