Showing 1 - 10 of 7,109
This paper links the theory of interest groups influence over the legislature with that of congressional control over … decisions in Argentina, and find results consistent with the predictions of the theory …
Persistent link: https://www.econbiz.de/10012467366
This paper examines voting by members of Congress on three trade bills introduced in 1993 and 1994: the North American Free Trade Agreement (NAFTA), the agreements concluded in the Uruguay Round of multilateral trade negotiations (GATT), and most-favored nation status for China. We first review...
Persistent link: https://www.econbiz.de/10012472442
judicially enforced private contracts, judicially enforced laws, or even government regulation, may be the cheapest way to bring … strategies may sometimes be the best. This paper compares the regulation of financial markets in Poland and the Czech Republic in … the Czech Republic, hands-off regulation was associated with a near collapse of the stock market. These episodes …
Persistent link: https://www.econbiz.de/10012471336
To date, China has maintained a variety of restrictions on its financial markets. In addition to imposing capital controls and regulating interest rates, the government controls both the set of firms that can sell equity on the domestic or foreign stock markets, and the amount they can sell....
Persistent link: https://www.econbiz.de/10012471684
markets and environmental regulation. We emphasize the substantive contributions of recent papers while also highlighting how … the topics examined by this literature--especially auctions, investment, productivity and innovation, and regulation …
Persistent link: https://www.econbiz.de/10012629455
Liability and safety regulation are examined as means of controlling risks in a theoretical model of the occurrence of … accidents. According to the model, regulation does not result in appropriate reduction of risk -- due to the regulator's lack of … out to be superior to regulation or the reverse could be true. But as is stressed, joint use of the two means of …
Persistent link: https://www.econbiz.de/10012477879
Liability in tort and the regulation of safety are considered as means of controlling accident risks using the … instrumentalist, economic method of analysis.Four general determinants of the relative social desirability of liability and regulation … observed to be made between liability and regulation are, when broadly viewed, socially rational: Notably, activities that …
Persistent link: https://www.econbiz.de/10012477881
jurisdictions. This theory of regulatory influence is tested by examining several episodes in the financing experience of U … years of state commission regulation. Examples of an adaptive response pattern on the part of regulators, firms and …
Persistent link: https://www.econbiz.de/10012478245
implications -- for entry into regulation, and for the price-output structure that emerges from regulation. The main task of the …
Persistent link: https://www.econbiz.de/10012478994
and public regulation (including tax policy) continue to be ignored. The present paper is an effort to rectify this … IV explores the implications of the analysis for a variety of issues relating to monopoly and public regulation, such as …
Persistent link: https://www.econbiz.de/10012479071