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impedes productivity more at higher levels of regulation. The analysis finds that there is a significant negative relationship … between corruption and firm productivity when regulation is high and an insignificant relationship when it is low. These …
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European civil service law has emerged as an independent law branch relatively recently. At the EU level there were three categories of rules that regulate the public employees' activity, according tothe treaty type that established one of the top three communities (ECSC, EEC, EURATOM)....
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mechanism and Shleifer's yardstick Regulation. Unfortunately, in practical applications of these simple mechanisms the regulated … regulator must be extremely well-informed if he wants to apply this sort of regulation: except for the actual realizations of a … regulated public utility. This is the main reason why in practice the simple $RPI - X$ regulation prevails. Finally, in this …
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