Showing 1 - 10 of 679
to invest compared to autarky. The investment levels remain inefficient though. With generation facilities over-investment … occurs sometimes, while systematic under-investment occurs for transportation facilities. Free-riding reduces the incentives … investment. …
Persistent link: https://www.econbiz.de/10010283608
The role of product market reforms in achieving the objective of higher employment and growth has recently received much attention amongst academics. The aim of this paper is to analyse some of the channels through which cross-market effects come about and to assess their policy relevance. The...
Persistent link: https://www.econbiz.de/10010271923
and only if the investment elasticity of the tax base is lower than the investment elasticity of the apportionment factor …
Persistent link: https://www.econbiz.de/10013316828
We empirically assess the impact of the EU roaming regulation on mobile operators’ average revenues per user (ARPU) and …-level data we find that the regulation decreased mobile operator’s revenues per user, while it had no impact on tariffs during … the latest phase of the regulation …
Persistent link: https://www.econbiz.de/10013216252
The roam-like-at-home regulation (RLAH) eliminated all mobile roaming surcharges to Eu-ropean consumers travelling … within the European Economic Area (EEA). We measure the causal impact of the regulation on EEA roaming traffic, using the … revenues. To evaluate the welfare effects of the regulation, we develop a framework that includes consumer surplus, retail and …
Persistent link: https://www.econbiz.de/10013211736
Authorities often lack information for efficient regulation of the commons. This paper derives a criterion comparing … significant impact. Finally, either regulatory instrument may induce the highest technology investment levels. …
Persistent link: https://www.econbiz.de/10010333431
observed changes in policies, the paper finds that product market regulation has the largest overall single policy impact five … market regulation. The paper also shows that policy impacts can differ at different horizons. The overall long-term effects …
Persistent link: https://www.econbiz.de/10011657141
-of-return regulation because investment decisions (what can be included in the rate base) are usually evaluated in a discretionary manner …This paper finds that coherent regulatory policies can boost investment in network industries of OECD economies. Rate …-of-return regulation is generally thought to result in overinvestment, while incentive regulation is believed to entail underinvestment …
Persistent link: https://www.econbiz.de/10010273816
This paper studies the investment decision by a monopolistic internet service provider (ISP) in different regulatory … nondiscrimination regulation that forces the ISP to provide an equal quality upgrade to both CPs, however, can reduce the ISP ….s investment incentive and social welfare. Furthermore, the investment level is higher if the regulated ISP is allowed to charge …
Persistent link: https://www.econbiz.de/10012179873
. More competition-friendly regulations, as measured by the OECDs’ Product Market Regulation (PMR) indicator improve economic … outcomes. Lower barriers to foreign trade and investment help MFP. Lower barriers to entry and less pervasive state control of … businesses boost the capital stock and the employment rate. No robust link between labour market regulation and MFP and capital …
Persistent link: https://www.econbiz.de/10011815814