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For the first four decades of its existence the U.S. nuclear power industry was run by regulated utilities, with most companies owning only one or two reactors. Beginning in the late 1990s electricity markets in many states were deregulated and almost half of the nation's 103 reactors were sold...
Persistent link: https://www.econbiz.de/10012461317
In many industries firms can learn about new technologies from other adopters; mandatory disclosure regulations represent an understudied channel for this type of social learning. We study an environmentally-focused law in the shale gas industry to examine firms' claims that disclosure...
Persistent link: https://www.econbiz.de/10012481048
improve productivity downstream. We confirm such prediction by estimating a model of multifactor productivity growth in which … 1985-2007. Competitive pressures are proxied with sectoral product market regulation data. We find evidence that … to the productivity frontier …
Persistent link: https://www.econbiz.de/10012462137
This study is an attempt to evaluate the effects of product and labour market regulations on industry productivity …-factor productivity is negatively and significantly influenced by both indicators of industrial prices from same industry and weighted … basis of their calibration by the OECD product and labour market anti-competitive regulation indicators suggests that nearly …
Persistent link: https://www.econbiz.de/10012458102
through which upstream sector anticompetitive regulations may impact productivity growth: business investments in R&D and in … relating productivity explicitly to R&D and ICT capital as well as to upstream regulations, and two factor demand functions … finding that the impact of upstream regulations on total factor productivity can be sizeable, and they provide evidence that a …
Persistent link: https://www.econbiz.de/10012459134
. Consistent with firms seeking to avoid costly regulation, we document significant bunching around multiple regulatory thresholds …
Persistent link: https://www.econbiz.de/10012616591
Electric vehicles are declining in cost so rapidly that they may claim a large share of the vehicle market by 2030. This paper examines a set of practical regulatory design considerations for fuel-economy standards or greenhouse gas standards in the context of highly uncertain electric vehicle...
Persistent link: https://www.econbiz.de/10012599357
regulated to reverse course and deregulate to any significant extent. Moreover, regulation in most large coastal markets …
Persistent link: https://www.econbiz.de/10012480517
The Constitution of 1787 was designed to give Congress powers over trade policy that it lacked under the Articles of Confederation. The Washington administration was split over whether to use these powers to raise revenue or to retaliate against Britain's discriminatory trade policies. Obsessed...
Persistent link: https://www.econbiz.de/10012463506
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/10012464081