This report examines mass-market broadband access and take-up, analyzing the current and prospective level of competition and drawing implications for public policy. The report was commissioned by The Brussels Round Table, a forum for leading European telecommunication operators and equipment...

This thesis addresses a problem at the nexus of operations, strategy, and economics: in concentrated markets, on the one hand firms may need to expand capacity in order to improve their competitive position, and on the other they also seek to avoid industry excess capacity causing poor industry...

Prominent theories link political changes in seventeenth century England with greater security of property rights and less regulation. This paper informs these theories by studying the supply and enforcement of monopoly rights to improve roads and rivers between 1600 and 1750. The evidence shows...

Poland’s productivity has grown strongly over the past decade, and efforts to reduce the regulatory burden have been significant. Despite impressive progress, product market regulation remains more burdensome than in most OECD countries, partly due to the importance of red tape and the level...

We examine the impacts of China’s unconventional emission trading system (ETS), a rate-based tradable performance standard (TPS), on firm competitiveness. Our analysis takes advantage of the quasi-natural experiment created by China's regional ETS pilots and firm-level data on innovation and...

Using China’s regional carbon market pilots as a natural experiment, we examine the impacts of the emission trading system (ETS) on firms’ innovation and competitiveness. We show that the ETS directs innovation towards climate-friendly technologies; it increases the climate patent ratio by...

Major changes in technology and in regulation led to the proliferation of and willingness to pay for new communication services The changes in technology enabled the changes in regulation, both through the ability to increase supply and quality, but because technological change opened the...