Impact of Rate-Of-Return Regulation on Technological Innovation

List of contents

Contents: Introduction; The rate of return regulation; The Averch-Johnson model; Augmented Averch-Johnson; Research joint ventures; Evidence from electric utilities in Texas; Implications and conclusions; Bibliography; Index.

About the author

Mark W. Frank, Sam Houston State University, Huntsville, Texas, USA

Summary

Using theoretical models such as the Averch-Johnson model and a two-stage Nash equilibrium model, Frank looks at what impact government rate of return regulation has on the level of technological innovation of firms in a monopolistic market structure.

Additional text

’This book will be of interest to anyone concerned with technological change and/or the impact of public policy on growth...In addition to its application to rate-of-return regulation, the reader will find this book suggestive for further research into the impact upon technological change of other forms of regulation.’ Professor Barry J. Seldon, University of Texas, USA ’This book has provided a thorough overview and interesting extension of the impact of government regulation on innovativeness.’ Review of Industrial Organisation

Product details

• Authors: Mark W. Frank, Frank Mark W.
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Paperback / Softback
• Released: 30.04.2017
• EAN: 9781138263857
• ISBN: 978-1-138-26385-7
• No. of pages: 146
• Series: Bruton Center for Development Studies Series; Bruton Center for Development Studies Series
• Subjects: Social sciences, law, business > Business > General, dictionaries; SCIENCE / Earth Sciences / Geography, BUSINESS & ECONOMICS / Economics / Theory, Economic history, Labour / income economics, Labour Economics, Research & development management, Human Geography, Research and development management