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significantly affect competition. Finally, using the estimation results, it is show that the public policy, which consisted of … ratio methodology from Bresnahan and Reiss (1991), which allows estimation even when the range of products under examination … coverage exists. Moreover, it is found that a second entrant in this market strongly increases competition, while further entry …
Persistent link: https://www.econbiz.de/10011259798
at the retail level. A rapid price decline and a decline in revenues followed. Increased retail competition consequently … Switzerland) continued to have partially binding retail price regulation. More than a decade after liberalisation and the … dominant firm. A system of simultaneous equations is developed and direct estimation of the incumbent‟s residual demand …
Persistent link: https://www.econbiz.de/10011259890
in various sectors of the Danish economy. It looks at a number of indicators of the strength of competition — including … competition legislation framework. The paper then focuses on the large public sector, which has been slow to open up to … competition, partly because of regulatory restrictions but also because some local governments are too small to handle tenders and …
Persistent link: https://www.econbiz.de/10005045968
Vigorous product market competition plays a central role in bolstering productivity growth. Sweden has strengthened … competition legislation and deregulated a number of sectors, including electricity, telecommunications and parts of transport …, over the past 10 to 15 years. This paper examines the current state of product market competition and proposes further …
Persistent link: https://www.econbiz.de/10005046218
This paper examines problems of entry, exit and competition in Ukrainian product markets. It finds that Ukraine still … increased competition and further privatisation, for productivity growth in Ukraine. This paper relates to the 2007 Economic …
Persistent link: https://www.econbiz.de/10005045917
national regulatory authorities (NRAs) was whether to foster service-based competition in the first phase of liberalisation or … to focus on infrastructurebased competition. The different NRAs chose to head down different roads. This paper analyses … indicates that infrastructure-based competition has a positive effect on innovation. Moreover, infrastructure-based competition …
Persistent link: https://www.econbiz.de/10005786938
Is the United States in full retreat from internationally recognized regulatory best practice? Or is it instead headed toward some different destination – "dancing to the beat of a different drummer"? Where is this likely to lead?
Persistent link: https://www.econbiz.de/10005616666
The setting of user prices for enterprises with large fixed costs and marginal costs below average costs – “natural monopolies” – raises important policy questions regarding both efficiency and equity. It has become well accepted among economists that, in a variety of settings, welfare...
Persistent link: https://www.econbiz.de/10005076868
can exploit this effect to relax competition through information exchange and analyse the role of advertising in such …
Persistent link: https://www.econbiz.de/10005791781
This paper studies the role of the failing firm defense (FFD) concept in merger control in a Cournot setting where: (i) endogenous mergers are motivated by prospective efficiency gains; and (ii) mergers must be submitted to an Antitrust Authority which might require partial divestiture for...
Persistent link: https://www.econbiz.de/10011084654