The slides talk about RBOC environment after divestiture, equal access and LD competition, beginnings of local competition, RBOC strategies, and major challenges post divestiture regulatory environment. It points out the required culture changes. The major challenges to change culture are also discussed. Further it reveals that it takes time to...
Delta Grounds Planes. Will Others Follow?Delta Grounds PlanesI believe in a free market and Delta and the lot of them have every right to ground airplanes that are not efficient and not fully utilized. In keeping with a free economy let's push for our government to end the subsidies...
Whether your goal is to reduce oil imports, lower carbon dioxide emissions, or just save money, geothermal heat pumps MAY be an answer for you. In many places and under many circumstances, this heat source makes economic sense without any need for subsidy (although, in...
The author has developed a model of capital tax/subsidy competition in which imperfectly competitive firms choose both the number and the location of the plants they operate. The endogenous presence of horizontal multinationals is shown to attenuate the "Race to the bottom" and yields some results that are opposite to...
This paper considers the formation of trade policies when a domestic firm outsources the intermediate input from its foreign final good competitor. This paper considers three policy instruments when the intra-industry trade occurs: domestic specific subsidy on intermediate import, domestic specific tariff on final import, and foreign specific tariff on...
A lending game has been developed in which relationship-specific investments by firms benefit banks and vice versa. It is shown that even if all firms and banks prefer high-tech relationship loans under the first-best, asymmetric information and investment non-contractibility make them choose low-tech transaction loans. However, governments with intermediate risk...
The bill repeals the foreign sales corporation/extra-territorial income program - ruled an illegal export subsidy by the World Trade Organization WTO. Under the WTO ruling, the European Union EU implemented sanctions in March (currently at 8 percent) against a range of U.S. products, including U.S. - made apparel, textile and...
The Dutch government has decided to proceed with managed competition in health care. This paper reports on progress made with health-based risk adjustment, a key issue in managed competition. In 2004 both Diagnostic Cost Groups DCGs computed from hospital diagnoses only and Pharmacy-based Cost Groups PCGs computed from out-patient prescription...
For the past decade the provincial drug plan in British Columbia (B.C.) has based the allocation of public subsidy on scientific standards of evidence. Coverage policies under B.C. PharmaCare are marked by the restriction of public subsidy until manufacturers provide valid evidence of a comparative health outcome advantage versus therapeutic...
Will Government targets for renewable electricity generation ever be met? How much will this policy cost? All currently available generating technologies have their own characteristics, which are valued differently. If an energy policy is designed to truly subsidies the positive aspects and penalizes the negative, policy makers must understand the...
This paper focuses on the effects of some harmful energy subsidies in IEA/OECD countries. The form in which subsidies are administered can be classified in different ways. Some have a direct effect on price, like grants and tax exemptions, while others act indirectly, such as regulations that skew the market...
National foreign direct investment policies, industrial development strategies in developing countries and regional policies of developed economies share a common focus. They all are largely based on the concept of attracting new business to the target territory. The vision of an incoming industrial champion, who may create sustainable employment and...
This paper provides a first formal analysis of the international rules that govern the use of subsidies to domestic production as distinct from export subsidies. The analysis highlights the impact of the new disciplines on subsidies that were added to GATT rules with the creation of the WTO. The results...
This paper analyzes the economic impact of export subsidies by investigating stock price reactions to a critical event in 1997. On November 18, 1997, the European Union announced its intention to file a complaint before the World Trade Organization WTO, arguing that the United States provided American exporters illegal subsidies...
This paper investigates the competition in technology and production between a firm in the North developed country and a firm in the South developing country, and how such competition may be affected by North's subsidy on technology improvement and South's Intellectual Property Rights IPR protection level. It is argued that...
Following the Common Agency approach to political equilibrium, the authors examine how domestic interest groups can influence national policies towards FDI Foreign Direct Investment and how the choice of instrument by the government can affect lobbying activities. Domestic firms lobby for lower subsidies when a discriminatory subsidy on FDI is...
This paper provides quantitative estimates of the impact of removing agricultural support both tariffs and subsidies in partial- and general-equilibrium frameworks. The results show that agricultural support in industrial countries is highly distortionary and tariffs have a larger distortionary impact than subsidies. Removal of agricultural support would likely raise the...
Housing plays a special role in the social and political dialogue in most societies. It is a major component in creating stable and healthy communities and is often the largest single household expense. Housing can be a sector for stimulus of the national economy. But housing conditions are often seen...
This paper draws heavily on the experience with social health reinsurance. It describes reasons for the recovery gap, including uninsurable health expenses, and offers a model for analyzing the role of subsidies financed from taxation, foreign donors, or other sources in filling the gap. It examines the role and extent...
Despite all the hype about globalization and the supposed universal triumph of free-market policies, governments around the world, including that of the United States, continue to intervene in the flow of goods, services, people, and capital across international borders. That widespread intervention takes two basic forms: barriers that discourage trade...
