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This paper discusses several competition issues that have emerged in the Latin American rail industry after the recent … restructuring experiences started during the 1990s. The analysis focuses on Brazil and Mexico providing a brief account of the main … characteristics of the concessioning process in each of these two countries. The relevant competition issues are then analyzed from a …
Persistent link: https://www.econbiz.de/10005434989
The literature on the East Asian crisis has concentrated almost exclusively on the five crisis-hit economies of Indonesia, Korea, Malaysia, Thailand and the Philippines (Asia-5). Relatively scant attention has been paid to the "twin cities" of Hong Kong and Singapore, both of which also suffered...
Persistent link: https://www.econbiz.de/10005435849
We extend Bresnahan and Reiss’s (1991) model of local oligopoly to allow firm entry and exit over time. In our framework, entrants have to incur sunk costs in order to enter a market. After becoming incumbents, they disregard these entry costs in deciding whether to continue operating or to...
Persistent link: https://www.econbiz.de/10005437569
mixed competition in the health care industry to show that, even when these four conditions do not hold, not …
Persistent link: https://www.econbiz.de/10005437868
dynamic competition. A nine-category taxonomy of long-run persistence stereotypes is developed. Structural time series …
Persistent link: https://www.econbiz.de/10005437918
We analyze competition between two horizontally differentiated network providers. New technologies help the providers …
Persistent link: https://www.econbiz.de/10005437924
to 2003. I find that the divergence is mainly explained by changes in law and regulation enhancing competition. In … addition, the general level of competition is positively related with stock market development. Competition causes a decrease …
Persistent link: https://www.econbiz.de/10005438015
of developing professional skills, greater competition and the application, through regulation, of appropriate incentives …
Persistent link: https://www.econbiz.de/10005438440
It is the government’s role in the science and technology sector to foster cooperation between government, academe and industries; establish a competitive science research funding mechanism; promote the development of science and technology manpower; and establish a system to monitor, assess...
Persistent link: https://www.econbiz.de/10005439633
Not all industries in post-socialist countries are appropriate targets for demonopolization and deregulation: as in the West, some "natural monopoly" sectors will require continued regulation to protect consumers from monopoly abuses. This paper focuses on three aspects of the design of...
Persistent link: https://www.econbiz.de/10005561393