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is sufficiently well informed about consumer and firm behavior. -- bounded rationality ; competition ; regulation …
Persistent link: https://www.econbiz.de/10009516903
This paper presents a novel method for estimating the likely welfare effects of competition reforms for both current … consumers are more likely to reap the benefits of greater competition. This method represents a powerful tool for supporting the … analysis of competition reforms in developing countries, particularly in sectors known for excluding significant segments of …
Persistent link: https://www.econbiz.de/10012418650
employees and finally engage in imperfect product market competition. Equilibria with and without training, and multiple … equilibria can emerge. If competition is sufficiently soft and trained workers are substitutes, firms may invest in non …
Persistent link: https://www.econbiz.de/10011402873
Persistent link: https://www.econbiz.de/10009532078
in inequality post-deregulation, as expected given the literature on regulation's impact on the labor market. We also …
Persistent link: https://www.econbiz.de/10009125036
changes in competition in the United States. The sector offers workplace employee representation through trade union branches … Productivity (TFP) than incumbents. Increased competition from new entrants leads incumbents to reduce the price of union …. Those with higher TFP have higher survival probabilities. However, increased competition does not induce incumbents to raise …
Persistent link: https://www.econbiz.de/10012139524
This paper reviews recent empirical evidence on privatisation in developing countries. Particular emphasis is placed on new areas of research such as the distributional impacts of privatisation. Overall, the literature now reflects a more cautious and nuanced evaluation of privatisation. Thus it...
Persistent link: https://www.econbiz.de/10011571943
Does interacting product and labor market regulation alter the impact of immigration on wages of competing native … labor market: one segment without product and labor market regulation, to which standard immigration models best apply, one … segment in which product and labor market regulation interact, and one segment covering intermediate groups of workers. We …
Persistent link: https://www.econbiz.de/10010230515
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
High growth firms (HGFs) are important for job creation and considered to be precursors of economic growth. We investigate how product- and labor-market regulations, as well as the quality of regional governments that implement these regulations, affect HGF development across European regions....
Persistent link: https://www.econbiz.de/10014422537