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 …

investment. For the first case, we find that even absent asymmetric information, a lack of regulatory commitment can cause …

funding mix entails costs to society, such regulation actually helps create useful commitment for banks to avoid the …

entails costs to society, such regulation actually helps create useful commitment for banks to avoid the inefficiently high …

on competition, and therefore on business dynamism, productivity and ultimately well-being. A recent update of the OECD …. Regulatory reform can improve consumer welfare by boosting competition and thus lowering prices of key goods and services, which … competition will also allow higher wages. Reducing barriers to entry can facilitate firm creation, boosting investment and jobs. …

sector regulators in network industries and the powers of the Competition Authority can still be enhanced, as the reform …

consumer welfare. The model consists of an investment stage with uncertain returns and subsequent quantity competition. The …