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Appropriately designed Product Market Regulation (PMR) is essential to enhance productivity, boost economic growth and … increase welfare. Regulation is needed to address market failures and guarantee the health and safety of consumers. However, by … resources both within and across industries. This paper provides a detailed review of PMR in Indonesia and analyses the country …
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"Prices versus quantities" (Weitzman 1974), a hugely influential paper, is widely cited (and taught) in current debates about the best policy to reduce greenhouse gas emissions. The paper's criterion for ranking policies suggests that technological uncertainty favors taxes over cap and trade....
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