Showing 1 - 10 of 2,083
We examine how vertical separation affects the lobbying activities for the access charge of essential facilities. First, when investigating a model where the number of new entrants is fixed, we find that vertical separation either increases or decreases the access charge, and that this depends...
Persistent link: https://www.econbiz.de/10010332302
We examine incentives of bottleneck facility holders to manipulate access charge accounting in free entry downstream …
Persistent link: https://www.econbiz.de/10010332450
Persistent link: https://www.econbiz.de/10012320671
combining the time needed to comply with government entry procedures in 45 countries with industry-level data on employment … takes less time to register new businesses have seen more entry in industries that experienced expansionary global demand … country–or group of countries with similar entry regulations–will in general yield biased results. …
Persistent link: https://www.econbiz.de/10011604804
be expected to have a positive impact on productivity, thereby making entry (or contestability of markets) desirable …. Traditional research in the context of entry has explored the strategic reactions of incumbent firms when threatened by the … possibility of entry. However, following De Soto (1989), there has been increasing emphasis on regulatory and institutional …
Persistent link: https://www.econbiz.de/10010267353
We model entry by entrepreneurs into new markets in developing economies with regulatory barriers in the form of … licence fees and bureaucratic delay. Because laissez faire leads to 'excessive' entry, a licence fee can increase welfare by … discouraging entry. However, in the presence of a licence fee, bureaucratic delay creates a strategic opportunity, which can result …
Persistent link: https://www.econbiz.de/10010267763
We model entry by entrepreneurs into new markets in developing economies with regulatory barriers in the form of … licence fees and bureaucratic delay. Because laissez faire leads to 'excessive' entry, a licence fee can increase welfare by … discouraging entry. However, in the presence of a licence fee, bureaucratic delay creates a strategic opportunity, which can result …
Persistent link: https://www.econbiz.de/10011470763
Under ex ante access regulation entrants often claim that access fees are excessive. I show that this is only the case … if further entry is admitted. If the entrant is protected from further entry it would agree with the incumbent upon a … strictly positive access fee which may exceed the efficient level. Ex post regulation facilitates this type of collusion and …
Persistent link: https://www.econbiz.de/10010298680
This paper questions whether competition can replace sector-specific regulation of mobile telecommunications. We show …
Persistent link: https://www.econbiz.de/10010320053
of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by … acquisition relative to entry. A policy enforcing strict compatibility leads to more entry, but can be counterproductive by …
Persistent link: https://www.econbiz.de/10010320239