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For almost thirty years, Brookings Papers on Economic Activity (BPEA) has provided academic and business economists, government officials, and members of the financial and business communities with timely research of current economic issues.

Contents Include:

Articles

SAM PELTXMAN

The Economic Theory of Regulation after a Decade of Deregulation

STEVEN A. MORRISON and CLIFFORD WINSTON

Enhancing the Performance of the Deregulated Air Transportation System

PAUL L. JOSKOW

Regulatory Failure, Regulatory Reform, and Structural Changed in the Electrical Power Industry

LAWRENCE F. KATZ and LAWRENCE H. SUMMERS

Industry Rents: Evidence and Implications

ZVI GRILISHES

Patents: Recent Trends and Puzzles

ARIEL PAKES and MARGARET SIMPSON

Patent Renewal Data