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entails costs to society, such regulation actually helps create useful commitment for banks to avoid the inefficiently high …
Persistent link: https://www.econbiz.de/10011977827
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
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
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. …
Persistent link: https://www.econbiz.de/10012304414
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
consumer welfare. The model consists of an investment stage with uncertain returns and subsequent quantity competition. The …
Persistent link: https://www.econbiz.de/10003860957
rate competition and increases the banks price setting power as shown in Schliephake and Kirstein (2013). This paper … the enhanced price setting power can reverse the net effect that capital requirements have under perfect competition. …
Persistent link: https://www.econbiz.de/10010486698
Private operation of port facilities is becoming increasingly common worldwide and many governments consider the privatization of public ports as a policy option. We investigate the effect of port privatization in a setting with two ports located in different countries, serving their home market...
Persistent link: https://www.econbiz.de/10010190793
This review examines the literature on the role of infrastructure in determining the productivity and competitiveness of firms. It shows that the existing evidence base is clear in concluding that reliable and high-quality infrastructure is a crucial foundation for enabling businesses to thrive....
Persistent link: https://www.econbiz.de/10012052043