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The purpose of this study is to analyze the cost efficiency of electricity distribution systems in order to enable … regulatory authorities to establish price- or revenue cap regulation regimes. The increasing use of efficiency analysis in the … last decades has raised serious concerns among regulators and companies regarding the reliability of efficiency estimates …
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economic rents we are able to develop a more general theory comprising central aspects of research within the fields of …
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In this paper entrepreneurs are defined as agents who bring about economic change by combining their own effort with other factors of production in search of economic rents. The institutional setup is argued to determine both the supply and direction of entrepreneurial activity. Four key...
Persistent link: https://www.econbiz.de/10010320095
In this introductory chapter to a collective volume dealing with the political economy of entrepreneurship,* we argue, based on a suggested unifying framework, that political economy is a fruitful approach to entrepreneurship. The importance of institutions in structuring such an analysis is...
Persistent link: https://www.econbiz.de/10010320110
and control of access to loads by large brokers continue to negatively affect competition and efficiency. …
Persistent link: https://www.econbiz.de/10011654039
Rapid urbanization and rising income levels in Southern Africa have increased the consumption of perishable and processed food products. This paper relies primarily on firm-level interview data to assess competition and bottlenecks in transporting time-sensitive perishable products across...
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