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The unemployment impact of product and labour market regulation : evidence from European countries
Piton, Céline; Rycx, François - 2018
This paper provides robust estimates of the impact of both product and labour market regulations on unemployment using data for 24 European countries over the period 1998-2013. Controlling for country-fixed effects, endogeneity and a large set of covariates, results show that product market...
Persistent link: https://www.econbiz.de/10011871988
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Effects of Regulation on Utility Financing : Theory and Evidence
Taggart, Robert A. - 2008
years of state commission regulation. Examples of an adaptive response pattern on the part of regulators, firms and …
Persistent link: https://www.econbiz.de/10012774607
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Privatisation in developing countries : what are the lessons of recent experience?
Estrin, Saul; Pelletier, Adeline - 2016
This paper reviews recent empirical evidence on privatisation in developing countries. Particular emphasis is placed on new areas of research such as the distributional impacts of privatisation. Overall, the literature now reflects a more cautious and nuanced evaluation of privatisation. Thus it...
Persistent link: https://www.econbiz.de/10011571943
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The impact of regulation on innovation
Aghion, Philippe; Bergeaud, Antonin; Van Reenen, John - 2021
Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss. Four-fifths of this loss is due to lower innovation … changes in the direction of R&D, and find that regulation's negative effects only matter for incremental innovation (as …
Persistent link: https://www.econbiz.de/10012431121
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When Does Regulation Distort Costs? Lessons from Fuel Procurement in U.S. Electricity Generation
Cicala, Steve - 2014
following state-level legislation that ended cost-of-service regulation of electricity generation. I find that deregulated …
Persistent link: https://www.econbiz.de/10013054040
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The U.S. Electricity Industry after 20 Years of Restructuring
Borenstein, Severin - 2015
electricity prices to allow the utility to recover its prudently incurred costs, a process known as cost-of-service regulation …
Persistent link: https://www.econbiz.de/10013023689
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Employment protection reforms, employment and the incidence of temporary jobs in Europe: 1995 - 2001
Kahn, Lawrence M. (contributor) - 2007
Using European Community Household Panel data for nine countries for 1996-2001, I investigate the impact of reforms of employment protection systems on employment and on temporary jobs for wage and salary workers. Individual fixed effects models are estimated, with the inclusion of...
Persistent link: https://www.econbiz.de/10003652681
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The Value of Transmission in Electricity Markets : