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We show that stricter bank liquidity standards can trigger unintended credit booms when there is heterogeneity in interbank pricing power. Attempts to circumvent the regulation change the allocation of savings across institutions, eliciting strategic responses that also change the allocation of...
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Using a unique setting in China, where the geographic distance between Collective firms and local governments is highly persistent due to legal restrictions on land ownership and mobility, we investigate the role of government involvement in small firms. In the analysis of survey responses, we...
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difference on Russian market between domestic telecommunication equipment and imports from China and USA. The relevance of the … of telecommunication equipment manufacturing industry is studied, a model for computing the tax burden rate on domestic …
Persistent link: https://www.econbiz.de/10012438349
lowering barriers to foreign direct investment in services would also increase competition and enhance productivity growth …The extent of competition in product markets is an important determinant of economic growth in both developed and … to which China’s regulatory environment is supportive of competition in markets for goods and services. The results …
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–operate–transfer (BOT) concessions have been granted to attract foreign and private investment. Interest in the BOT scheme for power plant …
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Electricity generation from coal is still growing rapidly and energy scenarios from the IEA expect a possible increase from today's 1 600 GW of coal-fired power plants to over 2 600 GW until 2035. This trend will increase the lock-in of carbon intensive electricity sources, while IEA assessments...
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