Economic Regulation and Its Reform

Economic Regulation and Its Reform PDF Author: Nancy L. Rose
Publisher: University of Chicago Press
ISBN: 022613816X
Category : Business & Economics
Languages : en
Pages : 619

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Book Description
The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.

Economic Regulation and Its Reform

Economic Regulation and Its Reform PDF Author: Nancy L. Rose
Publisher: University of Chicago Press
ISBN: 022613816X
Category : Business & Economics
Languages : en
Pages : 619

Get Book Here

Book Description
The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.

Aviation Regulatory Reform

Aviation Regulatory Reform PDF Author: United States. Congress. House. Committee on Public Works and Transportation. Subcommittee on Aviation
Publisher:
ISBN:
Category : Aeronautics, Commercial
Languages : en
Pages : 1110

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Book Description


Liberalization in Aviation

Liberalization in Aviation PDF Author: Hartmut Wolf
Publisher: Routledge
ISBN: 1317105427
Category : Business & Economics
Languages : en
Pages : 615

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Book Description
The last few decades have witnessed substantial liberalization trends in various industries and countries. Starting with the deregulation of the US airline industry in 1978, regulatory restructuring took place in further network industries such as telecommunications, electricity or railways in various countries around the world. Although most of the liberalization movements were initially triggered by the worrying performances of the respective regulatory frameworks, increases in competition and corresponding improvements in allocative and productive efficiency were typically associated with the respective liberalization efforts. From an academic perspective, the transition from regulated industries to liberalized industries has attracted a substantial amount of research reflected in many books and research articles which can be distilled to three main questions: (1) What are the forces that have given rise to regulatory reform? (2) What is the structure of the regulatory change which has occurred to date and is likely to occur in the immediate future? (3) What have been the effects on industry efficiency, prices and profits of the reforms which have occurred to date? Liberalization in Aviation brings together renowned academics and practitioners from around the world to address all three questions and draw policy conclusions. The book is divided into five sections, in turn dealing with aspects of competition in various liberalized markets, the emergence and growth of low-cost carriers, horizontal mergers and alliances, infrastructures, and concluding with economic assessments of liberalization steps so far and proposed steps in the future.

Regulatory Reform in Air Transportation

Regulatory Reform in Air Transportation PDF Author: United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Aviation
Publisher:
ISBN:
Category : Aeronautics, Commercial
Languages : en
Pages : 564

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Book Description


The Future of Aviation

The Future of Aviation PDF Author: United States. Congress. House. Committee on Science and Technology. Subcommittee on Aviation and Transportation R. & D.
Publisher:
ISBN:
Category : Aeronautics
Languages : en
Pages : 754

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Book Description


Institutional Reform of Air Navigation Service Providers

Institutional Reform of Air Navigation Service Providers PDF Author: Rui Neiva
Publisher: Edward Elgar Publishing
ISBN: 1784712086
Category : Business & Economics
Languages : en
Pages : 182

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Book Description
Institutional Reform of Air Navigation Service Providers deals with the changes that have taken place in this major, technologically progressive industry as many countries moved away from direct provision by the government to forms of corporate or private provision. The author provides an up-to-date institutional and economic analysis of air navigation service providers’ efforts to reform their governance and funding structures under these changes. The book discusses air navigation service providers in great detail, with a focus on the historical evolution of the industry’s institutional and regulatory frameworks as well as the ongoing developments in the industry (e.g. the Single European Sky in Europe and NextGen in the US). The author departs from the more conventional quasi-descriptive analysis by performing economic and econometric analyses of the industry that explicitly include institutional variables, e.g. to explore whether the nature of ownership can be associated with different economic efficiency outcomes. The result is a rigorous assessment of the structures of various air navigation service providers, strengthened by the use of case studies and policy analysis of potential reform. The theme and scope of this book will appeal to anyone interested in the institutional and regulatory history of air navigation service providers, and its accessible approach will appeal to policy-makers and professionals as well as people who are interested, more broadly, in economic regulation.

Improving the Continued Airworthiness of Civil Aircraft

Improving the Continued Airworthiness of Civil Aircraft PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309173744
Category : Technology & Engineering
Languages : en
Pages : 87

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Book Description
As part of the national effort to improve aviation safety, the Federal Aviation Administration (FAA) chartered the National Research Council to examine and recommend improvements in the aircraft certification process currently used by the FAA, manufacturers, and operators.

The Future of Aviation: Report

The Future of Aviation: Report PDF Author: United States. Congress. House. Committee on Science and Technology. Subcommittee on Aviation and Transportation R. & D.
Publisher:
ISBN:
Category : Aeronautics
Languages : en
Pages : 116

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Book Description


Airline deregulation and aviation safety

Airline deregulation and aviation safety PDF Author: United States. Congress. House. Committee on Government Operations. Government Activities and Transportation Subcommittee
Publisher:
ISBN:
Category : Aeronautics
Languages : en
Pages : 748

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Book Description


Reform of the Economic Regulation of Air Carriers

Reform of the Economic Regulation of Air Carriers PDF Author: United States. Congress. House. Committee on Public Works and Transportation. Subcommittee on Aviation
Publisher:
ISBN:
Category : Aeronautics and state
Languages : en
Pages : 1836

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Book Description