The Capturetheory wants to give an alternative explanation for the need of regulation. From this point if view the government does not have enough information to make an optimal regulation. There is a possibility for different interest groups to take advantage of the political arena by rent- seeking behaviour. An industry may be willing to be regulated to protect itself from competition. The objective of this paper is to account for the pros and cons of the theory of regulatory capture and also if it can be applied to the Swedish market of pharmaceuticals. The theory of regulatory capture is first and foremost a theory of the motives behind regulation. The Swedish market for pharmaceuticals has been analysed by looking into the underlying force of both the pharmaceutical industry and that of the State. There is room for the regulatory agencies to be captured by the industry because of the information provided to them by the industry. The concluding findings show that the Capture theory can applied to the Swedish market for pharmaceuticals.

This dissertation comprises three essays in public finance. The first essay is a research of a theory of trading of club goods and its application to jurisdiction. The essay establishes a model of trading of club goods among clubs, and illustrates its effects on the process and outcome of club formation. Cost function as well as disutility of crowdedness is emphasized and integrated into the process of club formation, after allowing for exchanging club good among clubs. In the process, the essay develops a market for club goods. Then the model is revised and applied to the formation of jurisdictions. The second essay comes out of an interest regarding household demand, poverty and public goods in developing countries. The essay explores household food consumption in Jamaica and estimates the effects of related variables. With Jamaica Survey of Living Conditions 2001 data, the essay estimates an Engel curve which reflects the relation between household food consumption and related variables. What’s more, to investigate the possible neighborhood effect on food consumption, the essay tests and estimates the spatial correlation among neighborhood food consumption. The estimated results can be applied to poverty reduction policy. The third essay extends the theme of poverty, consumption, and government programs by analyzing one other public program—education. Education is closely linked to poverty alleviation. Determining the demand for education and the return to education will help government focus programs aimed at reducing drop-out rates and in the long run, poverty in the country. The essay applies discrete time survival analysis techniques to analyze education duration in Jamaica. Based on Jamaica Survey of Living Conditions 2002, the essay estimates the effects of household, individual and other related covariates on dropout risks of students. The essay compares discrete time Cox model and discrete time logit model and concludes that the two estimations are consistent. The estimation results could be used to predict the effects of changes in the covariates, or be used to predict the dropout risks of particular students in each grade, both of which could provide useful policy implications to improve education in Jamaica.

Universiẗat, Diss.--Konstanz, 2004.

Univ., Diss. 2004--Lund, 2004. / Enth. 4 Beitr.

Univ., Diss.--Budapest, 2007. / Literaturangaben.

The thesis explores the nature and characteristics of the independent regulatory agencies, which become a crucial component of the current administrative structures,as well as the possible sources and dynamics behind their emergence. The study begins with investigating in what way the methodological premises of the theories of public choice, new public management, and governance affected the formation, functioning and justification of these agencies and makes an inquiry into the connection between them and the neo-liberal policies implemented since the 1980s.It then focuses on the independent regulatory agencies in the Turkish case and examines the impact of the economic and political conditions in the neo-liberal period in the emergence of these agencies. The thesis seeks to explain the peculiarity of the emergence of IRAs in Turkey, as compared to their American and European counterparts, with special reference to the process of European Integration and to the pressures exerted by the international financial agencies within the context of economic crisis. As geared to the achievement of these objectives, a critical assessment of the debates on independent regulatory agencies in the literature has been made within the scope of the study.

Calif., Univ., Dep. of Economics, Diss.--Stanford, 2002. / Kopie, ersch. im Verl. UMI, Ann Arbor, Mich.

Zugl.: Erfurt, Universiẗat, Diss., 2008.

Frankfurt (Main), University, Diss., 2008. / Enth. 3 Sonderabdr. - Beitr. teilw. dt., teilw. engl.

Thesis (doctoral)--Universität Konstanz, 2008. / Includes bibliographical references (p. 159-176).