Schmitt, Stephan; Kucsera, Denes - In: Review of Network Economics 13 (2014) 1, pp. 35-67
Abstract The aim of this paper is to provide deeper insights into the impact of regulatory reforms and privatization on the R&D spending of electricity utilities. Building on a novel panel data set including the biggest European utilities from eight EU countries over a period from 1985 to 2010,...