Showing 1 - 10 of 2,273
within less than five years. We examine whether the privatization authority followed its mandate to privatize competitive … investors, and are more likely to remain in business even 20 years after leaving public ownership. The privatization agency …
Persistent link: https://www.econbiz.de/10012822995
within less than five years. We examine whether the privatization authority followed its mandate to privatize competitive … investors, and are more likely to remain in business even 20 years after leaving public ownership. The privatization agency …
Persistent link: https://www.econbiz.de/10012314853
We study the gains from trade in a model with oligopolistic competition, heterogeneous firms and innovation, and …-relevant feature of market power above and beyond markup dispersion. Trade liberalisation increases foreign competition and reduces the …
Persistent link: https://www.econbiz.de/10013231972
In the past two decades privatisation and liberalisation of network industries providing services of general economic interest (SGEI), have been particularly significant in the European Union. Wide variations around a common policy trend can, however, be observed across countries and sectors. We...
Persistent link: https://www.econbiz.de/10010270518
This paper studies the optimal long-run public intervention in a two-period OLG model where the probability of surviving the first period and the length of the second period can be influenced by distinct policies. While the optimal size of public intervention depends on the extra-productivity of...
Persistent link: https://www.econbiz.de/10010276198
being a contentious recent example. Some pundits go so far as to take the position that macroeconomic theory has failed to …
Persistent link: https://www.econbiz.de/10010270872
being a contentious recent example. Some pundits go so far as to take the position that macroeconomic theory has failed to …
Persistent link: https://www.econbiz.de/10013139182
The paper studies the impact of government budget constraint in a pure adverse selection problem of monopoly regulation. The government maximizes total surplus but incurs some cost of public funds. An alternative to regulation is proposed in which firms are free to enter the market and to choose...
Persistent link: https://www.econbiz.de/10010263923
Two types of agents interact on a pre-existing free platform. Agents value positively the presence of agents of the other type but may value negatively the presence of agents of their own type. We ask whether a new platform can find fees and subsidies so as to divert agents from the existing...
Persistent link: https://www.econbiz.de/10013317024
is found that patents ought to be weaker, the more intense competition, the higher R&D productivity, and the more … competition and introduces an empirically substantiated measure of sector differences in the ability to catch up with the …
Persistent link: https://www.econbiz.de/10010270491