EBookClubs

Read Books & Download eBooks Full Online

EBookClubs

Read Books & Download eBooks Full Online

Book Regulating Natural Monopolies in Canada

Download or read book Regulating Natural Monopolies in Canada written by Ian Keay and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the first decades of the twenty-first century - more than 150 years after the earliest franchise contracts were negotiated between Canadian governments and privately owned utility companies, and 30 years after the Economic Council of Canada published John R. Baldwin's "Regulatory Failure and Renewal: The Evolution of the Natural Monopoly Contract" in 1989 - the federal government still holds a controlling interest in more than 40 crown corporations. The provinces and territories in Canada own at least 150 more firms. These public enterprises typically operate in industries prone to the formation of what economists call “natural monopolies”, including pipelines, power generation, municipal water systems, transportation, broadcasting and telecommunications. A wide range of policy instruments can be used to regulate natural monopolies, and these instruments lead to different redistributive patterns, and different levels and forms of inefficiency. In general, the social, political and economic environments in Canada have been institutionally secure, mature and sophisticated. However, the division of power that defines the federal system of governance in Canada has opened the door for idiosyncratic provincial (and therefore municipal) policy making, which has lead to the adoption of a wide range of regionally distinct regulatory responses to the formation of natural monopolies. In this introduction to Baldwin's classic work, the history of Canada's efforts to regulate natural monopolies is surveyed, and the lessons learned from a theoretical framework founded on a transactions cost approach are articulated. Questions about privatization and public ownership still swirl around Canada's pipelines, telecommunication networks and transport systems. In pursuit of answers to these questions, this introduction explains how Baldwin's work helps us to make sense of policy heterogeneity by describing how transactions costs have shifted across time and space, how courts have constrained government opportunism and defined property rights, how local industrial, economic and technological environments have interacted with political pressures, and how private and public stakeholders have strategically engaged with the policy making process in pursuit of influence and control.

Book Regulatory Failure and Renewal

Download or read book Regulatory Failure and Renewal written by John Russel Baldwin and published by . This book was released on 1989 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: This document presents a theory of natural monopoly regulation and discusses the transition from franchise contract to regulatory tribunal in the United States. In addition it examines public enterprise in the Canadian railway industry, judicial constraints in Canada and the evolution of the regulatory process, the evolution of the regulatory contract in the nineteenth century, the business strategy and federal protection of Bell Canada, public enterprise accompanied by regulation in Manitoba, the franchise contract repudiated in the creation of Ontario Hydro, and unfettered development in electricity accompanied by cost of service regulation for the transit industry in Quebec from 1890 to 1935.

Book The Regulation of Telecommunications in Canada

Download or read book The Regulation of Telecommunications in Canada written by Melvyn A. Fuss and published by Economic Council of Canada. This book was released on 1981 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Natural Monopoly Regulation

Download or read book Natural Monopoly Regulation written by Sanford V. Berg and published by Cambridge University Press. This book was released on 1989-02-24 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considered the cutting edge of microeconomic theory in the 1970s, natural monopoly research remains an active and fertile field. Policy makers and regulators have begun to implement entry and pricing policies that are based on theoretical and empirical analyses. This book develops a comprehensive framework for analyzing natural monopoly. The authors first present a historical overview of regulatory economics, followed by analyses of optimal pricing and investment for single- and multiproduct natural monopolies. Topics covered include cost and demand structures, efficiency impacts of linear and multipart pricing, peak-load pricing, capacity determination, and the sustainability of natural monopolies. After a survey and analysis of natural monopoly regulation in practice, the links between technological change and regulation are identified. The book concludes with a discussion of the alternatives to traditional regulation, including public ownership, franchise schemes, quality regulation, and new incentive systems. Throughout the book, issues from the telecommunications and energy industries are used to illustrate key points. Its integrated framework will make it useful to academic economists, regulatory analysts, business researchers, and advanced students of public utility economics.

Book Telecommunications  the Demise of Natural Monopoly and Its Implications for Regulation

Download or read book Telecommunications the Demise of Natural Monopoly and Its Implications for Regulation written by Marion Wrobel and published by . This book was released on 1991 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the demise of natural monopoly in telecommunications, its actual effect in the U.S., and its potential effect in Canada. It describes the American market after deregulation, the quality of service under competition, telephone price trends in the U.S. and Canada, regulation and the prospects for competition in Canada, and competition, pricing and the provision of universal service.

Book Natural Monopolies in Digital Platform Markets

Download or read book Natural Monopolies in Digital Platform Markets written by Francesco Ducci and published by Cambridge University Press. This book was released on 2020-07-23 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: Through three case studies, this book investigates whether digital industries are naturally monopolistic and evaluates policy approaches to market power.

