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The main objective of this study is to estimate the price cap through which the parking service fares should be regulated in Bogota, by means of the theoretical guidelines of the transportation economic theory and under the price fixation criterion. The results of this analysis are evinced based...
Persistent link: https://www.econbiz.de/10011260053
The theoretical and empirical literature on water supply and sewerage liberalization is reviewed in this paper in order to discuss the potential for market creation and private sector involvement in this sector. The analysis is framed in the “policy roadmap” developed by regulatory economics...
Persistent link: https://www.econbiz.de/10005837319
The article is devoted to a phenomenon called vertical separation in the area of network industries. Vertical separation is understood as de-merging of infrastructure and delegating control over it to independent manager banned from operating on downstream markets which are subject to...
Persistent link: https://www.econbiz.de/10008526979
Traditional economic theory, up to the middle of the twentieth century, builds up the production functions regardless the inputs’ scarcity. In the last few decades has been clear that both the inputs are depletable quantities and a lot of constraints are imposed in their usage in order to...
Persistent link: https://www.econbiz.de/10008534534
scale and scope are more likely to be found in publicly-owned utilities than when the ownership is mostly private; as would …
Persistent link: https://www.econbiz.de/10009277856
What do economists understand about the economy if they do not understand the profit phenomenon? Next to nothing. Therefore, the very first task in theoretical economics is to clarify the difference between profit and wage income and their respective determinants. It was Ricardo who tackled the...
Persistent link: https://www.econbiz.de/10011267893
A model of the economic system with the property rights distributed among several agents is considered. The effect of property rights allocation on the economic efficiency of the management strategies is studied.
Persistent link: https://www.econbiz.de/10011260579
The aim of our paper is to disentangle the relationship between ownership and wages using cross-section data for … database on Slovenian ownership, we apply a spatial econometric approach to detect any ownership-based wage spillovers, while … accounting for different standard factors, such as size, capital intensity and productivity, and also some ownership …
Persistent link: https://www.econbiz.de/10011260808
influence over banks are not limited to equity ownership with governance and other methods of control being employed as well and …
Persistent link: https://www.econbiz.de/10005025744
significantly more than executives at S-corporations; (iii) executive pay is inversely related to CEO ownership; (iv) executive pay …
Persistent link: https://www.econbiz.de/10005836210