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make the situation worse, an impact assessment analysis should accompany every law and every regulation of every Ministry …
Persistent link: https://www.econbiz.de/10014221615
. 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
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
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
to invest in telecommunications. Results indicate that the irreversibility premium raises the opportunity cost of capital …
Persistent link: https://www.econbiz.de/10012759928
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
demand and the dynamic interaction between the two in the context of the U.S. telecommunications industry over an extended … on the cost structure, employment and capital formation of the telecommunications industry in the U.S …
Persistent link: https://www.econbiz.de/10013226071
This paper documents and assesses the significance of the policy changes in China that WTO accession implies in 3 key service categories (banking, insurance, and telecoms), asking whether it is likely they will really be fully implemented in their entirety as undertaken at signature in 2002....
Persistent link: https://www.econbiz.de/10013238960
We study the trade-offs faced by Internet Service Providers (ISPs) that serve as platforms through which consumers access both television and internet services. As online streaming video improves, these providers may respond by attempting to steer consumers away from streaming video toward their...
Persistent link: https://www.econbiz.de/10014098411