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A bitter medicine? : short-term employment impact of deregulation in network industries

Bassanini, Andrea - 2015

There is evidence that pro-competitive reforms in an industry with large incumbents induce the latter to re-organise and reduce prices in an attempt to deter entry of new competitors. Using data for three broadly-defined network industries in 23 OECD countries and covering over 30 years, I show...

Persistent link: https://www.econbiz.de/10011295517

Regulatory barriers and entry in developing economies

Bennett, John (contributor); Estrin, Saul (contributor) - 2006

We model entry by entrepreneurs into new markets in developing economies with regulatory barriers in the form of licence fees and bureaucratic delay. Because laissez faire leads to 'excessive' entry, a licence fee can increase welfare by discouraging entry. However, in the presence of a licence...

Persistent link: https://www.econbiz.de/10003328066

Employment protection, product market regulation and firm selection

Koeniger, Winfried (contributor); Prat, Julien (contributor) - 2006

This paper analyzes the effect of labor and product market regulation in a dynamic stochastic equilibrium with search …-and-firing (intensive) margin. We characterize analytically how both margins depend on regulation before we calibrate the model to the US … through firm selection. Finally, the opposite effect of product and labor market regulation on job turnover rationalizes the …

Persistent link: https://www.econbiz.de/10003278939

Reforms, entry and productivity : some evidence from the Indian manufacturing sector

Bhaumik, Sumon Kumar (contributor); … - 2006

It is now stylized that, while the impact of ownership on firm productivity is unclear, product market competition can be expected to have a positive impact on productivity, thereby making entry (or contestability of markets) desirable. Traditional research in the context of entry has explored...

Persistent link: https://www.econbiz.de/10003310958

Product market regulation, firm selection and unemployment

Felbermayr, Gabriel (contributor); Prat, Julien (contributor) - 2007

This paper analyzes the effect of Product Market Regulation (PMR) on unemployment in a search model with heterogeneous …

Persistent link: https://www.econbiz.de/10003585349

Investment liberalisation, technology take-off and export market entry : does foreign ownership structure matter?

Girma, Sourafel; Gong, Yundan; Görg, Holger; … - 2015

Before and after its accession to the WTO in 2001, China has undergone a far-reaching investment liberalisation. As part of this, existing restrictions on foreign ownership structure and mandatory export and technology transfer requirements imposed on foreign firms have been lifted in a number...

Persistent link: https://www.econbiz.de/10010510581