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productivity gains from trade liberalisation: the exit of inefficient establishments, economies of scale from output expansion, and … assistance are more likely to exit, strong evidence that they reduce employment, and no evidence for economies of scale through … establishments to reduce their slackness rather than from the exit of less efficient establishments. …
Persistent link: https://www.econbiz.de/10005482004
Based on the political support function model by Hillman (1982), we consider the choice of policy instruments in environmental regulation. More specifically, we extend the Hillman model so that it can incorporate the connection between the relative strength of lobby groups, the chosen level of...
Persistent link: https://www.econbiz.de/10005642094
Real life implies that public procurement contracting of renewable resources results in repeated interaction between a principal and the agents. The present paper analyses ratchet effects in contracting of renewable resources and how the presence of a resource constraint alters the...
Persistent link: https://www.econbiz.de/10005642108