Showing 1 - 10 of 1,297
account key institutional features of EU public utilities, such as: a) regulation by agencies with various degrees of …
Persistent link: https://www.econbiz.de/10008729094
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We investigate how various institutional settings affect a network provider’s incentives to invest in infrastructure quality. Under reasonable assumptions on demand, investment incentives turn out to be smaller under vertical separation than under vertical integration, though we also provide...
Persistent link: https://www.econbiz.de/10001729423
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Many recent studies have looked at the macroeconomic, cultural and institutional determinants of corruption at the cross-national level. This study complements these existing cross-country studies by focusing on firm-level evidence of microeconomic factors affecting bribes paid in a single...
Persistent link: https://www.econbiz.de/10011597961
transport sector of the world's economies, which in its turn reflects the strategic dominance of transport within economies. The …
Persistent link: https://www.econbiz.de/10011606734
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We study the regulation of a firm which supplies a regulated service while also operating in a competitive, unregulated … (with price and quantity competition) and optimal regulation that involves an informational externality to the competitors …. Although joint conduct of the activities generates scope economies, it also entails private information, so that regulation is …
Persistent link: https://www.econbiz.de/10008811378
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Critics of privatization argue that poor labor force restructuring is a key concern and that governments should … establish better retrenchment programs. Using new data from arandom sample of 400 companies in the world, we test competing … owners after privatization. Our results show that adverse selection plagues retrenchment programs carried out by governments …
Persistent link: https://www.econbiz.de/10011598290