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Supply and demand for telecommunication infrastructure
Veith, Tobias - 2010
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
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From Internal Taxes to National Regulation : Evidence from a French Wine Tax Reform at the turn of the Twentieth Century
Franck, Raphael; Johnson, Noel D.; Nye, John V. - 2013
The growth of the modern regulatory state is often explained in terms of an unambiguous increase in regulation driven by the actions of central governments. Contrary to this traditional narrative, we argue that governments often strove to weaken the autarkic tendencies of regional laws, thereby...
Persistent link: https://www.econbiz.de/10014192240
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Interest rates, sanitation infrastructure, and mortality decline in nineteenth-century England and Wales
Chapman, Jonathan - 2021
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
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Wohlstand und Regulierung: (k)ein entweder oder? - eine Replik
Schöbel, Enrico; Petersen, Lars - In: Wirtschaftsdienst 93 (2013) 4, pp. 267-269
In der Juniausgabe 2012 veröffentlichte der Wirtschaftsdienst einen Aufsatz mit dem Titel 'Regulierung, Bildung und Wohlstand - der IW-Regulierungsindex'. Enrico Schöbel und Lars Petersen setzen sich damit kritisch auseinander und Dominik H. Enste und Jochen Wicher erläutern ihren Standpunkt...
Persistent link: https://www.econbiz.de/10010516334
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Banking Deregulation and Innovation
Chava, Sudheer - 2015
We document empirical support for a key micro-level channel --- innovation by young, private firms --- through which financial sector deregulation affects economic growth. We find that intrastate banking deregulation, which increased the local market power of banks, decreased the level and risk...
Persistent link: https://www.econbiz.de/10013035909
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Wohlstand und Regulierung : (k)ein entweder oder? – eine Replik
Schöbel, Enrico; Petersen, Lars - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 93 (2013) 4, pp. 267-269
In der Juniausgabe 2012 veröffentlichte der Wirtschaftsdienst einen Aufsatz mit dem Titel „Regulierung, Bildung und Wohlstand – der IW-Regulierungsindex“. Enrico Schöbel und Lars Petersen setzen sich damit kritisch auseinander und Dominik H. Enste und Jochen Wicher erläutern ihren...
Persistent link: https://www.econbiz.de/10009742944
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Banking deregulation and innovation
Chava, Sudheer; Oettl, Alexander; Subramanian, Ajay; … - In: Journal of Financial Economics 109 (2013) 3, pp. 759-774
We document empirical support for a key micro-level channel—innovation by young, private firms—through which financial sector deregulation affects economic growth. We find that intrastate banking deregulation, which increased the local market power of banks, decreased the level and risk of...
Persistent link: https://www.econbiz.de/10011039238
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Legal Institutions, Innovation and Growth
Anderlini, Luca; Felli, Leonardo; Immordino, Giovanni; … - C.E.P.R. Discussion Papers - 2011
change is needed. The rigid system is preferable at early stages of technological development, when (lack of) commitment …
Persistent link: https://www.econbiz.de/10009148877
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Investment coordination in network industries : the case of electricity grid and electricity generation
Höffler, Felix; Wambach, Achim - 2013
investment. For the first case, we find that even absent asymmetric information, a lack of regulatory commitment can cause …
Persistent link: https://www.econbiz.de/10010190802
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Bank leverage, welfare, and regulation
Admati, Anat R.; Hellwig, Martin - 2018
funding mix entails costs to society, such regulation actually helps create useful commitment for banks to avoid the …
Persistent link: https://www.econbiz.de/10011925841