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, centering on market definition and the nature and strength of indirect network effects. In today’s rapidly evolving regulatory … the value to all again. This positive feedback, known as the “network effect,” creates a virtuous circle and could …. Hence, the strength of the network effect influences the pricing strategy of the platform as a whole, potentially creating …
Persistent link: https://www.econbiz.de/10013324411
Simplified tax regimes reduce both tax rates and compliance costs for small firms. On the one hand, these regimes increase the number of businesses formally registered and have the potential of also expanding the safety net when they subsidize the contributions to social security of workers in...
Persistent link: https://www.econbiz.de/10011992057
Governments often pursue procyclical fiscal policies, even though they reduce voter welfare. Is this because voters actually prefer procyclical policies? The analysis in this paper exploits the first individual-level evidence from an original survey of 12,000 respondents in 8 countries across...
Persistent link: https://www.econbiz.de/10014460802
Persistent link: https://www.econbiz.de/10003283393
Railways were one of the main engines of the Latin American trade boom before 1914. Railway construction often required … trade-related, this generated a two-way feedback between government revenues and railways with a potential for multiple …
Persistent link: https://www.econbiz.de/10013075466
This paper reviews the Latin American experience with highway privatization during the last decade. Based on evidence from Argentina, Colombia and Chile, we find that private financing of new highways freed up fewer public resources than expected because public funds were often diverted to bail...
Persistent link: https://www.econbiz.de/10010369235
This study computes measures of the degree of independence in practice of telecommunications regulators for Latin American and Caribbean countries in a new data set for 23 countries between 1990 and 2004. We focus on the degree to which governments are able to commit to preserve regulator...
Persistent link: https://www.econbiz.de/10013058406
regulation. South American electricity regulators can reduce this information asymmetry by increasing international coordination …
Persistent link: https://www.econbiz.de/10012751038
This paper reviews the Latin American experience with highway privatization during the last decade. Based on evidence from Argentina, Colombia and Chile, we find that private financing of new highways freed up fewer public resources than expected because public funds were often diverted to bail...
Persistent link: https://www.econbiz.de/10011612538
independence, which improve upon the measures of independence that have been used so far in the empirical regulation literature. We … of independence on network penetration …
Persistent link: https://www.econbiz.de/10014148425