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. Competition has an important role to play in achieving such gains. However, Korea’s development strategy has tended to weaken … competition and has left a legacy of government intervention. Strengthening competition requires upgrading competition policy …, increasing openness to international trade and foreign direct investment and improving the regulatory framework in network …
Persistent link: https://www.econbiz.de/10012444204
. These allow accounting for both the direct effects of sectoral regulation on within-sector performance and the indirect … effects of sectoral regulation on firms in other sectors through intersectoral input-output linkages. Our econometric … at the global technological frontier and a catch up term. We assume that regulation can affect productivity growth both …
Persistent link: https://www.econbiz.de/10009230693
. These allow accounting for both the direct effects of sectoral regulation on within-sector performance and the indirect … effects of sectoral regulation on firms in other sectors through intersectoral input-output linkages. Our econometric … at the global technological frontier and a catch up term. We assume that regulation can affect productivity growth both …
Persistent link: https://www.econbiz.de/10013129907
assessment considers three categories of barriers to entry namely, access to facilities, the slow pace of regulation and …, there is still a long way to go. The research finds that entry has a positive impact on competition outcomes and that there … there is considerable scope the incumbent operators' market power, including through stronger regulation of network open …
Persistent link: https://www.econbiz.de/10012979676
, particularly in professional services. In network industries, competition has largely been absent in the electricity sector. While …This paper examines the strength of product market competition and economic performance in Canada and discusses way in … which the institutional framework governing competition policy could be improved. Competitive forces are comparatively …
Persistent link: https://www.econbiz.de/10012444013
Empirical work shows that competition is important for promoting economic growth. However, in Japan the promotion of … competition has long been compromised by ministerial guidance and exemptions from the competition law. Thus, the level and growth … Japanese economy had difficulty in coming out of the quasi-stagnation of the past decade. Recognising that gains from more pro-competition …
Persistent link: https://www.econbiz.de/10012444046
competition is important for promoting economic growth. Recognising the benefits of competition, the government wants to introduce … regulatory reforms to stimulate economic growth. However, the promotion of competition has often conflicted with other policy … competition in a number of sectors, resulting in high prices, weak innovative activity and inefficient resource allocation …
Persistent link: https://www.econbiz.de/10012444401
sector regulators to improve non-discriminatory third-party access and other aspects of competition in the network industries …. Available cross-country evidence suggests that enhancing competition is an important means to improve economic performance …. France is catching up with best practice in competition policy reform. However, other policy considerations often hamper the …
Persistent link: https://www.econbiz.de/10012445441
The role of remittances in development and economic growth is not well understood. This is partly because the literatures on the causes and effects of remittances remain separate. We develop a framework that links the motivation for remittances with their effect on economic activity. Because...
Persistent link: https://www.econbiz.de/10013317778
We investigate the provision of public capital in an endogenous growth model with asymmetric information. In a credit market with costly screening, we show that the equilibrium contracts are characterized by the self-selection of borrowers. Through identifying an additional adverse effect of...
Persistent link: https://www.econbiz.de/10014067345