Recent advances in telecommunications, particularly using fibre technologies, permit many services based on data … single market in the European Union is impeded by absent or imperfect regulation conducted at the national level, which fails … to create a level playing field between the country's former telecommunications monopolist and foreign competitors and …

economies. Theories of optimal taxation conclude that these taxes are detrimental to production efficiency, when firms operate … production units. The present paper investigates the effects of taxation on production efficiency, accounting for the … effect of this "tax induced organizational change" on production efficiency ultimately depends on the characteristics of the …

Strategic delegation to an independent regulator with a pure consumer standard improves dynamic regulation by …

We study the efficiency of banking regulation under financial integration. Banks freely choose the jurisdiction where … to locate their activities and have private information about their efficiency level. Regulators non-cooperatively offer … regulators to discriminate between banks with different efficiency levels. This result is driven by the endogenous restriction …

Currently, U.S. and EU telecommunications policies differ in many respects. For example, wholesale access to local … telecommunications policies in the U.S. and EU? Based on a survey of the relevant U.S. and EU related economics literature the current …

The paper aims at empirically investigating the relationship between regulation and the capital structure of the …

, but have an ambiguous effect on the efficiency of service provision. We test these predictions using a difference in … not subject to the same CPA regime. To do this, we construct original indices of service quality and efficiency, using … efficiency indices. There is evidence of heterogeneous effects of CPA on efficiency, with some evidence that CPA impacted more on …

The desirability for production efficiency is re-examined in this study, where agents choose occupation based on … lifetime income net of tuition costs. Efficient revenue raising implies that the government should trade off efficiency in … production for efficiency in intertemporal consumption, as capital income is taxed in optimum. The subsequent wage difference …