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Privatization and Regulatory Reform in Brazil: The Case of Freight Railways

Estache, Antonio; Goldstein, Andrea; Pittman, Russell - EconWPA - 2001

A variety of proposals for creating more competition within the railroad sector and in the broader freight transport sector are under consideration in countries throughout the world. Brazil, though something of a latecomer to wider infrastructure reform, has recently taken large steps in...

Persistent link: https://www.econbiz.de/10005556074

Ownership Concentration and Restructuring in Czech Manufacturing Sector

Vychodil, Ondrej - EconWPA - 2005

manufacturing sector after privatization. It starts with the argumentation that the most important actors in the post-privatization … ownership structure in the Czech Republic were investment privatization funds, followed by the state, and that the ‘rules of the … leads to the hypothesis that the concentration-restructuring function in the post- privatization Czech environment is …

Persistent link: https://www.econbiz.de/10005077013

Ownership, Control and Corporate Performance after Large-Scale Privatization

Hanousek, Jan; Kocenda, Evzen; Svejnar, Jan - EconWPA - 2004

-scale privatization economy. Using specifications based on first-differences and unique instrumental variables, we find that few types of … private ownership improve dynamic post-privatization performance. Concentrated foreign (but not domestic) ownership improves …

Persistent link: https://www.econbiz.de/10005135012

The Fall in British Electricity Prices: Market Rules, Market Structure, or Both?

Fabra, Natalia; Toro, Juan - EconWPA - 2003

In this paper we investigate the factors contributing to the fall in the Lerner Index (price-cost margin) in the British electricity market during the 90s. A first stage of our analysis models the number of breaks in the Lerner Index and their dating as unknowns. Our results suggest the...

Persistent link: https://www.econbiz.de/10005412900

Standards, Regulatory Reform and Development in APEC: Case Studies of Vietnam and Thailand

McCarty, Adam - EconWPA - 2001

This paper assesses the challenges confronting developing countries in APEC in their reform and modernisation of standards systems and related infrastructure. Vietnam and Thailand are examined as case studies. In both cases the move to internationalise standards and the quality of services...

Persistent link: https://www.econbiz.de/10005062624

Designing Electricity Auctions

Fabra, Natalia; Fehr, Nils-Henrik von der; Harbord, David - EconWPA - 2002

Motivated by the new auction format introduced in the England and Wales electricity market, as well as the recent debate in California, we characterize bidding behavior and market outcomes in uniform and discriminatory electricity auctions. We find that uniform auctions result in higher average...

Persistent link: https://www.econbiz.de/10005135073

To B or Not To B: A Welfare Analysis of Breaking Up Monopolies in an Endogenous Growth Model

Xie, Danyang - EconWPA - 2002

This paper studies the welfare consequences of a government regulation that forces a patented equipment to be supplied by a number of independent producers. On the one hand, such a regulation hurts the value of a patent and therefore reduces activities in the R&D sector. On the other hand, the...

Persistent link: https://www.econbiz.de/10005408261

Integrating Competition Policy and Innovation Policy: The Case of R&D Cooperation

Graevenitz, Georg von - EconWPA - 2005

This paper considers the integration of competition policy and innovation policy in the context of R&D cooperation. An explicit comparison of the welfare losses under ex-ante and ex-post R&D cooperation reveals differing incentives to undertake R&D in both regimes. The strength of these...

Persistent link: https://www.econbiz.de/10005412898

Competition and regulation in European retail payment systems

Kemppainen, Kari - EconWPA - 2004

In this study, the interaction between the competition-cooperation nexus and regulation in retail payment systems is analysed by applying the main lessons from the theory of network industries. This is justifiable on the grounds that the payment systems industry inherently has many...

Persistent link: https://www.econbiz.de/10005413262

Competitive disadvantage through non-existing software patents

Weiss, Pia - EconWPA - 2004

In a model of sequential patent races, it is examined whether or not introducing a patent law in the home country is beneficial to the firms and the society as a whole given the foreign country already offers patent protection. Before the first patent race starts, the firms and the foreign...

Persistent link: https://www.econbiz.de/10005062435