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Regulating a Multi-Utility Firm
Calzolari, Giacomo; Scarpa, Carlo - C.E.P.R. Discussion Papers - 2007
We study the regulation of a utility firm which is active in a competitive unregulated sector as well. If the firm … and quantity competition) and also optimal regulation. Accounting for the several effects of regulation on the unregulated … market, we show the existence of an informational externality, in that regulation provides useful information to the rival …
Persistent link: https://www.econbiz.de/10005124135
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Cable Regulation in the Internet Era
Crawford, Gregory S - C.E.P.R. Discussion Papers - 2013
television regulation in light of these developments. It surveys the dismal empirical record on the effects of price regulation …
Persistent link: https://www.econbiz.de/10011084592
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Inequality and Institutions
Chong, Alberto; Gradstein, Mark - C.E.P.R. Discussion Papers - 2004
This Paper presents theory and evidence on the relationship between inequality and institutional quality. We exhibit a model in which the two dynamically reinforce each other and set to test this relationship with a broad array of institutional measures. We establish the double causality between...
Persistent link: https://www.econbiz.de/10005124033
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Do Migrants Improve Governance at Home? Evidence from a Voting Experiment
Batista, Catia; Vicente, Pedro C - C.E.P.R. Discussion Papers - 2011
Can international migration promote better institutions at home by raising the demand for political accountability? In … order to examine this question, we designed a behavioral measure of the population’s desire for better governance. A … countries with better governance, especially return migrants. …
Persistent link: https://www.econbiz.de/10008854468
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Bribery: Who Pays, Who Refuses, What are the Payoffs?
Hunt, Jennifer; Laszlo, Sonia - C.E.P.R. Discussion Papers - 2005
We provide a theoretical framework for understanding when an official angles for a bribe, when a client pays, and the payoffs to the client's decision. We test this framework using a new data set on bribery of Peruvian public officials by households. The theory predicts that bribery is more...
Persistent link: https://www.econbiz.de/10005114227
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Isolated Capital Cities and Misgovernance: Theory and Evidence
Campante, Filipe; Do, Quoc-Anh; Guimarães, Bernardo - C.E.P.R. Discussion Papers - 2013
Motivated by a novel stylized fact -- countries with isolated capital cities display worse quality of governance -- we … ways: broader power sharing (associated with better governance) means that any rents have to be shared more broadly, hence … capital city allows the elite to appropriate a larger share of output, so the costs of better governance for the elite, in …
Persistent link: https://www.econbiz.de/10011084326
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On the Community Patent
Hoernig, Steffen - C.E.P.R. Discussion Papers - 2005
The European Union will be introducing a Europe-wide patent, the so-called Community Patent. Its aim is to foster innovative activity, but strategic effects between firms competing in R&D have not been considered in the official discourse. We show that, even if these are taken into account, the...
Persistent link: https://www.econbiz.de/10005123826
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Industrial Policy and Firm Heterogeneity
Barros, Pedro Luis Pita; Nilssen, Tore - C.E.P.R. Discussion Papers - 1998
Our concern is about a firm-specific industrial policy. When R&D subsidies or taxes are differentiated among firms, the question arises which firms in an industry should receive such support. We analyse a situation where firms differ in their R&D technologies in two distinct ways: they differ...
Persistent link: https://www.econbiz.de/10005124475
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Should Uniform Pricing Contraints be Imposed on Entrants?
Hoernig, Steffen - C.E.P.R. Discussion Papers - 2005
This paper analyses the effects of universal service obligations, such as uniform pricing, coverage constraints and price caps, on markets newly opened to competition, e.g. broadband services. We show that the requirement of uniform pricing has strong repercussions on coverage decisions. Imposed...
Persistent link: https://www.econbiz.de/10005136722
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The Impact of R&D Subsidies on the Introduction of New Products by Incumbent Firms
Siebert, Ralph - C.E.P.R. Discussion Papers - 2003
This Paper analyses the impact of R&D subsidies on incumbent firms to introduce new goods. We are especially interested in investigating various consequences of government subsidies for R&D, provided to firms that offer products of different qualities. This study examines the incentives of...
Persistent link: https://www.econbiz.de/10005504784