In this paper, we use an exogenous variation in tax regulations to analyze the impact of bonus depreciation programs on … business investment. To promote economic convergence of Eastern and Western Germany after reunification, bonus depreciation tax … control group, we address the question if and to what extent these investment tax incentives boosted investment. In line with …

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 over investment, while incentive regulation is believed to entail underinvestment … changed investment in network industries. According to the theoretical literature, regulatory uncertainty exposes both types …

developing a novel approach to competition between different organizational forms, it frames the relevant trade-offs precisely …

This paper investigates the relationship linking investment (capital stock) and structural policies. Using a panel of … 32 OECD countries from 1985 to 2013, we show that more stringent product and labour market regulations are associated … with less investment (lower capital stock). The paper also sheds light on the existence of non-linear effects of product …

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 … to invest in these public-good components, while business-stealing tends to reduce the capacity for financing new …

We study the dual relationship between market structure and prices and between market structure and investment in …. Furthermore, they also lead to higher investment per mobile operator, though the impact on total investment is not conclusive. Our … stress that competition and regulatory authorities should take seriously the potential trade-off between market power effects …

encroacher's valuation of the asset is increasing in the asset owner's investment. Due to incomplete property rights, the … encroacher and asset owner engage in a contest over the control of the asset after investment has taken place. A standard result … is that the asset owner will underinvest in the asset relative to the first-best level of investment when property rights …

III rules, thus suggesting a ‘race to the top' in capital standards. We study regulatory competition when banks are …

We analyse the effect of competition on quality in hospital markets with regulated prices, considering both the effect … of (i) introducing competition (monopoly versus competition) and (ii) increasing competition through lower transportation … structure, we show that the relationship between competition and quality is generally ambiguous. In contrast to the received …

electricity is low and net-availability and transport capacity high. Accounting for periods of gas specific pricing is relevant … prevalent in recent years, i.e., we find no evidence of underinvestment in capacity after deregulation. …