Showing 1 - 10 of 39
monopolist to study the effects of privatization on steady state levels of income. We allow for public sector inefficiencies … relative inefficiency of public firms and the amount of public investment. Furthermore, the gains from privatization are found … to be strongly related to the balance sheet of the public firm that is privatized. Privatization of public firms which …
Persistent link: https://www.econbiz.de/10005412752
investigates the case of a large privatized firm subject to many policy constraints. The last steps of Telefonica's privatization … documented phenomenon both in this study and in the cross-country literature on privatization; e.g. political ends in … privatization, influence in appointments, golden shares) as the most visible part of such collusion. Liberalization and multi …
Persistent link: https://www.econbiz.de/10005413213
jumped after deregulation, and new types of complaints such as unauthorized switching of service (“slamming”) arose. Failure … existing customer base. Higher prices for low- income consumers: Since deregulation begain in 1990, there has been a marked …
Persistent link: https://www.econbiz.de/10005076594
both traditional cost minimization models and newer models that reflect industry deregulation processes. The oldest …
Persistent link: https://www.econbiz.de/10005125661
The LoopCo Plan, which uses market mechanisms to promote competition, is the best approach to restructuring the telecommunications market, say its proponents, who object to the requirements and to-date implementation of the Telecommunications Act of l996. The local-loop's spin-off 's consumer...
Persistent link: https://www.econbiz.de/10005126025
The paper examines the economic and regulatory factors that led to an explosion in the wholesale power prices, supply shortages, and utility insolvencies in California’s electricity sector. A necessary first step in determining the lessons learned from the California electricity crisis is a...
Persistent link: https://www.econbiz.de/10005126483
The paper examines the economic and regulatory factors that led to an explosion in the wholesale power prices, supply shortages, and utility insolvencies in California’s electricity sector. A necessary first step in determining the lessons learned from the California electricity crisis is a...
Persistent link: https://www.econbiz.de/10005134444
In this paper we attempt to identify the characteristics of banks that are most likely to be at the origin of a banking crisis following a financial liberalization (FL) process. We do this analysis in response to the observed fact that FL processes arse often followed by banking crisis that cost...
Persistent link: https://www.econbiz.de/10005134840
Single-Desk Marketing: Assessing the Economic Arguments identifies the potential benefits and costs and the strengths and weakness of various arguments in favour of current single-desk arrangements. It does not attempt to quantify the costs and benefits of arrangements in any particular industry.
Persistent link: https://www.econbiz.de/10005407820
Efficient broadband technologies such as DSL, fibre, cable modem, powerline communications, UMTS, WLAN or WiMax are powerful locational factors for an economy. Europe in particular should promote broadband communication further to tap into its growth potential. But given the prevailing ownership...
Persistent link: https://www.econbiz.de/10005412897