Showing 1 - 10 of 104
facilitate fuel and electricity subsidy reform, food subsidy reform should be undertaken. …
Persistent link: https://www.econbiz.de/10011244740
This paper describes the current state of the Macedonian electricity sector. It looks at ongoing structural changes …, driven by the gradual adoption of the EU acquis on energy, and comes up with estimates for electricity subsidies. It …
Persistent link: https://www.econbiz.de/10008839339
energy prices, we find electricity prices––relative to oil and gas––to be more important in the manufacturing process …, with a one standard deviation reduction in electricity prices leading to a 2.8 percent increase in manufacturing output …. Our estimated elasticities together with plausible reductions in electricity tariffs derived from the energy reform, could …
Persistent link: https://www.econbiz.de/10011242302
This Selected Issues paper is a wide-ranging survey of the conditions for, and obstacles to, the growth in Mexico. It frames the issue of Mexico’s growth record, and presents the paper’s prior assumptions and approach. It highlights the main observations and conclusions emerging...
Persistent link: https://www.econbiz.de/10011245707
This paper presents a theoretical framework for analyzing pricing structures in debit card schemes featuring cardholders, retailers, their respective banks, and a network routing switch. The network routing switch controls the electronic debit card network and is jointly owned by the banks. In...
Persistent link: https://www.econbiz.de/10005264130
firms, it also finds that asymmetric information limits the overall positive effect of bank competition on firm creation …
Persistent link: https://www.econbiz.de/10005826289
to be an important consideration, both in enforcing Italy's antitrust laws and in ensuring that the procedures for …
Persistent link: https://www.econbiz.de/10005769248
This study reinvestigates the theoretical relationship between competition in banking and banks' exposure to risk of failure. There is a large existing literature that concludes that when banks are confronted with increased competition, they rationally choose more risky portfolios. We briefly...
Persistent link: https://www.econbiz.de/10005599568
Limited diversification is an underlying characteristic of many low-income countries (LICs). Concentration in sectors with limited scope for increases in productivity and quality may result in less broad-based and sustainable growth. Moreover, lack of diversification may increase exposure to...
Persistent link: https://www.econbiz.de/10011245889
Using firm-level data for Estonia for the years 1997-2005, we analyze the impact of international competition on firm dynamics, considering both firm closedown and product switching. We contribute to the literature in two important ways: (1) this is the first paper to study the determinants of...
Persistent link: https://www.econbiz.de/10005263707