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The recovery from the current deep recession caused by the COVID-19 pandemic will require raising productivity through … competition, firms face weak incentives to become more productive. Sizeable shares of labour and capital are trapped in low-productivity …
Persistent link: https://www.econbiz.de/10012630141
's Competition Advocacy Program applauds the DOJ for acknowledging the limitations of price regulation and the unintended … regulate competition: (1) the social costs of price regulation in a market economy, (2) the problematic history of price … regulation and its consequences, and (3) examples of modern price regulation and the role of antitrust …
Persistent link: https://www.econbiz.de/10012917691
This study provides a detailed analysis of how the Portuguese payment system operates and how regulatory interventions, especially those involving price controls, would likely affect the interest of the various stakeholders in the system including consumers, merchants, banks, schemes, and...
Persistent link: https://www.econbiz.de/10013061381
under competition law-based sector governance (the period from 1987 to 2001) and under industry-specific regulation (2001 to …-specific regulation, however, transfers to consumers appear to have reduced, transaction costs have increased and delays are being …
Persistent link: https://www.econbiz.de/10014215707
industry-wide competition and consumer welfare are antitrust law and regulation. This is no less true in the professional … sports and telecast industries. The collision of these two industries has resulted in a labyrinth of regulation and, arguably …
Persistent link: https://www.econbiz.de/10014158283
will be highlighted. The relevant principles of legal and economic regulation applicable to the Nigerian gas …
Persistent link: https://www.econbiz.de/10014127602
Persistent link: https://www.econbiz.de/10014068571
the global technological frontier and a catch up term. We assume that regulation can affect productivity growth both …. These allow accounting for both the direct effects of sectoral regulation on within-sector performance and the indirect … effects of sectoral regulation on firms in other sectors through intersectoral input-output linkages. Our econometric …
Persistent link: https://www.econbiz.de/10010278787
Productivity dispersion across countries has led to several studies on the determinants of firm level productivity and … the role of macroeconomic policies in determining productivity. In this paper, we investigate the effect of fiscal … consolidation on firm level productivity in 12 advanced economies by combining an updated dataset of fiscal consolidation measures …
Persistent link: https://www.econbiz.de/10014079907
the United States, is that the heavy regulation of Europe reduces its growth. Using newly assembled data on regulation in … several sectors of many OECD countries, we provide substantial and robust evidence that various measures of regulation in the …
Persistent link: https://www.econbiz.de/10012444698