Showing 1 - 10 of 488
California disaster. Part of the explanation for these difficulties stems from past successful liberalization and deregulation … experiences in other areas suggesting that competition could provide large benefits to hitherto regulated utilities in local …
Persistent link: https://www.econbiz.de/10011402612
Services form an increasing proportion of the inputs used in manufacturing. We explore empirically whether competition …-data for services, we calculate proxies for competition in services, and then use Input-Output matrices to link services to … manufacturing sectors. we find that there is a positive and significant relation between the extent of competition and firms …
Persistent link: https://www.econbiz.de/10003937587
, inequality is highly responsive to the increase in product market competition triggered by domestic regulatory reform. …
Persistent link: https://www.econbiz.de/10010250120
The role of product market reforms in achieving the objective of higher employment and growth has recently received much attention amongst academics. The aim of this paper is to analyse some of the channels through which cross-market effects come about and to assess their policy relevance. The...
Persistent link: https://www.econbiz.de/10003202265
Open borders imply systems competition. This paper studies the implications of systems competition for the national co … profi t s. Instead of such an equilibrium, a deregulation race is likely to emerge in which all but the last country repeal … their antitrust laws. The deregulation race results in a chain of Stackelberg leadership positions taken over by national …
Persistent link: https://www.econbiz.de/10009781687
New England is at the leading edge of an energy transition in which natural gas is playing an increasingly important role in the US electricity generation mix. In recent years, the region’s wholesale natural gas and electricity markets have experienced severe, simultaneous price spikes. While...
Persistent link: https://www.econbiz.de/10011735963
seems to have increased post-deregulation and the competition resulting from diversity in bank types was important to prompt … banks have used size as a barrier to entry to the new entrants in the post-deregulation period. Furthermore, bank efficiency …This study considers the efficiency of banking in Australia during the post-deregulation period 1988-2001. Since 1986 …
Persistent link: https://www.econbiz.de/10011514045
deregulation. …
Persistent link: https://www.econbiz.de/10011597779
impact of competition on bank orientation - i.e., the choice of relationship based versus transactional banking - and bank … industry specialization. We empirically investigate the impact of interbank competition on bank branch orientation and …. We find that bank branches facing stiff local competition engage relatively more in relationship-based lending but …
Persistent link: https://www.econbiz.de/10011402722
the rest must resort to standard bank finance. We consider a number of policies to promote entrepreneurship and venture …
Persistent link: https://www.econbiz.de/10011514147