The Economics of Government Regulation: Fundamentals and Application in China

ISBN-13: 9781032026510 / Angielski / Twarda / 2021 / 250 str.

Wang Junhao

Opis

This book offers an in-depth and systematic review of the two major forms of regulation—regulatory process and capture theory, with particular emphasis on the Chinese context, 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.

Spis treści

Part 1: Introduction. 1. Economic Analysis of Government Regulation. 2. Introduction to Government Regulation. Part 2: Economic Regulation. 3. Theories of Natural Monopoly and Investment Regulation. 4. Theory of Price Level Regulation. 5. Theory of Price Structure Regulation. 6. Theory of Entry Regulation. 7. Theory of Competition in a Natural Monopoly. 8. Regulation in the Telecommunications Industry in China. 9. Regulation in the Electric Power Industry in China. 10. Regulation in the Water Industry in China. Part 3: Social Regulation. 11. Externalities and Environmental Regulation in China. 12. Asymmetric Information and Product Quality Regulation in China. Part 4: Conclusion. 13. Trends in Regulation and Policy Implications in China

O autorze

Wang Junhao is a specialist of government regulation in China, professor and dean of the China Institute of Regulation Research, Zhejiang University of Finance and Economics (ZUFE), and author of 20 academic books and more than 150 peer-reviewed academic papers.