This paper explores the relationship between patterns of productivity growth and the development stage of an industry, using firm-level data on the cotton-spinning industry in Japan in the late-nineteenth century. It is found that patterns of productivity growth depend on the development stage of the industry. In the earlier stage of industrial development, the productivity growth of each firm,...

In China, many ongoing problems in the electricity sector can be traced back to the old ‘centrally planned’ economy. Since the start of liberalization in the 1980s, the clash between a liberalized economy (excluding a few so-called strategic industries) and a centrally controlled electricity industry has gradually become more and more apparent. The Chinese electricity industry is in need of con...

D. Burchart-Korol, M.Kruczek, Central Mining Institute, Katowice, Poland M. Pichlak, Silesian Technical University, Gliwice, Poland The main goal of the study was to present the most significant technological innovations aiming at reduction of greenhouse gas emission in steel production. Reduction of greenhouse gas and dust pollution is a very important aspect in the iron and steel industry. Ne...

Climate change is one of the greatest challenges worldwide. Its most severe impacts may still be avoided if efforts are made to transform current energy systems. The notion of climate change mitigation refers to the reduction of the rate of climate change via management of its causal factors such as the emission of greenhouse gases from fossil fuel combustion, agriculture, land use changes, cem...

Advances in leasing industry as a means of finance mainly started in 1900 though leasing dates back to centuries ago. Despite its differences in different countries as a result of differences in laws and regulations, finance function has been a common distinctive function of leasing all over the world. Leasing has its modern and unique features and advantages to establish itself as one of t...

The paper considers governments' public procurement decision as a way of influencing industry structure. In a federation in which capital is mobile and capital taxation is harmonized, a home bias in public procurement can potentially be explained as an effort to increase the capital intensity of local production and to attract taxable capital. As a result, governments may prefer domestic firms ...

The paper provides policymakers and regulators with an overview of the more relevant theoretical issues related to the pricing of access to ensure that the political debate around practical concerns is solidly grounded. The paper discusses in detail the importance of access pricing in the context of: 1) a liberalized and vertically separated industry, 2) liberalized but vertically integrated in...

The optimal design of input prices is analyzed in a simple setting where the regulator has limited knowledge of efficient production costs. Under some conditions, input prices are optimally set equal to expected efficient production costs, as under the Federal Communications Commission’s TELRIC pricing policy in the U.S. telecommunications industry. More generally, input prices optimally reflec...

A patent owner is entitled to recover any additional profits that would have been earned but for infringement. This paper suggests the use of an adaptation of merger simulation to assess lost profits in patent infringement cases. A model of the industry with infringement is calibrated to observed prices and quantities and estimated demand elasticities. Lost profits are then estimated by calcula...