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Analysing Productivity Changes Using the Bootstrapped Malmquist Approach: The Case of the Iranian Banking Industry
Arjomandi, Amir; Valadkhani, Abbas; Harvie, Charles - 2011
government regulation on the performance of the Iranian banking industry over the period 2003-2008. An alternative decomposition … comprehensive analysis of Iranian banking industry performance. While this approach is more appropriate than the traditional … Malmquist approach for banking efficiency studies, it has not previously been applied to any developing country’s banking system …
Persistent link: https://www.econbiz.de/10009457408
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Communications Regulation in the Age of Digital Convergence : Legal and Economic Perspectives
Krämer, Jan; Seifert, Stefan - 2009
industry. The contributions cover a great deal of the relevant topics in communications regulation, such as technological and …
Persistent link: https://www.econbiz.de/10009434608
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Telecommunications Regulation: An Introduction
Economides, Nicholas - NYU Stern School of Business - 2004
conjunctionwith the history of regulation and antitrust intervention in thetelecommunications sector. After discussing the impact of …
Persistent link: https://www.econbiz.de/10009435083
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A Retail Benchmarking Approach to Efficient Two-Way Access Pricing:Termination-Based Price Discrimination with Elastic Subscription Demand
Hurkens, Sjaak; Jeon, Doh-Shin - Universitat Pompeu Fabra; Universitat Pompeu Fabra - 2008
We study how access pricing affects network competition when consumers'subscription demand is elastic and networks compete with non-linearprices and can use termination-based price discrimination. In the caseof a fixed per minute termination charge, our model generalizes theresults of Gans and...
Persistent link: https://www.econbiz.de/10009435152
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Are Accounting Standards Diversifiable? Evidence of the Aggregate Valuation Effects of Standards
Jorgensen, Bjorn N.; Li, Jing; Sadka, Gil - 2009
Prior research documents that individual stock returns respond to earnings differently under new accounting standards, regulations, or changes in enforcement. This paper examines whether this result extends to the aggregate stock market. We take a macro perspective and study the properties of...
Persistent link: https://www.econbiz.de/10009441198
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Balance of power, certainty and discretion in the franchise relationship: An analysis of contractual terms
Spencer, Elizabeth C. - 2008
stated goals of the regulation of the franchise sector in Australia. Previous analysis has demonstrated that the market … Regulation of Franchising’.) …
Persistent link: https://www.econbiz.de/10009441788
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Does Competition Reduce Costs? Assessing the Impact of Regulatory Restructuring on U.S. Electric Generation Efficiency
Markiewicz, Karl; Rose, Nancy L; Wolfram, Catherine - 2004
This paper explores the empirical effects of competition on technical efficiency in the context of electricity industry restructuring. Restructuring programs adopted by many U.S. states made utilities residual claimants to cost savings and increased their exposure to competitive markets. We...
Persistent link: https://www.econbiz.de/10009441993
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Reliability and Competitive Electricity Markets
Joskow, Paul; Tirole, Jean - 2004
Deregulation of the electricity sector has resulted in conflict between the economic aims of creating competitive wholesale and retail markets, and an engineering focus on reliability of supply. The paper starts by deriving the optimal prices and investment program when there are...
Persistent link: https://www.econbiz.de/10009441997
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Deregulation and R&D in Network Industries: The Case of the Electricity Industry
Jamasb, Tooraj; Pollitt, Michael G - 2005
Electricity reform has coincided with a significant decline in energy R&D activities. Technical progress is crucial for tackling many energy and environmental issues as well as for long-term efficiency improvement. This paper reviews the industrial organisation literature on innovation to...
Persistent link: https://www.econbiz.de/10009442005
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Competition and contracts in the Nordic Residential Electricity Markets
Littlechild, Stephen C - 2005
outcomes that customers prefer. Without retail competition, it is not clear how regulation will replicate this aspect of the …
Persistent link: https://www.econbiz.de/10009442017