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evidence. Without offsetting tax increases the legislation will plausibly reduce prices but significant entry into the industry …
Persistent link: https://www.econbiz.de/10010576066
competitor. We show that this mechanism is welfare improving but it generates inefficient entry. That is a more efficient …
Persistent link: https://www.econbiz.de/10004968359
We empirically quantify the welfare implications of bank entry in the United States between 2000 and 2008. We use a … market outcomes. We find no evidence for under- or over-entry. Compared with the socially efficient outcome, there is a mild … significantly improves welfare under free entry. …
Persistent link: https://www.econbiz.de/10010709493
Club goods are an important category of collective goods. However, unlike public goods, very few experiments address the issue of the provision of club goods, and no studies have specifically explored a field case. In this experiment, a membership fee is introduced to improve the successful...
Persistent link: https://www.econbiz.de/10011261631
In this paper we offer some reflections on the Cap reform process, starting from analysis of the objectives and the solidity of its two financial pillars. In the first part of the paper agricultural expenditure is re-classified on the basis of major Cap intervention typologies, showing how a...
Persistent link: https://www.econbiz.de/10008675772
, obtained through price control legislation and legislation that eases the entry of generic products into the market, has caused …
Persistent link: https://www.econbiz.de/10004995401
Persistent link: https://www.econbiz.de/10005037388
High prices and insufficient quality of care are observed in nursing homes in France. Reforms are currently under discussion, but governments are facing a dilemma : any measure of price cut is likely to affect quality and any improvement in quality would probably be inflationary. This work...
Persistent link: https://www.econbiz.de/10011074680
of foreign entry on the productivity growth of domestic firms. In the face of foreign entry, domestic firms exhibit …. Our empirical results confirm that foreign entry indeed generates strong heterogeneous growth patterns among domestic …
Persistent link: https://www.econbiz.de/10011259554
non-linear demand) in which entry increases efficiency is provided as well. …
Persistent link: https://www.econbiz.de/10005371163