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Telecommunications regulation in the U.S. is replete with a system of subsidies and taxes. Because of budgetary …
Persistent link: https://www.econbiz.de/10012472551
Telecommunications Act of 1996, with a focus on the implications of irreversible investment. Although the goal is to promote competition …This paper addresses the impact on investment incentives of the network sharing arrangements mandated by the … network services, which creates a significant investment disincentive …
Persistent link: https://www.econbiz.de/10012468396
to invest in telecommunications. Results indicate that the irreversibility premium raises the opportunity cost of capital …
Persistent link: https://www.econbiz.de/10012465382
Persistent link: https://www.econbiz.de/10000112367
Starting in the late 1990s, China undertook a dramatic transformation of the large number of firms under state control. Small state-owned firms were privatized or closed. Large state-owned firms were corporatized and merged into large industrial groups under the control of the Chinese state. The...
Persistent link: https://www.econbiz.de/10012457662
There is usually considerable uncertainty about the amount of investment that will accompany any level of protection …
Persistent link: https://www.econbiz.de/10012466413
, and the effects of different investment profiles on total factor productivity growth on Dutch firm-level data. We estimate … an integrated model of investment profile adoption and total factor productivity growth. We find that the three … investment decisions are complementary, in the sense that investing in one increases the probability of investing in another one …
Persistent link: https://www.econbiz.de/10012480697
We revisit Western Europe's record with labor-productivity convergence, and tentatively extrapolate its implications for the future path of Eastern Europe. The poorer Western European countries caught up with the richer ones through both higher rates of physical capital accumulation and greater...
Persistent link: https://www.econbiz.de/10012467642
Which is the tighter constraint on private sector investment: weak property rights or limited access to external …
Persistent link: https://www.econbiz.de/10012469863
lobbying (internal organization vs. trade association) by firms in administrative agencies. It explores the power and limitations of the collective action theories and transaction cost theories in explaining lobbying. It introduces a dataset of over 900 lobbying contacts cover 101 issues at the...
Persistent link: https://www.econbiz.de/10012471024