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We examine a deregulation of German pharmacists to assess its effects on retail and labor markets. From 2004 onward, the reform allowed pharmacists to expand their single-store firms and to open or acquire up to three affliated stores. This partial deregulation of multi-store prohibition reduced...
Persistent link: https://www.econbiz.de/10012546929
The "revolving door" phenomenon has become very common in most industrialised countries, and is leading to conflicts of interest as well as economic distortions. The purpose of this paper is to develop an indicator of the distortionary effects of the revolving door - The Revolving Door Indicator...
Persistent link: https://www.econbiz.de/10011452600
IntroductionThe "revolving door" is a practice quite widely in use in the United States, in which heads of state agencies, after completing their bureaucratic terms, are entering the very sector they have regulated. This phenomenon is also frequent in France, where it is coined "pantouflage",...
Persistent link: https://www.econbiz.de/10014000708
firms' distance to the efficiency frontier and country differences in product market regulation. Using firm-level data for a … product market regulation measures depending on firms' positions along the global distribution of productivity levels. The … heterogeneous effects of international competition and domestic product market regulation on firm-level productivity growth are …
Persistent link: https://www.econbiz.de/10009690932
Im Mittelpunkt dieses Beitrags steht eine Analyse des kalifornischen Strommarktdebakels und der Lehren aus den dortigen Ereignissen. Das Papier geht auf die Entwicklung der Märkte ein und zeigt die Gründe für das Scheitern des kalifornischen Übergangsmodells auf. Die Analyse zeigt, dass es...
Persistent link: https://www.econbiz.de/10010260489
Persistent link: https://www.econbiz.de/10013066217
Mergers, acquisitions and takeovers often imply dramatic changes for employees, competitors, customers and suppliers. Not surprisingly, the market for corporate control has generated controversy and is frequently regulated by law or business custom. Though transfers of control take place in many...
Persistent link: https://www.econbiz.de/10012788365
The source of irresponsible business is a systems failure involving an ill-conceived interface between government, the law, investors, and firms. Addressing this systemic failure requires reform of our capitalist system to build a partnership between the four parties that recognizes the function...
Persistent link: https://www.econbiz.de/10012960123
Historically, every country had its own accounting standards, each merging to some extent with its local corporate, labor, and tax laws. No matter how undesirable, it was natural to expect differences among nations. Globalization made these differences so impractical that from corporate leaders...
Persistent link: https://www.econbiz.de/10012900528
traditional privately owned large farms. Critical to the success of the cooperative, is a set rules and regulation that place them …
Persistent link: https://www.econbiz.de/10013046205