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We reexamine the crowding out hypothesis for India for the period 1970-71 to 2009-10. Applying a flexible accelerator model in a VECM framework, we find that government investment crowds out private investment in the long run while GDP has a significantly positive impact on the later. We also...
Persistent link: https://www.econbiz.de/10011278734
We analyze a tractable model of mobile number portability in a mobile-to-mobile call market and find that this regulation leads to ambiguous welfare effects. MNP increases competition by reducing the consumer switching costs and hence, the telecom firms' market power on the one hand and on the...
Persistent link: https://www.econbiz.de/10010629376