Market Liberalization, Regulatory Uncertainty, and Firm Investment
Market Liberalization, Regulatory Uncertainty, and Firm Investment
No Thumbnail Available
Files
There are no files associated with this item.
Date
2012
Authors
Baumann, Florian
Editors
Journal ISSN
Electronic ISSN
ISBN
Bibliographical data
Publisher
Series
DOI (citable link)
International patent number
Link to the license
In Copyright
EU project number
Project
Open Access publication
Collections
Title in another language
Publication type
Journal article
Publication status
Published
Published in
German Economic Review ; 13 (2012), 3. - pp. 352-361. - De Gruyter. - ISSN 1465-6485. - eISSN 1468-0475
Abstract
This paper analyzes the effects of regulatory uncertainty regarding labor costs on investment in a liberalized market. We distinguish between the external investment margin (market entry) and the internal investment margin (technology), and establish that regulatory uncertainty affects these margins differently, encouraging market entry, but discouraging technological investment. As a consequence, the impact of regulatory uncertainty on competition in liberalized markets is a combination of these two countervailing forces.
Summary in another language
Subject (DDC)
330 Economics
Keywords
Regulatory uncertainty; investment; market entry; minimum wage
Conference
Review
undefined / . - undefined, undefined. - (undefined; undefined)
Cite This
ISO 690
BAUMANN, Florian, Tim FRIEHE, 2012. Market Liberalization, Regulatory Uncertainty, and Firm Investment. In: German Economic Review. De Gruyter. 13(3), pp. 352-361. ISSN 1465-6485. eISSN 1468-0475. Available under: doi: 10.1111/j.1468-0475.2012.00564.xBibTex
@article{Baumann2012Marke-29710.2, year={2012}, doi={10.1111/j.1468-0475.2012.00564.x}, title={Market Liberalization, Regulatory Uncertainty, and Firm Investment}, number={3}, volume={13}, issn={1465-6485}, journal={German Economic Review}, pages={352--361}, author={Baumann, Florian and Friehe, Tim} }
RDF
<rdf:RDF xmlns:dcterms="http://purl.org/dc/terms/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:bibo="http://purl.org/ontology/bibo/" xmlns:dspace="http://digital-repositories.org/ontologies/dspace/0.1.0#" xmlns:foaf="http://xmlns.com/foaf/0.1/" xmlns:void="http://rdfs.org/ns/void#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" > <rdf:Description rdf:about="https://kops.uni-konstanz.de/server/rdf/resource/123456789/29710.2"> <dcterms:available rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2020-02-07T12:18:21Z</dcterms:available> <dcterms:isPartOf rdf:resource="https://kops.uni-konstanz.de/server/rdf/resource/123456789/46"/> <bibo:uri rdf:resource="https://kops.uni-konstanz.de/handle/123456789/29710.2"/> <dspace:isPartOfCollection rdf:resource="https://kops.uni-konstanz.de/server/rdf/resource/123456789/46"/> <dc:rights>terms-of-use</dc:rights> <dc:creator>Baumann, Florian</dc:creator> <dc:language>eng</dc:language> <dc:contributor>Friehe, Tim</dc:contributor> <dc:creator>Friehe, Tim</dc:creator> <dcterms:issued>2012</dcterms:issued> <dc:contributor>Baumann, Florian</dc:contributor> <foaf:homepage rdf:resource="http://localhost:8080/"/> <dc:date rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2020-02-07T12:18:21Z</dc:date> <void:sparqlEndpoint rdf:resource="http://localhost/fuseki/dspace/sparql"/> <dcterms:abstract xml:lang="eng">This paper analyzes the effects of regulatory uncertainty regarding labor costs on investment in a liberalized market. We distinguish between the external investment margin (market entry) and the internal investment margin (technology), and establish that regulatory uncertainty affects these margins differently, encouraging market entry, but discouraging technological investment. As a consequence, the impact of regulatory uncertainty on competition in liberalized markets is a combination of these two countervailing forces.</dcterms:abstract> <dcterms:title>Market Liberalization, Regulatory Uncertainty, and Firm Investment</dcterms:title> </rdf:Description> </rdf:RDF>
Internal note
xmlui.Submission.submit.DescribeStep.inputForms.label.kops_note_fromSubmitter
Examination date of dissertation
Method of financing
Comment on publication
Alliance license
Corresponding Authors der Uni Konstanz vorhanden
International Co-Authors
Bibliography of Konstanz
Yes
Refereed
Yes