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The economic crisis in the early 1990s prompted action on reforming the Swedish welfare state and its institutions, including deregulation of a wide range of product markets. In that way, Sweden took early action compared to other OECD countries currently struggling with how to make public...
Persistent link: https://www.econbiz.de/10012444481
Using comprehensive loan-level data in China, we investigate how the deregulation on bank entry barriers alters local banking industrial organization and its economic consequences. We document a novel trade-off: the potential benefits of deregulation are adversely mitigated by entrant banks'...
Persistent link: https://www.econbiz.de/10012900427
Although entry regulation is ubiquitous across countries, comprehensive evaluations on the broad impacts of such …
Persistent link: https://www.econbiz.de/10013291050
Using comprehensive loan-level data in China, we investigate how the deregulation on bank entry barriers alters local banking industrial organisation and its economic consequences. We document a novel trade-off: the potential benefits of deregulation are adversely mitigated by entrant banks’...
Persistent link: https://www.econbiz.de/10013313377
The paper examines the current state of competition in a number of sectors that are important for the economy. Because of the country’s small size and isolation, the analysis focuses on barriers to entry, investment and external trade, rather than some standard indicators of competition...
Persistent link: https://www.econbiz.de/10012444441
The OECD Growth Study and other empirical work have shown that the strength of competition in product markets plays an important role in the economic growth process as well as contributing to a more efficient allocation of resources in a static sense. More intense competition is likely to...
Persistent link: https://www.econbiz.de/10012445025
This study takes a comprehensive look at the overall flexibility of regulatory governance in Korea, including the design, implementation, and monitoring of the many issues surrounding regulatory reform that stand in the way of innovation growth. Based on the findings of the analysis, the paper...
Persistent link: https://www.econbiz.de/10014263111
The aim of our exercise is to analyze the effects of anti-competitive service regulation on economic performance in … to construct series of data capturing the policy progresses, we refer to the OECD sectoral regulation indicator (ECTR and … (27 sectors). The analysis sheds a new light on the issue of endogeneity between the regulation and the industrial …
Persistent link: https://www.econbiz.de/10013104800
The aim of our exercise is to analyze the effects of anti-competitive service regulation on economic performance in … to construct series of data capturing the policy progresses, we refer to the OECD sectoral regulation indicator (ECTR and … (27 sectors). The analysis sheds a new light on the issue of endogeneity between the regulation and the industrial …
Persistent link: https://www.econbiz.de/10013105259
We develop a two-sector growth model of vertical structure in which the upstream sector features Cournot competition and produces intermediate goods that are used in the downstream sector for the production of final goods. In such a vertical structure, we show that deregulation and increased...
Persistent link: https://www.econbiz.de/10012823217