Book The Theory of Natural Monopoly

Download or read book The Theory of Natural Monopoly written by William W. Sharkey and published by Cambridge University Press. This book was released on 1982-11-30 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: The theory of natural monopoly has been substantially transformed in previous years. Ina clear and straightforward style, Dr. Sharkey gives an integrated presentation of the modern approach to this subject. Although the book is mainly conceptual in nature, the final chapter on natural monopoly in the telecommunications industry shows the practical applications of the theory. After an historical survey of natural monopoly, there follows a chapter stating and explaining the main results as well as giving a preliminary overview of the rest of the book, where concepts such as the subadditivity of costs, optimal pricing, sustainability, and destructive competition are presented. The essence of the subject is presented in a manner accessible to the general reader, though the book also provides a synthesis of the subject suitable for advanced students.

Book Regulation

    Book Details:
  • Author : Jerry Brito
  • Publisher : Mercatus Center at George Mason University
  • Release : 2012-08-13
  • ISBN : 0983607737
  • Pages : 128 pages

Download or read book Regulation written by Jerry Brito and published by Mercatus Center at George Mason University. This book was released on 2012-08-13 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federal regulations affect nearly every area of our lives and interest in them is increasing. However, many people have no idea how regulations are developed or how they have an impact on our lives. Regulation: A Primer by Susan Dudley and Jerry Brito provides an accessible overview of regulatory theory, analysis, and practice. The Primer examines the constitutional underpinnings of federal regulation and discusses who writes and enforces regulation and how they do it. Published by the Mercatus Center at George Mason University, it also provides insights into the different varieties of regulation and how to analyze whether a regulatory proposal makes citizens better or worse off. Each chapter discusses key aspects of regulation and provides further readings for those interested in exploring these topics in more detail.

Book Reforming Infrastructure

Download or read book Reforming Infrastructure written by Ioannis Nicolaos Kessides and published by World Bank Publications. This book was released on 2004 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity, natural gas, telecommunications, railways, and water supply, are often vertically and horizontally integrated state monopolies. This results in weak services, especially in developing and transition economies, and for poor people. Common problems include low productivity, high costs, bad quality, insufficient revenue, and investment shortfalls. Many countries over the past two decades have restructured, privatized and regulated their infrastructure. This report identifies the challenges involved in this massive policy redirection. It also assesses the outcomes of these changes, as well as their distributional consequences for poor households and other disadvantaged groups. It recommends directions for future reforms and research to improve infrastructure performance, identifying pricing policies that strike a balance between economic efficiency and social equity, suggesting rules governing access to bottleneck infrastructure facilities, and proposing ways to increase poor people's access to these crucial services.

Book Handbook of Law and Economics

Download or read book Handbook of Law and Economics written by A. Mitchell Polinsky and published by North Holland. This book was released on 2007-11-21 with total page 992 pages. Available in PDF, EPUB and Kindle. Book excerpt: Law can be viewed as a body of rules and legal sanctions that channel behavior in socially desirable directions - for example, by encouraging individuals to take proper precautions to prevent accidents or by discouraging competitors from colluding to raise prices. The incentives created by the legal system are thus a natural subject of study by economists. Moreover, given the importance of law to the welfare of societies, the economic analysis of law merits prominent treatment as a subdiscipline of economics. This two volume Handbook is intended to foster the study of the legal system by economists. *The two volumes form a comprehensive and accessible survey of the current state of the field. *Chapters prepared by leading specialists of the area. *Summarizes received results as well as new developments.

Book Continentalizing Canadian Telecommunications

Download or read book Continentalizing Canadian Telecommunications written by Vanda Rideout and published by McGill-Queen's Press - MQUP. This book was released on 2003 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: InContinentalizing Canadian TelecommunicationsVanda Rideout examines active political resistance to the radical, neo-liberal transformation of Canadian telecommunications that has been orchestrated by the federal government, big business, and their powerful lobbyists over the last two decades. Rideout focuses on the protection of the public interest, a crucial element neglected by most recent studies, and shows that although alliances have been formed between labour, consumers, and public interest activists, significant disagreements over issues such as free trade, long distance and local competition, and a targeted subsidy program for very low-income Canadians have meant that this united front has not been able to counter the forces of the new neo-liberal telecommunication policy regime.Continentalizing Canadian Telecommunicationsdetails the complex relationships between the various corporate and government interests, shows how the changes they brought about have locked Canada's telecommunications system into the orbit of the US system, and discusses the implications this has for Canadians.

Book Space Regulation in Canada  Past  Present and Potential

Download or read book Space Regulation in Canada Past Present and Potential written by Aram Daniel Kerkonian and published by Springer Nature. This book was released on 2021-03-24 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: Space is no longer the domain of national space agencies. Today, a significant majority of space activities are carried out by non-governmental entities, resulting in the accelerated evolution of space technologies and their applications. This operational shift from public to private does not mean, however, that governments are no longer relevant in this era of New Space. On the contrary: as the operational role of the state has diminished, its regulatory role has grown correspondingly. Acknowledging that the commercial landscape in space is an ever-changing one, this book explores how the Canadian government has adapted to the new commercial space landscape and whether it is prepared to fulfil its authorisation and supervision responsibilities as the regulator of Canada’s space industry. The fundamental research question posed, therefore, is whether Canada’s regulatory framework is appropriate given the increasing commercialisation of space. To best answer this question, the book provides a doctrinal analysis of Canada’s historical space policy and current space laws, an empirical survey of the perspectives of those currently interacting with Canada’s regulatory framework, and a comparative exploration of how other jurisdictions oversee commercial space activities. Motivated by legal, moral and economic considerations, the book recommends that Canada enact a comprehensive national space law and provides an annotated draft law for this purpose. By doing so, the book intends to spark a meaningful conversation on how Canada ought to fulfil its regulatory responsibilities, a topic previously unaddressed in public and academic discourse.

