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How to Auction an Essential Facility When Underhand Integration is Possible

Engel, Eduardo M.R.A. - 2001

There are many industries in which potentially competitive segments require services provided by natural monopoly bottlenecks (essential facilities). Since it is difficult to regulate these facilities, developing countries are using Demsetz auctions, where the facility is awarded to the firm...

Persistent link: https://www.econbiz.de/10012470580

Hong Kong's Business Regulation in Transition

Wu, Changqi - 1997

. 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/10012472483

The Generalized War of Attrition

Bulow, Jeremy - 1997

We generalize the War of Attrition model to allow for N + K firms competing for N prizes. Two special cases are of particular interest. First, if firms continue to pay their full costs after dropping out (as in a standard-setting context), each firm's exit time is independent both of K and of...

Persistent link: https://www.econbiz.de/10012472956

Assessing job flows across countries : the role of industry, firm size and regulations

Haltiwanger, John C. - 2008

"This paper analyzes job flows in a sample of 16 industrial and emerging economies over the past decade, exploiting a harmonized firm-level dataset. It shows that industry and firm size effects (and especially firm size) account for a large fraction in the overall variability in job flows....

Persistent link: https://www.econbiz.de/10010521324

Business environment and firm entry : evidence from international data

Klapper, Leora - 2004

"Using a comprehensive database of firms in Western and Eastern Europe, we study how the business environment in a country drives the creation of new firms. Our focus is on regulations governing entry. We find entry regulations hamper entry, especially in industries that naturally should have...

Persistent link: https://www.econbiz.de/10010523101

Government as a Discriminating Monopolist in the Financial Market : The Case of China

Gordon, Roger H. - 1999

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

Energy and Environmental Markets, Industrial Organization, and Regulation

Kellogg, Ryan; Reguant, Mar - National Bureau of Economic Research - 2021

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

Regulatory Costs of Being Public : Evidence from Bunching Estimation

Ewens, Michael; Xiao, Kairong; Xu, Ting - National Bureau of Economic Research - 2021

. Consistent with firms seeking to avoid costly regulation, we document significant bunching around multiple regulatory thresholds …

Persistent link: https://www.econbiz.de/10012616591

Designing Fuel-Economy Standards in Light of Electric Vehicles

Gillingham, Kenneth - National Bureau of Economic Research - 2021

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

The Effectiveness of Equal Employment Law and Affirmative Action Regulation

Leonard, Jonathan S. - 1985

This paper reviews some recent empirical analyses of the impact of affirmative action and anti-discrimination law on employment and productivity.The major findings are that:1)Affirmative action has some success in improving employment opportunities for minorities and females, particularly for...

Persistent link: https://www.econbiz.de/10012477334

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