The economics of government regulation : theory and Canadian practice / by John C. Strick.
By: Strick, John C [author.]
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Item type | Current location | Home library | Collection | Shelving location | Call number | Status | Date due | Barcode |
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Matheson Library | Matheson Library | Main Collection | Main Collection | 338.971 S916 (Browse shelf) | Available | 163022 |
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338.9669 B171i Indigenization and economic development | 338.967 S942 Successful development in Africa : | 338.968 W728 South Africa's war against capitalism / | 338.971 S916 The economics of government regulation : | 338.97293 M123m Macroeconomic policy alternatives in the Dominican Republic | 338.973 B743r Reagan and the U.S. economy : | 338.973 F346s Social experimentation and economic policy |
Includes bibliographical references and index.
"Regulation is a public policy approach closely related to calculations of the equilibrium of supply and demand as well as cost-benefit analysis. Governments combine a variety of incentives and restrictions on behaviour, including laws and regulations, in order to lead enterprises and smaller entities within the economy to pursue policies in the public interest. This book offers an in-depth and systematic review of the economic theory of regulation, with particular emphasis on the Chinese context. The basic concepts cover economic and social regulation, regulatory process, regulation under asymmetric information and capture theory. Drawing from a myriad of cases across the telecommunications, electric power, and water industries sectors since the founding of the People's Republic of China in 1949, the author explores economic regulation in China with reference to natural monopoly, investment, price level and price structure, entry, and competition. In addition, he discusses theories of externalities and asymmetric information, which are analysed in the light of China's environmental and product quality regulation. The author argues that the Chinese government has deregulated its economy to a large extent in the past and proposes that the Chinese government will enforce social regulation in the future. Students and scholars of government regulation, economics, and industrial organization will find this volume to be an essential guide"-- Provided by publisher.
Description based on print version record and CIP data provided by publisher.
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