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take advantage of recent developments in the analysis of entry and competition among differentiated firms. They test and …' incentives to differentiate their services should shape the policy debate for competitive local telecommunications …
Persistent link: https://www.econbiz.de/10013243919
, deregulation of public transport is taking shape, and the schemes of control for electricity suppliers are candidates for reform … control regulation and evaluate the impact of transition from regulation to competition. To provide a sharp contrast between … the difficulties of the traditional approach to regulation and the benefits of introducing competition, we focus on the …
Persistent link: https://www.econbiz.de/10013232151
This paper develops and simulates a dynamic model of strategic telecom competition. The goal is to understand how … regulatory policy, particularly relative to lease charges for local network elements, affects telecom competition, investment … allow CLECs to lease their local network facilities was established in the Telecommunications Act of 1996 as part of a quid …
Persistent link: https://www.econbiz.de/10013215384
This paper examines alternative hypotheses concerning the determinants of success in the transition from Communism to the market. In particular, we look at whether speed of privatization, legal institutions or initial conditions are more important in explaining the growth of the transition...
Persistent link: https://www.econbiz.de/10013234403
We examine the effect of US branch banking deregulations on the entry size of new firms using micro-data from the US Census Bureau. We find that the average entry size for startups did not change following the deregulations. However, among firms that survived at least four years, a greater...
Persistent link: https://www.econbiz.de/10013070600
This paper examines vertical arrangements in electricity markets. Vertically integrated wholesalers, or those with long-term contracts, have less incentive to raise wholesale prices when retail prices are determined beforehand. For three restructured markets, we simulate prices that define...
Persistent link: https://www.econbiz.de/10012775797
process of interstate bank deregulation that lowered barriers to competition across U.S. states over the 1980s and 1990s with …Does an intensification of competition among banks increase or decrease liquidity creation? By integrating the dynamic … facing each individual bank. We find that regulatory-induced competition reduced liquidity creation. Consistent with some …
Persistent link: https://www.econbiz.de/10012993246
firms by estimating the effect of the pre-deregulation level of" leverage on the survival of trucking firms after the Carter … deregulation. Highly leveraged" carriers are less likely to survive the deregulation shock, even after controlling for various … charge after deregulation. " …
Persistent link: https://www.econbiz.de/10013215356
capacity on competition among" generators. We show that there may be no relationship between the effect of a transmission line …" in spurring competition and the actual electricity that flows on the line. We then investigate the" equilibria that are … relatively small investments in transmission may yield surprisingly large" payoffs in terms of increased competition …
Persistent link: https://www.econbiz.de/10013240555
competition among large countries (US/EU) to negotiate preferential arrangements with smaller countries or regions will lower …
Persistent link: https://www.econbiz.de/10013324133