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Cadmus, EUI Research Repository
Part of book or chapter of book . 2005
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Advertising restrictions in professional services

Authors: Fumagalli, Chiara; Motta, Massimo;

Advertising restrictions in professional services

Abstract

There are some 15 OECD countries where advertising professional services is completely or partially restricted. This paper provides economic arguments to support the view that such restrictions are welfare detrimental. In particular, we illustrate the theoretical arguments providing underpinning to the fact that advertising is not expected to decrease the quality of professional services. We also illustrate the empirical evidedence documenting that advertising professional services seems to favour entry and reduce concentration. There is a strong case, thus, to remove advertising restrictions.

Country
Italy
Keywords

ANTI-COMPETITIVE REGULATION, BARRIER TO ENTRY

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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