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Regulatory Competition and Cross-Fertilization in the US Banking Markets : A Tiebout Extension and Empirical Evidence
Tirtiroglu, Dogan - 2020
We incorporate arguments from the Tiebout model into the regulatory competition equilibrium and study cross-fertilization in the productivity growth of banks between those in a state and others in this state's neighboring states. Empirically, we focus on two time periods: before (i.e.,...
Persistent link: https://www.econbiz.de/10012856571
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Regulatory Competition and Cross-Fertilization in the US Banking Markets
Tirtiroglu, Dogan - 2014
We examine empirically cross-fertilization in the productivity growth of banks between a state and its neighboring and non-neighboring states before (1971-1977) and during (1982-1995) the interstate multibank holding company (IMBHC) deregulations, upon which, cross-border bank M&As, mainly among...
Persistent link: https://www.econbiz.de/10013053554
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Competition through cooperation? : the case of the German postal market
El Masri, Toufic M. - 2013 - This version: October 01, 2013
How can small and medium-sized German postal providers ensure nationwide geographical coverage without the aid of the former monopolist? A closer look at the industry revealed that postal providers in Germany engage in different types of cooperation in order to expand their geographical coverage...
Persistent link: https://www.econbiz.de/10010189578
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Product Market Regulation and Wage Premia in Europe and North-America : An Empirical Investigation
Jean, Sébastien; Nicoletti, Giuseppe - 2002
worker (age, sex, education and type of contract) in 12 European and North-American countries. The effects of regulation on … these wage premia are estimated by panel data regression techniques. We find that product market regulation restricting …
Persistent link: https://www.econbiz.de/10014120723
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Product Market Regulation and Wage Premia in Europe and North America : An Empirical Investigation
Jean, Sébastien - 2002
worker (age, sex, education and type of contract) in 12 European and North-American countries. The effects of regulation on … these wage premia are estimated by panel data regression techniques. We find that product market regulation restricting …
Persistent link: https://www.econbiz.de/10012445912
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The interplay between regulation and competitions : the case of universal service obligations
Hörnig, Steffen; Valletti, Tommaso M. - 2002
Regulators have long been aware of the social aspects of communication. In the past, regulated monopolists have provided Universal Service Obligations, typically funded via a system of cross-subsidies. In this paper, we first review the rationale for imposing Universal Service Obligations, based...
Persistent link: https://www.econbiz.de/10011409371
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Competition, regulation and institutional quality
Fabella, Raul V. - 2017
Regulation and competition policy are two alternative modalities by which the state intervenes in the market. In order … varieties of market failures and identify those for which regulation is best address (cooperation failures such as The Fishing … regulation in jurisdictions where institutions are weak. The reasons are: information intensity and asymmetry being greater with …
Persistent link: https://www.econbiz.de/10011635985
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Mergers between regulated firms with unknown efficiency gains
Fiocco, Raffaele; Guo, Gongyu - 2014
In an industry where regulated firms interact with unregulated suppliers, we investigate the welfare effects of a merger between regulated firms when cost synergies are uncertain before the merger and their realization becomes private information of the merged firm. The optimal merger policy...
Persistent link: https://www.econbiz.de/10010358241
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New competition in telecommunications markets : regulatory pricing principles
Bijl, Paul de; Peitz, Martin - 2002
difficult to achieve at the same time. In this paper, we consider price regulation in the retail and wholesale market and answer … access price regulation is an effective instrument to make the entrant and consumers better off. …
Persistent link: https://www.econbiz.de/10011409202
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Competition and regulation in a differentiated good market
Fiocco, Raffaele - 2011
complementarity. -- competition ; complementarity ; concentration ; regulation, separation, substitutability. …
Persistent link: https://www.econbiz.de/10009381768