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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
In models of political economy, institutionalization of free and open elections is presented as infusing competition … democratic regime and contributed to the demise of the country. I argue that nobles' democracy emerged from competition between …
Persistent link: https://www.econbiz.de/10013063731
market players fervently hoped for a bigger market. The regulatory competition between the US and the EU is more replica of …
Persistent link: https://www.econbiz.de/10014218900
We study competition in the German interurban bus industry two years after its liberalization in January 2013. In … of market power by incumbents – and derive several recommendations to secure effective competition in the industry. …
Persistent link: https://www.econbiz.de/10011316405
We provide an empirical assessment of the German interurban bus industry two years after its deregulation in January 2013. In addition to a general description of key developments of the industry, we use a unique route-level price data set to study both competitive interaction in general and the...
Persistent link: https://www.econbiz.de/10011316417
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
that are more effective at preventing outsider's entry and at mitigating price competition lead to less patenting. We test … restrict entry and price competition. We show that guilds which originated from medieval religious confraternities were more … likely to regulate entry and competition, and that the effect on patenting is robust to instrumenting guild statutes with …
Persistent link: https://www.econbiz.de/10011717162
monopoly basis, competition does play a key role on routes with a sufficiently large base of (potential) customers. From a … 24 years old and the presence of intermodal competition by intercity railway services. …
Persistent link: https://www.econbiz.de/10011739013
We address the role that deep, structural factors may have as determinants of Mexico's economic growth. We argue that Mexico's poor growth performance appears to be associated not only with shorter-run events such as the "lost decade" of the eighties, but also with supply-side features of the...
Persistent link: https://www.econbiz.de/10003909564
sector regulators in network industries and the powers of the Competition Authority can still be enhanced, as the reform …
Persistent link: https://www.econbiz.de/10010375394