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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
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
This paper presents an integrated overview of the literature linking institutions, financial development and economic growth. From the large body of research on institutional development, the paper first selects those contributions that make it possible to study the role of institutional...
Persistent link: https://www.econbiz.de/10011290078
The purpose of this paper is to establish a positive correlation between property rights and economic freedom. It seeks to demonstrate that property rights lead to economic freedom. From a purely theoretical perspective, it has been assumed that greater access to property rights leads to...
Persistent link: https://www.econbiz.de/10012437721
sector regulators in network industries and the powers of the Competition Authority can still be enhanced, as the reform …
Persistent link: https://www.econbiz.de/10010375394
We address the role that deep, structural factors may have as determinants of Mexico's economic growth. We argue that Mexico's poor growth performance appears to be associated not only with shorter-run events such as the "lost decade" of the eighties, but also with supply-side features of the...
Persistent link: https://www.econbiz.de/10003909564
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
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
considerations. They argue that important policy goals like universal service will not be achieved by competition. However, an … my article, I describe a new concept of public-private competition, according to which governments use state owned … possible to extend public-private competition from urban to rural areas, where markets are too small to sustain more than one …
Persistent link: https://www.econbiz.de/10008738339