Regulatory and Competition Frontier Issues

Author: Liao Jinqiu
Publisher:
Publish Date: 2004-12-01
Features:
· Economic analysis of universal service obligations in developing countries;
· Construction and application of the "trinity" theory of natural monopoly;
· Innovation in natural monopoly theory based on economies of scale and network economies;
· Industrial organization characteristics and government regulation of the lottery market;
· Privatization of the water industry—empirical research based on the UK as a case study;
· On the government regulation and standardization of private higher education in China;
· Cost constraints of administrative regulation;
· Water industry reform: contract selection and its distribution characteristics;
· On how to construct a competitive mechanism suitable for the characteristics of the aerospace industry;
· China's railway industry reform and regulatory reconstruction.
Since the pioneering research of Stigler (1970, Chinese translation see Stigler, 1989), regulatory economics has a history of over 30 years. If Keynes's macroeconomics, established by Keynes, had a broad and profound impact on government policies of active intervention in the market economy, then the deregulation movement in Western and Eastern countries in the 1980s, spearheaded by regulatory economics, had a disruptive effect on government administrative intervention in the microeconomy. This sweeping revolution played a catalytic role in the privatization movements of European countries in the 1990s and led to the establishment of what is known as the "new regulatory economics," primarily led by British and French economists.
This book is part of the academic series of the Jiangxi University of Finance and Economics Industry Organization and Government Regulation Research Center, a key research base in humanities and social sciences in universities in Jiangxi Province. The papers included in this issue are selected from the working papers of the center in the past two years.