The Effect of Entry Regulation on Process Innovation in the Swiss Mail Industry

Helmut M. Dietl; Andreas Grütter; Martin Lutzenberger; Cátia Felisberto; Matthias Finger

doi:10.1007/BF03399248

The Effect of Entry Regulation on Process Innovation in the Swiss Mail Industry

Helmut M. Dietl^*
, Andreas Grütter
, Martin Lutzenberger
, Cátia Felisberto
, Matthias Finger

^*Bu çalışma için yazışmadan sorumlu yazar

Araştırma sonucu: Dergiye katkı › Makale › bilirkişi

Özet

We develop an industry specific model of price competition with product differentiation to analyze the effect of entry regulation on process innovation in the Swiss mail industry. We consider the four most prominent scenarios: Regulated monopoly, end-to-end competition, worksharing without bypass, and work-sharing with bypass. Based on model calibration with data from the Swiss letter market, we find that the incentives to invest in process innovations decrease with deregulation. However, even accounting for this fact, the efficiency gains of a partial liberalization, i.e. worksharing, ensure an increase in social welfare.

Orijinal dil	İngilizce
Sayfa (başlangıç-bitiş)	37-55
Sayfa sayısı	19
Dergi	Swiss Journal of Economics and Statistics
Hacim	144
Basın numarası	1
DOI'lar	https://doi.org/10.1007/BF03399248
Yayın durumu	Yayınlandı - Oca 2008
Harici olarak yayınlandı	Evet

Bibliyografik not

Publisher Copyright:
© 2008, Swiss Journal of Economics and Statistics.

BM SKH

Bu sonuç, aşağıdaki Sürdürülebilir Kalkınma Hedefine/Hedeflerine katkıda bulunur

SKH 9 Sanayi, Yenilikçilik ve Altyapı

Belgeye Erişim

10.1007/BF03399248

Diğer Dosyalar ve Linkler

Link to publication in Scopus

Alıntı Yap

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title = "The Effect of Entry Regulation on Process Innovation in the Swiss Mail Industry",

abstract = "We develop an industry specific model of price competition with product differentiation to analyze the effect of entry regulation on process innovation in the Swiss mail industry. We consider the four most prominent scenarios: Regulated monopoly, end-to-end competition, worksharing without bypass, and work-sharing with bypass. Based on model calibration with data from the Swiss letter market, we find that the incentives to invest in process innovations decrease with deregulation. However, even accounting for this fact, the efficiency gains of a partial liberalization, i.e. worksharing, ensure an increase in social welfare.",

keywords = "L51, L87, end-to-end competition, entry regulation, mail industry, process innovation, work-sharing",

author = "Dietl, \{Helmut M.\} and Andreas Gr{\"u}tter and Martin Lutzenberger and C{\'a}tia Felisberto and Matthias Finger",

note = "Publisher Copyright: {\textcopyright} 2008, Swiss Journal of Economics and Statistics.",

year = "2008",

month = jan,

doi = "10.1007/BF03399248",

language = "English",

volume = "144",

pages = "37--55",

journal = "Swiss Journal of Economics and Statistics",

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TY - JOUR

T1 - The Effect of Entry Regulation on Process Innovation in the Swiss Mail Industry

AU - Dietl, Helmut M.

AU - Grütter, Andreas

AU - Lutzenberger, Martin

AU - Felisberto, Cátia

AU - Finger, Matthias

PY - 2008/1

Y1 - 2008/1

N2 - We develop an industry specific model of price competition with product differentiation to analyze the effect of entry regulation on process innovation in the Swiss mail industry. We consider the four most prominent scenarios: Regulated monopoly, end-to-end competition, worksharing without bypass, and work-sharing with bypass. Based on model calibration with data from the Swiss letter market, we find that the incentives to invest in process innovations decrease with deregulation. However, even accounting for this fact, the efficiency gains of a partial liberalization, i.e. worksharing, ensure an increase in social welfare.

AB - We develop an industry specific model of price competition with product differentiation to analyze the effect of entry regulation on process innovation in the Swiss mail industry. We consider the four most prominent scenarios: Regulated monopoly, end-to-end competition, worksharing without bypass, and work-sharing with bypass. Based on model calibration with data from the Swiss letter market, we find that the incentives to invest in process innovations decrease with deregulation. However, even accounting for this fact, the efficiency gains of a partial liberalization, i.e. worksharing, ensure an increase in social welfare.

KW - L51

KW - L87

KW - end-to-end competition

KW - entry regulation

KW - mail industry

KW - process innovation

KW - work-sharing

UR - https://www.scopus.com/pages/publications/85098806849

U2 - 10.1007/BF03399248

DO - 10.1007/BF03399248

M3 - Article

AN - SCOPUS:85098806849

SN - 2235-6282

VL - 144

SP - 37

EP - 55

JO - Swiss Journal of Economics and Statistics

JF - Swiss Journal of Economics and Statistics

IS - 1

ER -

The Effect of Entry Regulation on Process Innovation in the Swiss Mail Industry

Özet

Bibliyografik not

BM SKH

Belgeye Erişim

Diğer Dosyalar ve Linkler

Parmak izi

Alıntı Yap