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to initiate adequate investment incentives. Using a two-equation estimation approach, a direct competition effect (more … service competition increases the supply of infrastructure) can be disentangled from an indirect effect (more service … competition increases the demand for infrastructure quality and, as a consequence, increases the supply of infrastructure). While …
Persistent link: https://www.econbiz.de/10008701353
This paper investigates whether high borrowing costs deterred investment in sanitation infrastructure in late nineteenth-century Britain. Town councils had to borrow to fund investment, with considerable variation in interest rates across towns and over time. Panel regressions, using annual data...
Persistent link: https://www.econbiz.de/10012820694
We analyze the relationship between institutional quality and firm efficiency. Using rich data on firms in the European Union between 2005 and 2012, we show that high institutional quality lowers the share of persistently inefficiently used assets. The adverse effect of low institutional quality...
Persistent link: https://www.econbiz.de/10011375699
Poland has significantly upgraded its infrastructure network over the past decade. However, bottlenecks still weigh on productivity growth and environmental and health outcomes. The EU 2014-20 programming period is an opportunity to improve the management of infrastructure investment. In the...
Persistent link: https://www.econbiz.de/10011577776
This paper examines the relationship between infrastructure investment activity, capital market development, the role of public institutions and economic development in the Asia Pacific. It adopts a review approach drawing on empirical evidence over recent decades. Infrastructure is shown to be...
Persistent link: https://www.econbiz.de/10011649314
This paper advances a dynamic rationale for competitiveness policy that focuses on an economy's ability to evolve in order to achieve high real incomes along with desired qualitative changes in the socio-economic system. It highlights that the ubiquitous 'rationalities of failure,' either of...
Persistent link: https://www.econbiz.de/10014321507
for bolstering investments and exports in Greece. We investigate the areas of licensing, competition, professions, land …
Persistent link: https://www.econbiz.de/10011498264
This paper analyses whether competition law can help to solve problems of access to data and interoperability in IoT … this device). Such a gatekeeper position can lead to the elimination of competition for after-market and other … paper analyses, in particular, the competition rules about abusive behavior of dominant firms (Art. 102 TFEU) and of firms …
Persistent link: https://www.econbiz.de/10012061114
Technical innovation has bestowed us with an abundance of channels for audiovisual media providers. More and more platforms for distributing content have become available. Cable and satellite systems have significantly increased their capacity in recent years. The quality of IPTV (Television...
Persistent link: https://www.econbiz.de/10008738335