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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

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

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

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

Impact of competition policy reforms on rural and regional Australia

Commission, Productivity - EconWPA - 2001

On 28 August 1998 the Treasurer referred the impact of competition policy reforms on rural an regional Australia for inquiry and report within 12 months of receiving the reference. The Commission is to assess the impact (both transitional and ongoing) of the competition policy and related...

Persistent link: https://www.econbiz.de/10005118925

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

Do European computer-related patents increase welfare?

Weiss, Pia - EconWPA - 2004

When the home country introduces a patent law after the winner of the patent race is known the country's welfare may rise only if the domestic firm wins. If the home country decides before the patent race ends, the welfare may be increased when the probability that the domestic firm wins is...

Persistent link: https://www.econbiz.de/10005556017

Stochastic Market Sharing, Partial Communication and Collusion

Gerlach, Heiko - EconWPA - 2005

This paper analyzes the role of communication between firms in an infinitely repeated Bertrand game in which firms receive an imperfect private signal of a common value i.i.d. demand shock. It is shown that firms can use stochastic, inter-temporal market sharing as a perfect substitute for...

Persistent link: https://www.econbiz.de/10005561404