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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...
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This paper evaluates how different lengths of entry regulation impact market structure and market performance using a … evidence that the duration of entry regulation has a negative impact on consumer surplus. We also find that entry protection …
Persistent link: https://www.econbiz.de/10009764443
difficult to achieve at the same time. In this paper, we consider price regulation in the retail and wholesale market and answer … access price regulation is an effective instrument to make the entrant and consumers better off. …
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indirect tax burden and government regulation) on the shadow economy for Austria. …
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. More competition-friendly regulations, as measured by the OECDs' Product Market Regulation (PMR) indicator improve economic … businesses boost the capital stock and the employment rate. No robust link between labour market regulation and MFP and capital … deepening could be established. But looser labour market regulation is found to go hand in hand with higher employment rates …
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We study the contribution of market regulations in the dynamics of the real exchange rate within the European Union. Based on a model proposed by De Gregorio et al. (1994a), we show that both product market regulations in nontradable sectors and employment protection tend to inflate the real...
Persistent link: https://www.econbiz.de/10009691682
precaution. Regulation made application of the electronic engine immobilizer, a simple and low-cost anti-theft device, mandatory … for all new cars sold within the European Union as of 1998. We exploit the regulation as source of exogenous variation in … theft. -- car theft ; government regulation ; crime ; victim precaution …
Persistent link: https://www.econbiz.de/10009700313