Market failure in the municipal economy
The aim of this paper is, firstly, to assess the main factors of market failure in the municipal economy and, secondly, to show its practical consequences for the regulatory framework.
Piotr Jeżowski
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The financing of non-market forest services
The article deals with issues of non-market forest services. There is a persistent issue complicating the quantification of adequate subsidy to forest owners - non-existence of market with such forest services.
I. Kolenka, K. Pulkrab
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Transformation of the government's economic governance style is a prerequisite for successful privatization Case study: Banking industry [PDF]
The purpose of this study is to investigate the challenges of privatization of the banking industry and to identify the causes of its inefficiencies in the governance layer.
Mohammad Reza Darrehshiri +3 more
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Sobre a inexistente relação entre política industrial e comércio exterior
Ao contrário do que se encontra na literatura internacional, em nosso país a defesa da intervenção governamental para promoção da atividade industrial está, via de regra, associada à necessidade de melhoria de nossas contas externas.
Pedro Cavalcanti Ferreira
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Newly Discovered Gold Does Not Distort the Economy; It Is Not A Market Failure
We wish to “quibble” with Murphy (2019). We mean this literally. That is, we are in strong and enthusiastic agreement with virtually everything he writes therein, except for one point: we think him guilty of allowing the cloven hoof of market failure ...
Block Walter E., Barnett William
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Fuel subsidies versus market power : is there a countervailing second-best optimum? [PDF]
Fuel subsidies distort end-use prices below cost, resulting in overconsumption and huge environmental cost. On the other hand, the mark-up over cost due to the exercise of market power results in the social loss of consumer surplus. We open a new line of
Adetutu, Morakinyo O. +1 more
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Economic analysis of state legal interventions in lease relationships on the idea of market efficiency and its failures [PDF]
Lease is one of the most important legal relationships that, by its economic and social dimensions, has been a main concern for statesmen of any country.
Abbas Toosi, Javad Kashani
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Private Property Rights, Government Interventionism and Welfare Economics
We develop a critique of government interventionism based on the Misesian calculation argument against socialism. If private property rights and relative prices based on supply and demand are necessary for successful economic coordination, then ...
Jankovic Ivan, Block Walter
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Arzneimittelentwicklung zu vernachlässigten Krankheiten
Krankheiten, die fast ausschließlich in armen Ländern auftreten, werden seit Jahrzehnten in der medizinischen Forschung und Entwicklung vernachlässigt. Eine Ursache wird in der zahlungsschwachen Nachfrage gesehen.
Katrin Gerlinger
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Regulatory Institutions and Instruments and Their Position in Rail Transportation Industry; Lessons for Iran [PDF]
Today, because of market failure in market–based economies, government regulation through regulatory bodies is vital. Rail transportation industry like other network industries has faced market failure because of its properties such as natural monopoly ...
Mohammad Azimzadeh Arani, Farshad Momeni
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