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How to Auction an Essential Facility When Underhand Integration is Possible

Engel, Eduardo M.R.A. - 2001

There are many industries in which potentially competitive segments require services provided by natural monopoly bottlenecks (essential facilities). Since it is difficult to regulate these facilities, developing countries are using Demsetz auctions, where the facility is awarded to the firm...

Persistent link: https://www.econbiz.de/10012470580

Hong Kong's Business Regulation in Transition

Wu, Changqi - 1997

, deregulation of public transport is taking shape, and the schemes of control for electricity suppliers are candidates for reform …. In this paper, we review the evolution of business regulation in Hong Kong, analyze the salient features of its scheme of … control regulation and evaluate the impact of transition from regulation to competition. To provide a sharp contrast between …

Persistent link: https://www.econbiz.de/10012472483

The Generalized War of Attrition

Bulow, Jeremy - 1997

We generalize the War of Attrition model to allow for N + K firms competing for N prizes. Two special cases are of particular interest. First, if firms continue to pay their full costs after dropping out (as in a standard-setting context), each firm's exit time is independent both of K and of...

Persistent link: https://www.econbiz.de/10012472956

Law and employment : lessons from Latin America and the Caribbean

Heckman, James J. (ed.) - 2004

Persistent link: https://www.econbiz.de/10002545132

Patent Rights, Product Market Reforms, and Innovation

Aghion, Philippe - 2013

positively to the product market reform in industries of countries where patent rights are strong, not where these are weak. The … positive response to the reform is more pronounced in industries in which innovators rely more on patenting than in other …

Persistent link: https://www.econbiz.de/10012459807

The Euro and the global crises : finding the balance between short term stabilization and forward looking reforms

Aizenman, Joshua - 2012

This paper analyzes reforms and adjustments in the context of the Euro and the global financial crises. Taking the perspective of the evolutionary approach to institutions, the formation of a new currency area is not unidirectional. The process leading to the euro is an example of a common...

Persistent link: https://www.econbiz.de/10012460521

Assessing job flows across countries : the role of industry, firm size and regulations

Haltiwanger, John C. - 2008

"This paper analyzes job flows in a sample of 16 industrial and emerging economies over the past decade, exploiting a harmonized firm-level dataset. It shows that industry and firm size effects (and especially firm size) account for a large fraction in the overall variability in job flows....

Persistent link: https://www.econbiz.de/10010521324

Business environment and firm entry : evidence from international data

Klapper, Leora - 2004

"Using a comprehensive database of firms in Western and Eastern Europe, we study how the business environment in a country drives the creation of new firms. Our focus is on regulations governing entry. We find entry regulations hamper entry, especially in industries that naturally should have...

Persistent link: https://www.econbiz.de/10010523101

Structural impediments to growth in Japan : [a National Bureau of Economic Research conference report]

Blomström, Magnus (ed.) - 2003

Persistent link: https://www.econbiz.de/10001783793

NBER International Seminar on Macroeconomics 2008

Frankel, Jeffrey A. (contributor); … - 2009

Persistent link: https://www.econbiz.de/10003816992

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