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1. Several market failures would justify some forms of price control and entry regulation in the taxicab industry … regulation to changing market conditions. Hence, faced with a sclerotic service supply, several cities and countries have … thoroughly deregulated their taxi industry... only to gradually bring back some elements of regulation later on. Since the late …
Persistent link: https://www.econbiz.de/10008805912
In this paper, we aim at assessing Markov-switching and threshold models in their ability to identify turning points of economic cycles. By using vintage data that are updated on a monthly basis, we compare their ability to detect ex-post the occurrence of turning points of the classical...
Persistent link: https://www.econbiz.de/10010738487
This chapter assesses the extent to which economic activity and the carbon price are linked. Carbon price drivers can be mainly related to energy and institutional variables. However, the influence of the macroeconomic environment shall not be undermined. Various approaches exist in the...
Persistent link: https://www.econbiz.de/10010680889
Previous analyses showed that product market deregulation often precedes labor market (LM) reforms. This paper … introduces LM imperfections within an economic geography framework, the level of optimal LM regulation being based on each … LM institutions. As the fall in trade costs increases the intensity of the agglomeration force, LM regulation loses in …
Persistent link: https://www.econbiz.de/10010750545
This paper aims to provide an alternative framework to previous studies of deflation in Japan. We focus on the real dimension of the price dynamics and propose an imperfect competition model, which describes a rent economy, where the formation of prices can be separated into the markup (level of...
Persistent link: https://www.econbiz.de/10010750586
deregulation, cotton development in SSA could be reviewed and their current restructuring appraised according to economics of … as they are of insufficient size. Where cotton production is well developed, such deregulation could be considered but … monopolies is a way of preserving vertical integration and of facilitating geographical regulation which should be more efficient …
Persistent link: https://www.econbiz.de/10008789285
fairly unchanged. For a calibration capturing alternatively European and the U.S. labor markets, a deregulation episode …
Persistent link: https://www.econbiz.de/10009004178
changed: what level of deregulation is required, or can be introduced, in the gas industry? The reform project, actually …
Persistent link: https://www.econbiz.de/10008793296
deregulation, with the tools provided by network economics. After looking at the progress of rail deregulation in Europe, we … of rail deregulation, with a complete opening of rail markets. We conclude by assessing the possibility of emergence of …
Persistent link: https://www.econbiz.de/10010899124
Während sich Moskau im Herbst 1993 unter und Ober der Erde in einen Straßenmarkt verwandelt hatte, waren die Strategien und Perspektiven der russischen Betriebe von der Zerschlagung von Staatsmonopolen, Privatisierungen und Joint Ventures geprägt. Mit welchen Vorstellungen die Beschäftigten...
Persistent link: https://www.econbiz.de/10008789058