Universal Service Financing in Competitive Postal Markets: One Size Does Not Fit All
نویسندگان
چکیده
In the postal sector, the net cost of universal service depends on the content of the service, the postal market characteristics and the country’s geographical configuration. These three groups of factors affect both the direct cost of providing the service and the extent of competition on the market. In this paper, we consider countries with different geographical characteristics and we show that the choice of an appropriate mechanism to share the cost of universal service between market participants depends on the country configuration. Thus, for universal service financing, one size does not fit all. JEL Codes: H25, L11, L51, L87
منابع مشابه
Questioning the Monopoly-Supported Postal USO in Developing Countries
The monopoly-supported universal service obligation (USO) is usually defended on the grounds that the monopoly allows for cross-subsidy in letter services that in turn allows universal access to a service of great importance to all. This paper argues that letter delivery (as opposed to other services that may be provided by post offices) is not in universal demand in poor countries, that the si...
متن کاملPostal Markets and Electronic Substitution: What is the Impact of Intermodal Competition on Regulatory Practices and Institutions
The European postal markets are undergoing a reform which aims at promoting competition on the one hand and protecting the benefits of public services on the other. The important topics concerning postal regulation and the development of markets are: (1) market regime, (2) definition and financing of universal services, (3) market power control, and (4) emerging electronic substitution of posta...
متن کاملتأمین مالی نوآوری مبتنی بر نظریه تأمین مالی مرحله ای: مطالعه موردی نظام مالی نوآوری در ایران
Today, knowledge and innovation as one of the most important factors of economic growth and development is very important. In this way the various factor are effective for innovation that most important of them is finance which should provide at the right time, enough amount and correct method for the firms. Set the correct mechanism for financing innovation in the financial system requires a s...
متن کاملDoes One Size Fit All? The Impact of Liquidity Requirements on Bank\'s Insolvency: Evidence from Iranian Listed Banks
According to the Basel III regulatory framework, uniform minimum liquidity requirements have been imposed on all types of banks. Using an agent-based model of a banking system, we investigate the effects of liquidity requirements on banks' insolvency under two policy experiments in one of which the minimum liquidity requirements are applied uniformly and in the other differentially across banks...
متن کاملFaculty Members’ Development in Agricultural Higher Education: Does the university size matter?
Higher education has recently faced new challenges and responsibilities such as higher expectations to contribute to national and regional developments; considerable cuts in public funds, and the highly competitive educational markets. Previous research has suggested a positive association between development of human capitals in higher education institutions and their capacity to deal with the...
متن کامل