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| Registros recuperados: 13 | |
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| Mondello, Gerard. |
| Ultra-hazardous risky activities as nuclear industry cannot be considered as “normal industries” i.e. industries without abnormal environmental and health risks. Consequently, the industrial organization of these specific sectors is of the utmost importance. This paper aims at studying this question. We focus on the associated costs of prevention and civil liability. We analyze how civil liability rules may contribute to extend or to discourage the expansion of nuclear parks to new operators. The paper compares the consequences of extending the management of nuclear stations to several independent operators. This question can apply to the unification process of the European electricity market in which several public and private nuclear power operators are... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Strict Liability; Electric Energy; Nuclear Plants; Resource /Energy Economics and Policy; Q5; Q58; Q53; K23; L13; L52; L94. |
| Ano: 2011 |
URL: http://purl.umn.edu/102571 |
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| Boitani, Andrea; Nicolini, Marcella; Scarpa, Carlo. |
| This paper investigates how the ownership and the procedure for the selection of firms operating in the local public transport sector affect their productivity. In order to compare different institutional regimes, we carry out a comparative analysis of 72 companies operating in large European cities. This allows us to consider firms selected either through competitive tendering or negotiated procedures. The analysis of the data on 77 European firms over the period 1997-2006 indicates that firms operate under constant returns to scale. Retrieving the residuals we obtain a measure of total factor productivity, which we regress on firm and city characteristics. We find that when firms are totally or partially in public hands their productivity is lower.... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Local Public Transport; Public Ownership; Translog Production Function; Financial Economics; C33; K23; L25; L33; L91. |
| Ano: 2010 |
URL: http://purl.umn.edu/59392 |
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| Harrington, Winston; Morgenstern, Richard D.; Nelson, Peter. |
| This study compares ex ante estimates of the direct costs of individual regulations to ex post assessments of the same regulations. Our review of more than two dozen environmental and occupational safety regulations indicates that ex ante estimates of total (direct) costs have tended to exceed actuals. We find this to be true of 12 of the 25 rules in our data set, while for only 6 were the ex ante estimates too low. The overestimation of total costs is often due to errors in the quantity of emission reductions achieved by the rule which, in turn, suggest that the rule's benefits may also be overestimated. The quantity errors are driven by both baseline and compliance issues. At least for EPA and OSHA rules, overestimation of per-unit abatement costs occurs... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Environmental costs; Costing accuracy; Innovation and regulation; Demand and Price Analysis; D82; K23; Q28. |
| Ano: 1999 |
URL: http://purl.umn.edu/10894 |
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| Hoxhaj, Rezart. |
| This paper describes important regulation issues that concern microfinance. It starts by considering literature on how and why to regulate and supervise microfinance. Considering the specific case of microfinance in Albania, it analyzes the context of this industry and some particular issues that might influence its growth. Related regulation in Albania seems to be not activity–oriented since a real definition of microfinance is lacking in the Albanian law. Therefore, Albanian microfinance sector needs, first of all, a microcredit and microfinance definition to implement the right development policies and avoid confusion and license misuse. Moreover, the regulatory framework seems to be too restrictive for institutions supposed to be engaged in... |
| Tipo: Journal Article |
Palavras-chave: Microfinance institution; Regulation; Supervision; Credit union; Non-bank financial institution.; Financial Economics; G21; G28; K23. |
| Ano: 2010 |
URL: http://purl.umn.edu/95971 |
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| Registros recuperados: 13 | |
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