How Price Regulation Is Needed To Advance Market Competition

2022 ◽  
Vol 41 (1) ◽  
pp. 26-34
Author(s):  
Robert A. Berenson ◽  
Robert B. Murray
2020 ◽  
Vol 83 ◽  
pp. 01014
Author(s):  
Eleonora Fendekova

In Slovakia in the recent period of time we have seen an intensive discussion concerning the effectiveness of the price regulation methods in Network Industries and the objectivity and the labour social effectiveness of The Regulatory Office for Network Industries, as well. It is understandable as network industries in fact ensure the production and distribution of energy sources which play a key role in an effective operation of the developed economies. The discussions are usually focused on the question of a reasonable profit of the network industries companies and on the other hand on the question of prices which are determined by the reasonable and generally acceptable costs of their production. In relation with objectification and increases in nationwide operation effectiveness of natural monopolies in network industries† on the market the role of regulation mechanisms is increasing. Its aim is the closest approximation of proportions between price and level of network industry products supply to the situation which would occur in the conditions of market competition. In the paper we will analyze analytical scheme for monopoly price regulation – rate of return regulation.


2012 ◽  
Vol 8 (4) ◽  
pp. 477-510 ◽  
Author(s):  
Eila Kankaanpää ◽  
Ismo Linnosmaa ◽  
Hannu Valtonen

AbstractMany health care reforms rely on competition although health care differs in many respects from the assumptions of perfect competition. Finnish occupational health services provide an opportunity to study empirically competition, ownership and payment systems and the performance of providers. In these markets employers (purchasers) choose the provider and prices are market determined. The price regulation of public providers was abolished in 1995. We had data on providers from 1992, 1995, 1997, 2000 and 2004. The unbalanced panel consisted of 1145 providers and 4059 observations. Our results show that in more competitive markets providers in general offered a higher share of medical care compared to preventive services. The association between unit prices and revenues and market environment varied according to the provider type. For-profit providers had lower prices and revenues in markets with numerous providers. The public providers in more competitive regions were more sensitive to react to the abolishment of their price regulation by raising their prices. Employer governed providers had weaker association between unit prices or revenues and competition. The market share of for-profit providers was negatively associated with productivity, which was the only sign of market spillovers we found in our study.


Author(s):  
Robert A. Berenson ◽  
Judith Feder ◽  
Laura Skopec

Proposals to contain health care costs often draw from 1 of 2 primary policy approaches—price regulation or market competition. These approaches are often viewed as in conflict, even though some health economists have long argued that they may be compatible, and desirable, given the unique characteristics of health care markets. Medicare Advantage (MA) markets provide a real-world example supporting the view that provider price regulation and insurance market competition can be complementary.


2017 ◽  
Vol 35 (1) ◽  
pp. 185-215
Author(s):  
Hyun Jae Park ◽  
Jaewan Park ◽  
Hye Jeong Nam

2019 ◽  
Vol 2 (2) ◽  
pp. 54-64
Author(s):  
Ali Zurapov

In conditions of market competition, the fundamental goal of any commercial organization is to obtain the greatest profit, which directly depends on the amount of income received and expenses incurred. Current paper discuses  about main source of development of the material and technical base of the enterprise, replenishment of its own working capital, ensuring the social needs of the companies. Main objectivity is income factor in the stability of the existence and progress of the monopoly companies. In this regard, the management of the income of the organization is currently quite an urgent task for every giant entrepreneur. The article reveals the essence, purpose, objectives and measures in the field of enterprise revenue management. On the example of a particular enterprise, a dynamic and structural analysis of its revenues is carried out.


Sign in / Sign up

Export Citation Format

Share Document