Book Free Market Zones

Download or read book Free Market Zones written by Herbert G. Grubel and published by . This book was released on 1983 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Economic Analysis   Canadian Policy

Download or read book Economic Analysis Canadian Policy written by David Stager and published by Elsevier. This book was released on 2013-10-22 with total page 690 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Analysis & Canadian Policy: Seventh Edition deals with concepts and theories in economics and its relation to Canadian economic policies. The major revision in this edition deals with the development of the real sector model for the macroeconomy. The book is divided into two parts. Part I is a general overview of economics and includes topics such as basic economic decisions, economic policies and analysis, supply and demand, market price, and the role of the government in the economy. Part II deals with the Canadian economy - its economic goals, economic growth, and national income; its banking systems; its fiscal policy, public debt, and budget deficit; and international trade policies, patterns, and rationale. Part III covers consumer demand, production costs, supply, market competition, and market structure. Part IV talks about labor market and wages, income distribution in Canada, and regional income disparity. The text is recommended for economists and financial analysts, especially those who would like to study about Canada's economy and its policies.

Book Regulatory Capitalism

Download or read book Regulatory Capitalism written by John Braithwaite and published by Edward Elgar Publishing. This book was released on 2008 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this sprawling and ambitious book John Braithwaite successfully manages to link the contemporary dynamics of macro political economy to the dynamics of citizen engagement and organisational activism at the micro intestacies of governance practices. This is no mean feat and the logic works. . . Stephen Bell, The Australian Journal of Public Administration Everyone who is puzzled by modern regulocracy should read this book. Short and incisive, it represents the culmination of over twenty years work on the subject. It offers us a perceptive and wide-ranging perspective on the global development of regulatory capitalism and an important analysis of points of leverage for democrats and reformers. Christopher Hood, All Souls College, Oxford, UK It takes a great mind to produce a book that is indispensable for beginners and experts, theorists and policymakers alike. With characteristic clarity, admirable brevity, and his inimitable mix of description and prescription, John Braithwaite explains how corporations and states regulate each other in the complex global system dubbed regulatory capitalism. For Braithwaite aficionados, Regulatory Capitalism brings into focus the big picture created from years of meticulous research. For Braithwaite novices, it is a reading guide that cannot fail to inspire them to learn more. Carol A. Heimer, Northwestern University, US Reading Regulatory Capitalism is like opening your eyes. John Braithwaite brings together law, politics, and economics to give us a map and a vocabulary for the world we actually see all around us. He weaves together elements of over a decade of scholarship on the nature of the state, regulation, industrial organization, and intellectual property in an elegant, readable, and indispensable volume. Anne-Marie Slaughter, Princeton University, US Encyclopedic in scope, chock full of provocative even jarring claims, Regulatory Capitalism shows John Braithwaite at his transcendental best. Ian Ayres, Yale Law School, Yale University, US Contemporary societies have more vibrant markets than past ones. Yet they are more heavily populated by private and public regulators. This book explores the features of such a regulatory capitalism, its tendencies to be cyclically crisis-ridden, ritualistic and governed through networks. New ways of thinking about resultant policy challenges are developed. At the heart of this latest work by John Braithwaite lies the insight by David Levi-Faur and Jacint Jordana that the welfare state was succeeded in the 1970s by regulatory capitalism. The book argues that this has produced stronger markets, public regulation, private regulation and hybrid private/public regulation as well as new challenges such as a more cyclical quality to crises of market and governance failure, regulatory ritualism and markets in vice. However, regulatory capitalism also creates opportunities for better design of markets in virtue such as markets in continuous improvement, privatized enforcement of regulation, open source business models, regulatory pyramids with networked escalation and meta-governance of justice. Regulatory Capitalism will be warmly welcomed by regulatory scholars in political science, sociology, history, economics, business schools and law schools as well as regulatory bureaucrats, policy thinkers in government and law and society scholars.

Book Federalism and the Regulatory Process

Download or read book Federalism and the Regulatory Process written by Richard Schultz and published by IRPP. This book was released on 1979 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Competition Policy for Small Market Economies

Download or read book Competition Policy for Small Market Economies written by Michal S. GAL and published by Harvard University Press. This book was released on 2009-06-30 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Michal Gal's thorough analysis shows the effects of market size on competition policy, ranging from rules of thumb to more general policy prescriptions, such as goals and remedial tools. Competition policy in small economies is becoming increasingly important, since the number of small jurisdictions adopting such policy is rapidly growing. Gal's focus extends beyond domestic competition policy to the evaluation of the current trend toward the worldwide harmonization of policies.