Showing 1 - 10 of 3,840
Our study aims at assessing the actual importance of the two main channels usually contemplated in the literature through which upstream sector anticompetitive regulations may impact productivity growth: business investments in R&D and in ICT. We thus precisely try to estimate what are the...
Persistent link: https://www.econbiz.de/10014154788
This paper reviews recent empirical evidence on privatisation in developing countries. Particular emphasis is placed on new areas of research such as the distributional impacts of privatisation. Overall, the literature now reflects a more cautious and nuanced evaluation of privatisation. Thus it...
Persistent link: https://www.econbiz.de/10011571943
This paper examines the impact of start-up regulations and institutional quality on the level of new business activity in a panel of 119 countries between 2001 and 2012. We find robust evidence that new business creation is significantly lower in countries with excessive barriers to entry, a...
Persistent link: https://www.econbiz.de/10012932206
This paper considers the impact of European telecom regulation on the value of affected companies. Employing a … repeating AR-GARCH model, I compare the effect of three types of regulation which are categorized based on the addressed subject …, i.e. cross-market, country-specific and company-specific regulation. While standard event study approaches are a special …
Persistent link: https://www.econbiz.de/10013135018
As part of the Single Market Program the European Commission commanded the liberalization and regulatory harmonization of utilities, transport and telecommunication services. This paper investigates whether and how this process affected the productivity of European network firms. Exploiting the...
Persistent link: https://www.econbiz.de/10013117179
We empirically assess whether a usually expected negative response of private consumption and private investment to a … there is a fiscal consolidation; iii) there is a crowding-in effect for private investment, from fiscal contractions …
Persistent link: https://www.econbiz.de/10012504460
This paper analyses how different tax policies can affect investment and productivity. To address this question the … differently by taxation. Investment is shown to respond negatively to an increase in the corporate tax rate and a decrease in …
Persistent link: https://www.econbiz.de/10012444789
Persistent link: https://www.econbiz.de/10012312982
Persistent link: https://www.econbiz.de/10012240494
. More competition-friendly regulations, as measured by the OECDs' Product Market Regulation (PMR) indicator improve economic … outcomes. Lower barriers to foreign trade and investment help MFP. Lower barriers to entry and less pervasive state control of … businesses boost the capital stock and the employment rate. No robust link between labour market regulation and MFP and capital …
Persistent link: https://www.econbiz.de/10011800715