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Article underscores the dark side of both phenomena by focusing on the anti-competitive features of regulation and reform and …
Persistent link: https://www.econbiz.de/10010328811
Article underscores the dark side of both phenomena by focusing on the anti-competitive features of regulation and reform and …
Persistent link: https://www.econbiz.de/10010877637
Persistent link: https://www.econbiz.de/10009666665
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We consider the dynamic relationship between product market entry regulation and equilibrium unemployment. The main … high-regulation European regime to a low-regulation Anglo-American one. Our quantitative analysis suggests that under … individual bargaining, no more than half a percentage point of European unemployment rates can be attributed to entry regulation. …
Persistent link: https://www.econbiz.de/10011397731
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There is evidence that pro-competitive reforms in an industry with large incumbents induce the latter to re-organise and reduce prices in an attempt to deter entry of new competitors. Using data for three broadly-defined network industries in 23 OECD countries and covering over 30 years, I show...
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