Market Liberalization, Regulatory Uncertainty, and Firm Investment

Baumann, Florian; Friehe, Tim

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Market Liberalization, Regulatory Uncertainty, and Firm Investment

dc.contributor.author	Baumann, Florian
dc.contributor.author	Friehe, Tim
dc.date.accessioned	2015-02-02T14:46:29Z
dc.date.available	2015-02-02T14:46:29Z
dc.date.issued	2011	eng
dc.description.abstract	Motivated by the German postal market, this paper analyzes the effects of regulatory uncertainty about labor costs for investment into 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 investment at the internal margin. As a consequence, the impact of regulatory uncertainty on competition in liberalized markets is the result of these two countervailing forces.	eng
dc.identifier.ppn	425686612
dc.identifier.uri	http://kops.uni-konstanz.de/handle/123456789/29710
dc.language.iso	eng	eng
dc.relation.ispartofseries	Working Paper Series / Department of Economics	eng
dc.rights	terms-of-use
dc.rights.uri	https://rightsstatements.org/page/InC/1.0/
dc.subject	regulatory uncertainty, investment, market entry, minimum wage	eng
dc.subject.ddc	330	eng
dc.subject.jel	D43
dc.subject.jel	J38
dc.subject.jel	L13
dc.title	Market Liberalization, Regulatory Uncertainty, and Firm Investment	eng
dc.type	WORKINGPAPER	eng
dspace.entity.type	Publication
kops.bibliographicInfo.seriesNumber	2011-08	eng
kops.identifier.nbn	urn:nbn:de:bsz:352-0-270209
temp.internal.duplicates	<p>Keine Dubletten gefunden. Letzte Überprüfung: 20.01.2015 11:32:43</p>	deu
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