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Full-Text Articles in Industrial Organization
Challenges For Business Services In European Economic Growth, Henk Lm Kox
Challenges For Business Services In European Economic Growth, Henk Lm Kox
Henk LM Kox
#1; Stylised facts on growth of EU business services #1; Problem: dynamic, but weak productivity growth #1; Direct and indirect growth contributions #1; Challenges and opportunities
Domestic Regulation And Trade In Professional Services, Henk Lm Kox, Hildegunn Kyvik Nordås
Domestic Regulation And Trade In Professional Services, Henk Lm Kox, Hildegunn Kyvik Nordås
Henk LM Kox
This paper argues that regulatory measures affect the fixed costs of entering a market as well as the variable costs of servicing that market. The study has explained that market entry barriers limit the number of firms that can break even in a particular market. The higher the entry barrier relative to the size of the market, the smaller the number of firms that can break even after having incurred the entry cost. In the face of such entry costs, trade liberalisation, defined as a reduction in variable trade costs, would under realistic assumptions lead to an increase in trade …