Showing 1 - 10 of 400
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
For political, jurisdictional and technical reasons, environmental regulation of industrial pollution is often … regulated producers are less polluting than their unregulated ounterparts, emissions under incomplete regulation can exceed the … level of emissions that would have occurred in the absence of regulation. Converseley, when regulated firms are relatively …
Persistent link: https://www.econbiz.de/10012464226
Despite all of the talk about deregulation' of the electricity sector, a large number of non-market mechanisms have been imposed on emerging competitive wholesale and retail markets. These mechanisms include spot market price caps, operating reserve requirements, non-price rationing protocols,...
Persistent link: https://www.econbiz.de/10012468221
. 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
This paper measures changes in electricity generation costs caused by the introduction of market mechanisms to determine output decisions in service areas that were previously using command-and-control-type operations. I use the staggered transition to markets from 1999- 2012 to evaluate the...
Persistent link: https://www.econbiz.de/10012455627
This paper analyzes the importance of local interaction between individuals of different linguistic groups for the provision of public goods at the national level. The micro-founded conceptual framework we develop predicts that a country's public goods (i) decrease in its overall linguistic...
Persistent link: https://www.econbiz.de/10012453026
The single largest item in the United States foreign aid health budget is antiretroviral therapy (ART) for the treatment of HIV/AIDS. Many supply- and demand-side factors in sub-Saharan Africa could cause smaller than expected epidemiological effects of this at scale drug provision. We provide...
Persistent link: https://www.econbiz.de/10012455278
We study the daily behavior of supermarket prices and product availability following two recent natural disasters: the 2010 earthquake in Chile and the 2011 earthquake in Japan. In both cases there was an immediate and persistent effect on product availability. The number of goods available for...
Persistent link: https://www.econbiz.de/10012459188
This study examines how the economic effects of elections in rural China depend on voter heterogeneity, for which we proxy with religious fractionalization. We first document religious composition and the introduction of village-level elections for a nearly nationally representative sample of...
Persistent link: https://www.econbiz.de/10012460027
regulation took effect. I find that strategic firms reduced their emissions by approximately 20% relative to other firms and …
Persistent link: https://www.econbiz.de/10012465135