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Regulatory reform efforts in a broad range of industries have resulted in increased importance of competitive forces as a means to allocate resources and improve economic efficiency. A number of indicators suggest that such forces have been stronger in the United States than in most other OECD...
Persistent link: https://www.econbiz.de/10012444089
liberalisation, analyses the effect of ownership and governance structure by using a unique dataset of German electricity retailers … input choice. Ownership is controlled for in the law of motion for productivity. The results of the dataset used to validate … the model show that firm-level productivity did not increase after 2008 and that ownership had no effect on productivity …
Persistent link: https://www.econbiz.de/10011392296
This paper studies the innovation response of upstream technology suppliers when their downstream technology buyers … transition from regulation to product market competition. First, we develop a theoretical framework that models this particular … for innovation, we identify two channels through which the effects of deregulation are transmitted to innovation: (a) the …
Persistent link: https://www.econbiz.de/10012749984
How does policy affect innovation and the digital economy? We revisit how standard product market regulation affects … innovation and develop a novel framework for thinking about digital regulation. Using new establishment-level micro-data across … innovation activities. These declines are a result of product market regulation on the incentives to invest in in-house R&D and …
Persistent link: https://www.econbiz.de/10012849695
performance ; information ; transparency ; regulation …
Persistent link: https://www.econbiz.de/10009745912
coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 …
Persistent link: https://www.econbiz.de/10010423547
policy debate on interconnector expansion and studies two particular points. First, the effects of network regulation on the …
Persistent link: https://www.econbiz.de/10011797725
We review the recent empirical research concerning market power on the Nordic wholesale market for electricity, Nord Pool. There is no evidence of blatant and systematic exploitation of system level market power on Nord Pool. However, generation companies seem from time to time able to take...
Persistent link: https://www.econbiz.de/10003766688
For quite a long time, network industries used to be regarded as (natural) monopolies. This was due to these industries having some special characteristics. Network externalities and economies of scale in particular justified the (natural) monopoly thesis. Recently, however, a trend towards...
Persistent link: https://www.econbiz.de/10003285766
natural gas markets and presents the changes due to liberalisation. -- regulation and liberalisation in energy supply …
Persistent link: https://www.econbiz.de/10008665483