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of competition and economic performance.<P>Régulation des services dans les pays de l'OCDE : évaluation et traits …Product market regulation in the non-manufacturing sectors of OECD countries: measurement and highlights This paper … describes a new set of indicators that measure differences in the regulation of non-manufacturing sectors of OECD countries over …
Persistent link: https://www.econbiz.de/10005045791
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10009367427
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10009359868
This paper explores consequences of consumer education on prices and welfare in retail financial markets when some consumers are naive about shrouded add-on prices and firms try to exploit it. Allowing for different information and pricing strategies we show that education is unlikely to push...
Persistent link: https://www.econbiz.de/10010982092
procedures, internationalisation needs to be fostered, and competition strengthened. In addition, the negative impact of the …
Persistent link: https://www.econbiz.de/10011276814
The heterogeneity of southern African countries offers the region a unique opportunity to exploit agricultural potential and trade opportunities through regional integration. We analyze the implications of such opportunities using a regional general equilibrium model. We find that growth in...
Persistent link: https://www.econbiz.de/10009391435
different regulatory frameworks and, in some cases, to a relatively elevated degree of regulation. Indices for air transport …
Persistent link: https://www.econbiz.de/10011277097
This issue of the Journal is devoted to physical integration in Latin America. The Editorial Committee set about designing the contents with a call for papers, which suggested topics and questions that focused on the subject while covering a broad spectrum. Regional physical integration is...
Persistent link: https://www.econbiz.de/10010587719
This article investigates the incentives to unbundle operations and infrastructure in the railway industry in a two-country model with international network effects from the viewpoint of national governments. The analysis shows that the decision to unbundle institutionally or organizationally...
Persistent link: https://www.econbiz.de/10011252627
In theory, X-factor regulation provides better incentives for cost reduction than previously widely-used rate …-of-return regulation. However, a deeper look into how this factor is effectively estimated shows the regulator enjoys a great deal of …
Persistent link: https://www.econbiz.de/10010744452