Question

which public interest is important to keep in mind for the establishment of the industry 75-100​

Answer 1

Answer:

Explanation:

By using empirical methodology, this paper investigates to what extent the public interest and the private interest theories, respectively, explain the actual regulatory process. Our estimation findings are as follows: First, on average (whole industry basis), the explanation power of the public interest theory is about 46– 78%, while that of the private interest theory is about 22–54%. Second, the explanatory power of the public interest theory is higher in non-public utility industries, while that of the private interest theory is higher in public utility industries. This suggests that regulations on non-public utility industry are constructed largely with social welfare in mind, as assumed in conventional neoclassical welfare economics, but that those in the public utility industry tend to be captured largely by private groups, as assumed in private interest theory.it is mostly that by the establishment of industries people living there get affected by the sound of industries and the water stream also get polluted due to he chemical released. for these industries sould be build out of the city

and the care should be taken that truble should not cause the local people

the public interest are important for the welfare of the citizens of the country

public interest for

establishment of industries are

•transportation and communications facilities

•proper electricity facilitie

Answer 2

Answer:

Public interest in the establishment of industries is transportation and communications facilities and proper electricity facilities.

Explanation:

This study examines the degree to which the private interest and public interest theories, respectively, can account for the real regulatory process. The results of our estimation are as follows: First, the public interest hypothesis has an average explanation power (based on the entire industry) of $46-78$%, compared to $22-54$% for the private interest theory. Second, the private interest theory has greater explanatory power in companies that do not provide public utilities than the public utility industries do. This suggests that while traditional neoclassical welfare economics assumes that regulations on the non-public utility sector are largely constructed with social welfare in mind, regulations on the public utility sector instead tend to be captured largely by private groups, according to private interest theory. The majority of the time, when an industry is established, the people who live there are adversely affected by the sound of the industry, and the water stream is also contaminated by the chemicals discharged. These industries ought to be established outside of the city, and care ought to be taken to avoid upsetting the neighborhood residents. The welfare of the nation's citizens depends on the public interest.

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