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What drives financial crises in emerging markets?
Komulainen, Tuomas; Lukkarila, Johanna - EconWPA - 2003
outflows. Increases in indebtedness followed the liberalisation of capital flows and domestic financial sectors. …
Persistent link: https://www.econbiz.de/10005126411
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Broadband: Europe needs more than DSL
Heng, Stefan - EconWPA - 2005
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
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Political Economy of Electricity Reform: A Case Study in Gujarat, India
Hansen, Christopher Joshi; Bower, John - EconWPA - 2004
In India, the supply of electricity relies heavily on a virtually bankrupt and sometimes corrupt system of state electricity boards (SEBs), which have failed to bring electricity to approximately 40% of rural households. High subsidy levels to agriculture and domestic customers and widespread...
Persistent link: https://www.econbiz.de/10005118875
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Banking Crisis in Japan
Vattipalli, Kashyap - EconWPA - 2004
The Japanese banks played a major role in the economic development of Japan during the post-war period between 1945 and 1973. They financed start-up companies and actively funded their expansion. They were prime financiers since there were restrictions on other options of financing such as...
Persistent link: https://www.econbiz.de/10005119381
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Manufacturing Growth and Liberalisation in India (1960-1999): A Demand Side Analysis
Shastri, Rahul - EconWPA - 2005
The trend in manufacturing has not shifted post-91. Liberalisation shares in the high trend phase in manufacturing …, that was ushered in after 1981, which continued even after 1991. Liberalisation however, seems to have changed the … structure of demand responses of manufacturing output. In contrast to pre-liberalisation years, after 1991, manufacturing growth …
Persistent link: https://www.econbiz.de/10005561421
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Privatizing Profits of Bulgaria's State Enterprises, TRANSITION newsletter about transition economies, The World Bank, Vol. 6, No.3, March 1995.
Bogetic, Zeljko; Hillman, Arye - EconWPA - 2005
The note documents and discusses the modalities and consequences of the phenomenon of siphoning profits of state enterprises for private uses by state enteprise managers and insiders in Bulgaria during the period of early transition.
Persistent link: https://www.econbiz.de/10005076580
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Is Perfect Price Discrimination Really Efficient? An Analysis of Free Entry Equilibria
Bhaskar, V.; To, Ted - EconWPA - 2000
We analyze models of product differentiation with perfect price discrimination and free entry. Although perfect price discrimination ensures efficient output decisions given product characteristics, coordination failures may prevent efficiency in the choice of product characteristics. More...
Persistent link: https://www.econbiz.de/10005076900
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"How Economists Can Get Alife: Abbreviated Version"
Tesfatsion, Leigh - EconWPA - 1995
Artificial life (alife) is the bottom-up study of basic phenomena commonly associated with living agents, such as self- replication, evolution, adaptation, self-organization, exploitation, competition, cooperation, and social network formation. Alife complements the traditional biological and...
Persistent link: https://www.econbiz.de/10005076914
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Mergers with Differentiated Products: The Case of Ready-to-Eat Cereal
Nevo, Aviv - EconWPA - 2003
Traditional merger analysis, based on market definition and use of concentration measures to infer potential anti-competitive effects, is problematic and difficult to implement when evaluating mergers in industries with differentiated products. This paper discusses an alternative which consists...
Persistent link: https://www.econbiz.de/10005076966
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A Super Efficiency Model for Product Evaluation
Staat, Matthias; Hammerschmidt, Maik - EconWPA - 2004
This study applies a Super Efficiency Data Envelopment Analysis model to evaluate the efficiency of cars sold on the German market. Efficiency is conceptualized from a customers' perspective as a ratio of outputs that customers obtain from a product relative to inputs that customers have to...
Persistent link: https://www.econbiz.de/10005077044