Showing 1 - 10 of 149
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
on the analysis of privatisation and liberalisation in the utilities sectors. …
Persistent link: https://www.econbiz.de/10005196308
We introduce transport cost of trade in products into the classical Zodrow and Mieszkowski (1986) model of capital tax competition. It turns out that even small levels of transport cost lead to a complete breakdown of the seminal result, the underprovision of public goods. Instead, there is a...
Persistent link: https://www.econbiz.de/10013136648
restore the efficiency of equilibria …
Persistent link: https://www.econbiz.de/10013116475
We investigate the impacts of electricity market restructuring on fuel efficiency, utilization and, new to this area … without. Our analysis finds that restructuring led to: (1) a two percent improvement in fuel efficiency for IOs, (2) a ten …
Persistent link: https://www.econbiz.de/10013084009
We study upstream horizontal mergers and their potential efficiency gains. We show that an upstream horizontal merger … can give rise to two efficiency-enhancing effects when firms trade through two-part tariffs. It increases R&D investments … efficiency gains can overcome its anti-competitive effects in terms of welfare, we show that when firms merge usually both of the …
Persistent link: https://www.econbiz.de/10013157197
This paper examines the efficient provision of goods in two-sided markets and characterizes optimal specific and ad-valorem taxes. We show that (i) a monopoly may have too high output compared to the social optimum; (ii) output may be reduced by imposing negative value-added taxes (subsidy) or...
Persistent link: https://www.econbiz.de/10012772273
disposal a capital tax and an environmental standard. Petchey (2015) claims that the efficiency result of Oates and Schwab can … be extended to a large price-influencing jurisdiction. In the present note we show that the concept of Pareto efficiency …
Persistent link: https://www.econbiz.de/10012962602
This paper shows that subsidy competition may be efficiency enhancing. We model a subsidy game among two asymmetric …
Persistent link: https://www.econbiz.de/10012764278
This paper attempts to identify the effect of fiscal decentralization on public sector efficiency (PSE). We employ data …
Persistent link: https://www.econbiz.de/10012770638