Showing 1 - 8 of 8
Persistent link: https://www.econbiz.de/10012123606
This paper endogenizes the interplay between innovation by a regulated firm and regulatory delay. When product … innovation costs fall over time, an extra day of regulatory delay increases time to introduction by more than a day. In the … signaling model, the firm therefore times its innovation to communicate its private information about the marginal cost of delay …
Persistent link: https://www.econbiz.de/10010266380
I examine the effects of FCC regulation on the innovation and introduction of advanced telecommunications services in … the U.S. An interim of lighter regulation provides an experiment to test the regulatory regime''s impact on innovation …. The econometric model comprises an arrival process (for service innovation) followed by a duration process (for regulatory …
Persistent link: https://www.econbiz.de/10010318599
The effects that regulation has on the innovation and the introduction of new telecommunications services have not been … (RoRR) and under alternative regulation. The econometric model comprises an count process (for innovation) followed by a …
Persistent link: https://www.econbiz.de/10010318609
Economic institutions encompassing increasingly sophisticated concepts of risk-sharing and liability flourished in Europe since the High Middle Ages. These innovations occurred in an environment of fragmented local jurisdictions, not within the framework of the territorial state. In this short...
Persistent link: https://www.econbiz.de/10005870503
Persistent link: https://www.econbiz.de/10000573308
environmental regulation on innovation and on productivity generally in separate analyses and mostly focusing on the USA. The few … existing studies focusing on Europe investigate the effect of environmental regulation either on green innovation or on … performance indicators such as exports. We instead look at overall innovation and productivity impact that are the most relevant …
Persistent link: https://www.econbiz.de/10010413622
This paper examines the aggregate implications of size-dependent distortions. These regulations misallocate labor across firms and hence reduce aggregate productivity. It then considers a case-study of labor laws in France where firms that have 50 employees or more face substantially more...
Persistent link: https://www.econbiz.de/10011585845