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The paper investigates the economic effects of major product market reforms in some of the historically most protected non-manufacturing industries. It relies on a unique mapping between new annual data on reform shocks and sector-level outcomes for five network industries (electricity and gas,...
Persistent link: https://www.econbiz.de/10012977853
We examine turbulence over the product life cycle using the lowest possible level of industry aggregation, allowing for the use of panel data to study the evolution of single product markets. We find that replacement of exiting firms by subsequent entry plays a primary role in generating...
Persistent link: https://www.econbiz.de/10012728886
This paper reviews recent studies on the links between competition, innovation and productivity growth in the long run …. From a long-run perspective, one can see that gains from competition-enhancing regulatory reform are likely to exceed … taking a dynamic perspective on competition and efficiency, one can also understand better the new modes of competition …
Persistent link: https://www.econbiz.de/10012446761
This paper reviews recent studies on the links between competition, innovation and productivity growth in the long run …. From a long-run perspective, one can see that gains from competition-enhancing regulatory reform are likely to exceed … taking a dynamic perspective on competition and efficiency, one can also understand better the new modes of competition …
Persistent link: https://www.econbiz.de/10014113850
Persistent link: https://www.econbiz.de/10013426949
Persistent link: https://www.econbiz.de/10002581582
Historically South Africa has favoured incumbents/national champions over rivalry (competition) in the … telecommunications sector. However, the importance of competition has become more apparent with each new development in the sector. Given … the changes in this dynamic sector it is important to evaluate progress on regulating for competition and the obstacles to …
Persistent link: https://www.econbiz.de/10012979676
The paper investigates the economic effects of major product market reforms in some of the historically most protected non-manufacturing industries. It relies on a unique mapping between new annual data on reform shocks and sector-level outcomes for five network industries (electricity and gas,...
Persistent link: https://www.econbiz.de/10011711479
Persistent link: https://www.econbiz.de/10001106228
Persistent link: https://www.econbiz.de/10009684817