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The EU agenda for improving competitiveness is missing in action. Economic competitiveness has been a central plank in the development of the European Union - a relentless quest for policies that lead to more prosperity and that make European companies in world markets more successful. However,...
Persistent link: https://www.econbiz.de/10014560176
doctrine was developed in antitrust, it became a frequently cited notion in the regulation of network utilities. Its relevance … the doctrine in competition polcy and regulation in the EU and Hungary. The next section is devoted to the controversies …
Persistent link: https://www.econbiz.de/10010494409
-of-return regulation is generally thought to result in overinvestment, while incentive regulation is believed to entail underinvestment …. Yet, previous empirical work has generally found that the introduction of incentive regulation has not systematically …-of-return regulation because investment decisions (what can be included in the rate base) are usually evaluated in a discretionary manner …
Persistent link: https://www.econbiz.de/10010273816
Persistent link: https://www.econbiz.de/10011601965
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/10011325118
This paper analyses simultaneous regulation of cost and quality when firms have private, correlated information about …
Persistent link: https://www.econbiz.de/10010334894
The paper discusses the respective roles of competition policy and sector-specific regulation for industries such as … when competition policy and to sector-specific regulation apply to a given industry at the same time. The discussion refers … parts of the industry should be subject to regulation, and (iii) the recent cases in the telecommunications and postal …
Persistent link: https://www.econbiz.de/10010331065
reform. After a brief description of the analytical underpinnings of competition policy and regulation the paper reviews the … present state of competition and regulation in Philippine ports and inter-island shipping to identify emerging issues that …
Persistent link: https://www.econbiz.de/10011429795
Following the global trend in using private sector participation in infrastructure financing and development, the Philippines has largely utilized privatization as a major approach to the development of infrastructure, particularly in power, water, transport, and telecommunications sectors. To...
Persistent link: https://www.econbiz.de/10011429807