We examine the extent to which regulations of entry and credit access are related to competition using data on 28 … competition, as proxied by the price-cost margin, in the industries with a naturally high entry rate. Rigid entry regulations are … exerting a positive effect on competition. These results suggest that incumbent firms are likely to enjoy the rent and market …

This paper shows that competition among regulators reduces regulatory standards relative to a centralized solution. It … their banks’ profitability set their regulatory policy non-cooperatively. Externalities in bank regulation make the … independent solution collectively inefficient. These externalities and the benefits of centralized regulation increase with …

regional barriers to entry in retail distribution. This paper develops a Cournot-Nash model of imperfect competition to … illustrate the effect of barriers on prices. A unique data set-derived from an extensive analysis of competition policies in …