Showing 1 - 10 of 247
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
' incentives to differentiate their services should shape the policy debate for competitive local telecommunications …
Persistent link: https://www.econbiz.de/10013243919
In 1997, the Mexican government reversed long-standing policies and allowed foreign banks to purchase Mexico's largest … the ownership structure of Mexico's banks. For instance, while in 1991 only one percent of bank assets in Mexico were … been as rapid or as far-reaching as in Mexico. In this work we examine some of the important implications of foreign bank …
Persistent link: https://www.econbiz.de/10013088399
Retail petroleum markets in Mexico are on the cusp of a historic deregulation. For decades, all 11,000 gasoline … gasoline and diesel. In this paper, we provide an economic perspective on Mexico's nascent deregulation. Although in many ways … regulated retail prices. This industry structure is changing, however, as part of Mexico's broader energy reforms aimed at …
Persistent link: https://www.econbiz.de/10012920356
The “net neutrality” principle has triggered a heated debate and advocates have proposed policy interventions. In this paper, we provide perspective by framing issues in terms of the positive economic factors at work. We stress the incentives of market participants, and highlight the...
Persistent link: https://www.econbiz.de/10012999972
lobbying (internal organization vs. trade association) by firms in administrative agencies. It explores the power and limitations of the collective action theories and transaction cost theories in explaining lobbying. It introduces a dataset of over 900 lobbying contacts cover 101 issues at the...
Persistent link: https://www.econbiz.de/10013247635
Telecommunications Act of 1996, with a focus on the implications of irreversible investment. Although the goal is to promote competition …
Persistent link: https://www.econbiz.de/10013247857
We study how political factors shape competition in the mobile telecommunication sector. We show that the way a government designs the rules of the game has an impact on concentration, competition, and prices. Pro-competition regulation reduces prices, but does not hurt quality of services or...
Persistent link: https://www.econbiz.de/10012965433
Does adoption of broadband internet in firms enhance labor productivity and increase wages? And is this technological change skill biased or factor neutral? We exploit rich Norwegian data to answer these questions. A public program with limited funding rolled out broadband access points, and...
Persistent link: https://www.econbiz.de/10013030144
Stock-market crashes tend to follow run-ups in prices. These episodes look like bubbles that gradually inflate and then suddenly burst. We show that such bubbles can form in a Zeira-Rob type of model in which demand size is uncertain. Two conditions are sufficient for this to happen: A declining...
Persistent link: https://www.econbiz.de/10012785164