The economics of government regulation fundamentals and application in China / Wang Junhao ; [translated by Chen Lin].
| Author/creator | Wang, Junhao, 1956- |
| Format | Electronic |
| Publication Info | London ; New York, NY : Routledge, Taylor & Francis Group, 2021. |
| Description | 1 online resource |
| Supplemental Content | Full text available from Taylor & Francis eBooks |
| Subjects |
| Uniform title | Zheng fu guan zhi jing ji xue dao lun. English |
| Series | China perspectives |
| Abstract | "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. |
| Bibliography note | Includes bibliographical references and index. |
| Access restriction | Available only to authorized users. |
| Technical details | Mode of access: World Wide Web |
| Source of description | Description based on print version record and CIP data provided by publisher. |
| Issued in other form | Print version: Wang, Junhao, 1956- Economics of government regulation London ; New York, NY : Routledge, Taylor & Francis Group, 2021 9781032026510 |
| Genre/form | Electronic books. |
| LCCN | 2021000796 |
| ISBN | 9781003184461 (ebook) |
| ISBN | (pbk) |
| ISBN | (hardback) |
Availability
| Library | Location | Call Number | Status | Item Actions |
|---|---|---|---|---|
| Electronic Resources | Access Content Online | ✔ Available |