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France lived through a long period of nationalization until the early 1980s, when nearly all the largest industrials firms as well as all the banks and public services were state-owned. Since then, a series of privatization moves have caused the state sector to shrink. Public services present a...
Persistent link: https://www.econbiz.de/10005181437
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 …
Persistent link: https://www.econbiz.de/10013152862
, inequality is highly responsive to the increase in product market competition triggered by domestic regulatory reform …
Persistent link: https://www.econbiz.de/10013006606
III rules, thus suggesting a ‘race to the top' in capital standards. We study regulatory competition when banks are …
Persistent link: https://www.econbiz.de/10012993695
Power market integration is analyzed in a two countries model with nationally regulated firms and costly public funds. If generation costs between the two countries are too similar negative business-stealing outweighs efficiency gains so that following integration welfare decreases in both...
Persistent link: https://www.econbiz.de/10010556079
Persistent link: https://www.econbiz.de/10005765806
experiences in other areas suggesting that competition could provide large benefits to hitherto regulated utilities in local …
Persistent link: https://www.econbiz.de/10005765998
factors they perceive as drivers and obstacles to financing SMEs. We also study to what degree competition and the … banks in both countries. In particular, banks have begun to target SMEs due to the significant competition in the corporate …
Persistent link: https://www.econbiz.de/10004979421
Regulators have long been aware of the social aspects of communication. In the past, regulated monopolists have provided Universal Service Obligations, typically funded via a system of cross-subsidies. In this paper, we first review the rationale for imposing Universal Service Obligations, based...
Persistent link: https://www.econbiz.de/10005181574
We consider the regulation of national firms in a common market. Regulators can influence the production of national … that supranational competition can have very different consequences on the rent seeking behaviour of firms, depending on …
Persistent link: https://www.econbiz.de/10005196269