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EU accession : a boon or bane for corruption?
Alfano, Vincenzo; Capasso, Salvatore; Goel, Rajeev K. - 2020
The formation and expansion of the European Union (EU) have attracted much attention. However, the impact on the level of corruption in a nation after joining the Union has not been formally studied. Any nation that joins the European Union potentially faces two different and opposite effects on...
Persistent link: https://www.econbiz.de/10012199848
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Does state aid for broadband deployment in rural areas close the digital and economic divide?
Briglauer, Wolfgang; Dürr, Niklas S.; Falck, Oliver; … - 2018
We evaluate the impact of a major European state aid programme for broadband deployment applied to rural areas in the German state of Bavaria in the years 2010 and 2011. Using matched difference-in-differences estimation strategies, we find that aided municipalities have - depending on broadband...
Persistent link: https://www.econbiz.de/10011810060
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Market contestability and bribe solicitations : evidence across stages of firms' operations
Goel, Rajeev K.; Mazhar, Ummad; Saunoris, James W. - 2018
Adding to the literature on factors driving corruption and bribery, this paper examines the effect of contestability in business operations on bribe solicitations. Contestability undermines bureaucratic rent-seeking potential and this paper tries to capture this empirically using cross-country...
Persistent link: https://www.econbiz.de/10011822610
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A dynamic theory of regulatory capture
De Chiara, Alessandro; Schwarz, Marco - 2021
Firms often try to influence individuals that, like regulators, are tasked with advising or deciding on behalf of a third party. In a dynamic regulatory setting, we show that a firm may prefer to capture regulators through the promise of a lucrative future job opportunity (i.e., the...
Persistent link: https://www.econbiz.de/10012491609
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Investing in influence : how minority interests can prevail in a democracy
Skaperdas, Stergios; Vaidya, Samarth - 2021
How can the West's economic and political polarization be explained? We argue that persuasive lobbying at various levels of government leads to systematic deviations of policies from those desired by the majority. Implemented policies diverge from the majority position despite centripetal forces...
Persistent link: https://www.econbiz.de/10012649786
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Regulation, financial crises, and liberalization traps
Marchionne, Francesco; Pisicoli, Beniamino; Fratianni, … - 2019
regulation on the probability of a crisis. We test this relationship by applying a Probit model of a non-linear specification to …: it rises as regulation stringency moves from low to medium levels and falls from medium to high levels. Countries located …
Persistent link: https://www.econbiz.de/10012030889
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Impact of roaming regulation on revenues and prices of mobile operators in the EU
Grzybowski, Lukasz; Muñoz-Acevedo, Ángela - 2021
We empirically assess the impact of the EU roaming regulation on mobile operators' average revenues per user (ARPU) and …-level data we find that the regulation decreased mobile operator's revenues per user, while it had no impact on tariffs during … the latest phase of the regulation. …
Persistent link: https://www.econbiz.de/10012602181
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Estimating the effects of regulation when treated and control firms compete : a new method with application to the EU ETS
Barrows, Geoffrey; Calel, Raphael; Jégard, Martin; … - 2023
This paper presents a method for estimating treatment effects of regulations when treated and control firms compete on the output market. We develop a GMM estimator that recovers reduced-form parameters consistent with a model of differentiated product markets with multi-plant firms, and use...
Persistent link: https://www.econbiz.de/10014282440
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The impact of market regulations on intra-European real exchange rates
Bénassy-Quéré, Agnès; Coulibaly, Dramane - 2013
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
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Evaluating the impact of price caps : evidence from the European roam-like-at-home regulation
Canzian, Giulia; Mazzarella, Gianluca; Verboven, Frank; … - 2021
The roam-like-at-home regulation (RLAH) eliminated all mobile roaming surcharges to Eu-ropean consumers travelling … within the European Economic Area (EEA). We measure the causal impact of the regulation on EEA roaming traffic, using the … revenues. To evaluate the welfare effects of the regulation, we develop a framework that includes consumer surplus, retail and …
Persistent link: https://www.econbiz.de/10012622563