Contemporary Economic Policy articles from April 1997

Contemporary Economic Policy archives from April 1997

Competition policy for developing countries: a long-run, entry-based approach.
April 1, 1997... I. INTRODUCTION As developing nations implement structural reforms designed to stimulate economic growth through greater reliance on the market system, concerns regarding competition policy naturally arise. These nations have a unique...

Concentration-profits monopoly vs. efficiency debate: South African evidence.
April 1, 1997... I. INTRODUCTION In response to severe local and international criticism, the African National Congress (ANC) by 1991 had abandoned its longstanding position in favour of nationalisation, embracing antitrust policy in its place. As early as May...

Speed and sequencing of market reforms: the case of banking in Latvia.
April 1, 1997... I. INTRODUCTION In 1991, Latvia withdrew from the Soviet Union and gained its independence as a sovereign state. It quickly embarked on the transition path to a market economy and, especially in the banking sector, initiated "free market"...

Managing public and private land through partial interests.
April 1, 1997... I. INTRODUCTION Land ownership involves a bundle of rights including rights to graze livestock, grow crops, and build houses. This bundle may remain intact when an individual landowner holds all rights in a parcel of land (excluding eminent...

North Pacific fisheries environment: international issues.
April 1, 1997... I. INTRODUCTION In 1995, ratification of the Third United Nations Convention on the Law of the Sea (UNCLOS III) legalized pre-existing coastal and island state expropriations of about 90% of world marine resources located in vast tracts of...

Using inspection and maintenance programs to regulate vehicle emissions.
April 1, 1997... I. INTRODUCTION During the past 20 years, states have established vehicle inspection and maintenance (I&M) programs to reduce the hydrocarbon (HC), carbon monoxide (CO), and nitrogen oxide (NOx) emissions of their vehicle fleets, thereby...

Federal water policy reform: implications for irrigated farms in California.
April 1, 1997... I. INTRODUCTION Increased competition for limited water supplies among agricultural, urban, and environmental uses in the western United States, combined with few prospects for developing new supplies, demands better management of existing...

Physicians' cost shifting behavior: Medicaid versus other patients.
April 1, 1997... I. INTRODUCTION Much of the debate about rising health care costs in the U.S. centers on the notion of "cost shifting." Cost shifting is loosely defined as charging one set of patients a higher price to offset losses on another set of...

Social security reform in China: the case of old-age insurance.
April 1, 1997... I. INTRODUCTION On February 26, 1951, the People's Republic of China (PRC) promulgated its first labor insurance regulations (Laodong Baoxian Tiaoli), which created a social security system for state-sector employees. Under these regulations,...

Who gets maternity leave?: the case of Malaysia.
April 1, 1997... I. INTRODUCTION Historically, employment conditions (wages, benefits, working conditions, hours) in the economy's formal sector have reflected men's experience as workers. Even though more women have been participating in formal sector...

The Dunlop Commission's omissions on American labor market policy.
April 1, 1997... I. INTRODUCTION Where should public policy be going with regard to labor market and labor relations issues? The Clinton administration put this question before a presidential task force popularly known as the "Dunlop Commission" after its...

Gate revenue sharing and luxury taxes in professional sports.
April 1, 1997... I. INTRODUCTION In recent years, discussions of revenue sharing and cost containment have dominated collective bargaining in professional sports. Revenue sharing refers to the division of league revenues between teams. Cost containment alludes...