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The exemption for Value Added Taxation (VAT) can be used to pursue distributive objectives. Goods like food, housing, medicine, or infrastructure services (water, telecommunication, postal) are very often partially or totally exempted from VAT. The exemption of infrastructure services had been...
Persistent link: https://www.econbiz.de/10010286613
A fully unbundled, regulated network firm of unknown efficiency level can undertake unobservable effort to increase the likelihood of low downstream prices, e.g., by facilitating downstream competition. To incentivize such effort, the regulator can use an incentive scheme paying transfers to the...
Persistent link: https://www.econbiz.de/10010286712
We develop a simple model of banking regulation with two policy instruments: minimum capital requirements and supervision of domestic banks. The regulator faces a trade-off: high capital requirements cause a drop in the banks'; profitability, while strict supervision reduces the scope of...
Persistent link: https://www.econbiz.de/10010288239
Under an open access policy, incumbent broadband providers in all EU countries are required to let new market entrants access their networks through bitstream or local loop unbundling (LLU). This type of regulatory provision aims to increase competition among all broadband providers, and is...
Persistent link: https://www.econbiz.de/10011505950
In allen EU-Ländern sind die ehemals monopolistischen Breitbandanbieter im Rahmen einer Open-Access-Politik verpflichtet, neuen Anbietern über sogenannten Bitstrom oder die Entbündelung der TeilnehmerInnenanschlussleitung (Local Loop Unbundling, LLU) Zugang zu ihren Netzen zu gewähren. Diese...
Persistent link: https://www.econbiz.de/10011506030
Um die Verteilung der Kosten der Energiewende wird eine intensive politische Debatte geführt. Diese beruht darauf, dass eine zunehmende Divergenz der Netztarife zwischen den Bundesländern zu beobachten ist. In der Tarifspreizung wird eine ungerechte Lastenverteilung der Kosten der Energiewende...
Persistent link: https://www.econbiz.de/10012158416
This paper analyses how different types of access regulation to next generation networks affect investments and consumer welfare. The model consists of an investment stage with uncertain returns and subsequent quantity competition. The access price is a function of investment costs and the...
Persistent link: https://www.econbiz.de/10003860957
Several decades of market opening has become a characteristic of network industries. Its main hindrances and aids has come into sight during this period. There is a need now to evaluate the process of market opening and to assess the steps to be taken. Market opening is usually measured by...
Persistent link: https://www.econbiz.de/10008668701
The exemption for Value Added Taxation (VAT) can be used to pursue distributive objectives. Goods like food, housing, medicine, or infrastructure services (water, telecommunication, postal) are very often partially or totally exempted from VAT. The exemption of infrastructure services had been...
Persistent link: https://www.econbiz.de/10008907714
A fully unbundled, regulated network firm of unknown efficiency level can untertake unobservable effort to increase the likelihood of low downstream prices, e.g. by facilitating downstream competition. To incentivize such effort, the regulator can use an incentive scheme paying transfers to the...
Persistent link: https://www.econbiz.de/10003965103