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We developed a technical efficiency analysis of container ports in Latin America and the Caribbean using an input-oriented stochastic frontier model. We employed a 10-year panel with data on container throughput, port terminal area, berth length, and number of available cranes in 63 ports. The...
Persistent link: https://www.econbiz.de/10011286279
This paper develops a port productivity and efficiency analysis of all developing regions between 2000 and 2010, using both parametric and nonparametric approaches. From a unique dataset -our sample covers 70 developing countries, 203 ports, and 1,750 data points-, we carry out an analysis of...
Persistent link: https://www.econbiz.de/10011290068
market competition and regulation in addressing these concerns. Traditional (ex-post) antitrust intervention will be less …
Persistent link: https://www.econbiz.de/10012405498
all, in a sense to be made precise. -- Asymmetric Information ; Learning by Doing ; Regulation …
Persistent link: https://www.econbiz.de/10003892452
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
Today, the global pharmaceutical product value chain is becoming increasingly complex and this has led to the emergence of 'multiple quality standards' for medicines. But this non-uniformity in the quality of medicine is also contingent upon both the regulatory milieu in the country of...
Persistent link: https://www.econbiz.de/10011337690
; Agency ; Judges ; Regulation ; Electricity …
Persistent link: https://www.econbiz.de/10008772370
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
directly harm the voter, but those that do so slightly can be wasteful of public resources. Regulation produced by politicians …
Persistent link: https://www.econbiz.de/10013463792
In this article we analyse the effects of different regulatory schemes (price cap and profit sharing) on a firm's investment of endogenous size. Using a real option approach in continuous time, we show that profit sharing does not affect a firm's start-up decision relative to a pure price cap...
Persistent link: https://www.econbiz.de/10011592743