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Selling Company Shares to Reluctant Employees : France Telecom's Experience
Degeorge, Francois - 2000
In 1997, France T‚l‚com, the state-owned French telephone company, went through a partial privatization. The government …
Persistent link: https://www.econbiz.de/10012471078
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The Competition Between Competition Rules
Sinn, Hans-Werner - 1999
profits. Instead of such an equilibrium, a deregulation race is likely to emerge in which all but the last country repeal … their antitrust laws. The deregulation race results in a chain of Stackelberg leadership positions taken over by national …
Persistent link: https://www.econbiz.de/10012471517
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Growth, Initial Conditions, Law and Speed of Privatization in Transition Countries : 11 Years Later
Godoy, Sergio - 2006
the market. In particular, we look at whether speed of privatization, legal institutions or initial conditions are more … endogeneity, confused issues of speed and level of privatization, and did not face up to the problems of multicollinearity. Our … results suggest that, contrary to the earlier literature, the speed of privatization is negatively associated with growth, but …
Persistent link: https://www.econbiz.de/10012466679
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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
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Public Monopoly and Economic Efficiency : Evidence from the Pennsylvania Liquor Control Board's Entry Decisions
Seim, Katja - 2010
While private monopolists are generally assumed to maximize profits, the goals of public enterprises are less well known. Using the example of Pennsylvania's state liquor retailing monopoly, we use information on store location choices, prices, wholesale costs, and sales to uncover the goals...
Persistent link: https://www.econbiz.de/10012462397
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Who Owns the Media?
Djankov, Simeon - 2001
We examine the patterns of media ownership in 97 countries around the world. We find that almost universally the largest media firms are owned by the government or by private families. Government ownership is more pervasive in broadcasting than in the printed media. Government ownership of the...
Persistent link: https://www.econbiz.de/10012470436
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Blind Tigers and Red-Tape Cocktails : Liquor Control and Homicide in Late-Nineteenth-Century South Carolina
Bodenhorn, Howard - 2016
In 1893 South Carolina prohibited the private manufacture, transportation, and sale of alcohol and established a state monopoly in wholesale and retail alcohol distribution. The combination of a market decline in the availability of alcohol, reduced variety, and monopoly pricing at...
Persistent link: https://www.econbiz.de/10012455700
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Differentiation Strategy and Market Deregulation : Local Telecommunication Entry in the Late 1990s
Greenstein, Shane - 2003
The authors examine the role of differentiation strategies for entry behavior in markets for local telecommunication services in the late 1990s. Whereas the prior literature has used models of interaction among homogenous firms, this research is motivated by the claim of entrants that they...
Persistent link: https://www.econbiz.de/10012468937
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From Bismarck to Maastricht : The March to European Union and the Labor Compact
Krueger, Alan B. - 2000
This paper considers the likely impact that European Union (EU) will have on the labor compact. It is argued that, despite increased economic integration in Europe, countries will still be able to maintain distinct labor practices if they are willing to bear the cost of those practices. The...
Persistent link: https://www.econbiz.de/10012471320
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Has the European Union Achieved a Single Pharmaceutical Market?
Timur, Aysegul - 2010
This paper explores price differences in the European Union (EU) pharmaceutical market, the EU's fifth largest industry. With the aim of enhancing quality of life along with industry competitiveness and R&D capability, many EU directives have been adopted to achieve a single EU-wide...
Persistent link: https://www.econbiz.de/10012462395