+612 9045 4394
Industrial Economic Regulation : A Framework and Exploration - Roger Sugden

Industrial Economic Regulation

A Framework and Exploration

By: Roger Sugden (Editor)

Hardcover Published: 11th March 1993
ISBN: 9780415067737
Number Of Pages: 248

Share This Book:


RRP $686.99
or 4 easy payments of $118.94 with Learn more
Ships in 7 to 10 business days

The 1980s were a time when an active role for government was viewed with suspicion and hostility in many countries. To some degree, antipathy towards government has continued into the early 1990s, but attitudes are changing. The 1990s appear to be the decade of regulation. Privatization has led to the creation of new regulatory bodies, and in addition, the continuing merger boom, the rise of transnational corporations and the effort to unify the European market have further promoted regulatory activity.
In this volume, a team of leading industrial economists focuses on the processes by which governments in market economies take actions to influence economic activity in firms and industries. They provide teachers, students, and researchers with a coherent framework for the analysis of regulation and explore such key issues as the relationship between information and regulation, the regulation of monopolies, and the role of regulation within the European Community.
Regulation has been defended as a remedy for market failure and a curb on monopoly power. This study recognizes the importance of these functions but also argues that regulation can be a positive instrument for promoting industrial development.

Industry Reviews

..."the chapters (save for the three on theory) have a decided European flavor, with US policies and institutions given much play only in the chapter on merger policy. As, surveys the chapters are competent, with at times lively critiques. Each has an extensive (and good) bibliography as a source for further reading. Introductory microeconomics is very helpful in understanding most of this volume." -"Choice, December 1993

Introductionp. xi
Notesp. xvii
Government Powerp. 1
Is Successful Regulation Possible?p. 3
Referencesp. 24
Economic Rationalep. 27
Allocative Inefficiency and Monopoly as a Basis for Regulationp. 29
A Strategy for Industrial Development as a Basis for Regulationp. 44
Informationp. 61
Nationalization and the Background to Recent Regulatory Issuesp. 63
Regulators' Need for Quality Information and the Provision of Bus Services in Scotlandp. 85
Referencesp. 105
Regulatory Instrumentsp. 109
Regulating Firms with Monopoly Powerp. 111
Notesp. 134
Regulation of Mergersp. 141
Government Collaborationp. 159
A Rationale for an Appropriate Level of Regulation in the European Communityp. 161
European Integration, Transnational Corporations and North-South Convergencep. 188
Referencesp. 207
Indexp. 209
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780415067737
ISBN-10: 0415067731
Series: Issues in Industrial Strategy S
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 248
Published: 11th March 1993
Country of Publication: GB
Dimensions (cm): 21.59 x 13.97  x 1.75
Weight (kg): 0.46
Edition Number: 1