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The EU Services Directive was adopted in 2006 to foster competition in services across Europe. However, progress in … liberalization process could be given by enhancing the advocacy role of national competition authorities in interpreting the notion …
Persistent link: https://www.econbiz.de/10012667444
Labor market deregulation, intended to boost productivity and employment, is one plausible, yet little studied, driver … the impact of job protection deregulation in a sample of 26 advanced economies over the period 1970-2015, using a newly … grounded in theory-namely that job protection deregulation should have larger negative effects in industries characterized by …
Persistent link: https://www.econbiz.de/10011905906
Persistent link: https://www.econbiz.de/10009424798
This paper investigates the degree of bank competition in the euro area, the U.S. and U.K. before and after the recent … financial crisis, and revisits the issue whether the introduction of EMU and the euro have had any impact on bank competition …. The results suggest that the level of bank competition converged across euro area countries in the wake of the EMU. The …
Persistent link: https://www.econbiz.de/10014399229
In Italy, price-based competitiveness measures are not always an accurate predictor of trade outcomes. This paper offers a more comprehensive assessment of Italian competitiveness, focusing on the role of innovation and the evolution of Italy’s export market share. Overall, Italy maintains a...
Persistent link: https://www.econbiz.de/10014411220
The paper investigates the economic effects of major product market reforms in some of the historically most protected non-manufacturing industries. It relies on a unique mapping between new annual data on reform shocks and sector-level outcomes for five network industries (electricity and gas,...
Persistent link: https://www.econbiz.de/10011711479
Pacific island countries (PICs) rely on national airlines for connectivity, trade, and tourism. These airlines are being struck hard by COVID-19. Losses will weigh on public sector balance sheets and pose risks to economic recovery. With a backdrop of tight fiscal space and increasing government...
Persistent link: https://www.econbiz.de/10012605642
The United States has pledged to become carbon neutral by 2050, meet sectoral objectives (e.g., for carbon free power, electric vehicles) and encourage greater mitigation among large emitting countries and of international transportation emissions. Fiscal policies at the national, sectoral, and...
Persistent link: https://www.econbiz.de/10012518755
This paper examines the case for internationally coordinated indirect taxes on aviation (as a source of general revenue-not (necessarily) as a source of development finance). The case for such taxes is strong: the tax burden on international aviation is currently limited, yet it contributes...
Persistent link: https://www.econbiz.de/10014400375
Persistent link: https://www.econbiz.de/10009572350