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Indexed Regulation
Newell, Richard G. - 2010
Seminal work by Weitzman (1974) revealed prices are preferred to quantities when marginal benefits are relatively flat compared to marginal costs. We extend this comparison to indexed policies, where quantities are proportional to an index, such as output. We find that policy preferences hinge...
Persistent link: https://www.econbiz.de/10012759315
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Price Limits in a Tradable Performance Standard
Wang, Banban; Pizer, Billy; Munnings, Clayton - 2022
Tradable performance standards are widely used sectoral regulatory policies. Examples include the US lead phasedown, fuel economy standards for automobiles, renewable portfolio standards, low carbon fuel standards, and—most recently—China’s new national carbon market. At the same time,...
Persistent link: https://www.econbiz.de/10014089541
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Prices Versus Quantities Versus Bankable Quantities
Fell, Harrison G. - 2012
Quantity-based regulation with banking allows regulated firms to shift obligations across time in response to periods …
Persistent link: https://www.econbiz.de/10013109868
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Hong Kong'S Business Regulation in Transition
Wu, Changqi; Cheng, Leonard K.H - 2021
. In this paper, we review the evolution of business regulation in Hong Kong, analyze the salient features of its scheme of … 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
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Taxation by Telecommunications Regulation
Hausman, Jerry A. - 2021
Telecommunications regulation in the U.S. is replete with a system of subsidies and taxes. Because of budgetary …
Persistent link: https://www.econbiz.de/10013248105
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The Cost of Banking Regulation
Guiso, Luigi - 2010
effects of bank regulation and the impact of deregulation. We find that where entry was more restricted the cost of credit was …
Persistent link: https://www.econbiz.de/10012760665
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Pharmaceutical Industry, Drug Quality and Regulation : Evidence from Us and Italy
Atella, Vincenzo - 2008
This paper examines the relationship between drug price and drug quality and how it varies across two of the most common regulatory regimes in the pharmaceutical market: minimum efficacy standards (MES) and a mix of minimum efficacy standards and price control mechanisms (MES+PC). Through a...
Persistent link: https://www.econbiz.de/10012768128
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When Does Regulation Distort Costs? Lessons from Fuel Procurement in U.S. Electricity Generation
Cicala, Steve - 2014
following state-level legislation that ended cost-of-service regulation of electricity generation. I find that deregulated …
Persistent link: https://www.econbiz.de/10013054040
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Differentiation Strategy and Market Deregulation : Local Telecommunication Entry in the Late 1990s
Greenstein, Shane M.; Mazzeo, Michael J. - 2021
' incentives to differentiate their services should shape the policy debate for competitive local telecommunications …
Persistent link: https://www.econbiz.de/10013243919
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Pricing and Reimbursement in U.S. Pharmaceutical Markets
Berndt, Ernst R. - 2010
In this survey chapter on pricing and reimbursement in U.S. pharmaceutical markets, we first provide background information on important federal legislation, institutional details regarding distribution channel logistics, definitions of alternative price measures, related historical...
Persistent link: https://www.econbiz.de/10013139118