The Regulation of Entry

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Author :
Release : 2001
Genre : Barriers to entry (Industrial organization)
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The Regulation of Entry - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Regulation of Entry write by Simeon Djankov. This book was released on 2001. The Regulation of Entry available in PDF, EPUB and Kindle. New data show that countries that regulate the entry of new firms more heavily have greater corruption and larger unofficial economies, but not better quality goods. The evidence supports the view that regulating entry benefits politicians and bureacrats.

The Regulation of Entry

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Author :
Release : 2009
Genre :
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The Regulation of Entry - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Regulation of Entry write by . This book was released on 2009. The Regulation of Entry available in PDF, EPUB and Kindle. Simplifying entry regulation has been a popular reform since the publication of Djankov and others (2002). The inclusion of business entry indicators in the World Bank's Doing Business project has led to an acceleration in reform: in 2003-08, 193 reforms took place in 116 countries. A large academic literature has followed: 201 academic articles have used the data compiled by Djankov and others (2002) and subsequently by the World Bank. The author identifies three theories as to why some countries impose burdensome entry requirements. He also surveys the literature on the effects of making business entry easier.

Economic Regulation and Its Reform

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Release : 2014-08-29
Genre : Business & Economics
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Book Rating : 16X/5 ( reviews)

Economic Regulation and Its Reform - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Economic Regulation and Its Reform write by Nancy L. Rose. This book was released on 2014-08-29. Economic Regulation and Its Reform available in PDF, EPUB and Kindle. The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.

The Theory of Competitive Price

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Release : 1946
Genre : Competition
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The Theory of Competitive Price - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Theory of Competitive Price write by George Joseph Stigler. This book was released on 1946. The Theory of Competitive Price available in PDF, EPUB and Kindle.

The Regulation of Entry

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Author :
Release : 2004
Genre :
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The Regulation of Entry - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Regulation of Entry write by Simeon Djankov. This book was released on 2004. The Regulation of Entry available in PDF, EPUB and Kindle. New data show that countries that regulate the entry of new firms more heavily have greater corruption and larger unofficial economies, but not better quality goods. The evidence supports the view that regulating entry benefits politicians and bureaucrats. Djankov and his coauthors present new data on the regulation of the entry of start-up firms in 85 countries. The data cover the number of procedures, official time, and official costs that a start-up firm must bear before it can operate legally. The official costs of entry are extremely high in most countries. Countries that regulate entry more heavily have greater corruption and larger unofficial economies, but not better quality goods (public or private). Countries with more democratic and limited governments regulate entry more lightly. The evidence is inconsistent with public interest theories of regulation, but supports the public choice view that regulating entry benefits politicians and bureaucrats. This paper - a product of the Financial Sector Strategy and Policy Department - is part of a larger effort in the department to educate policymakers on the costs of regulation. The study was funded by the Bank's Research Support Budget under the research project "The Regulation of Small Businesses."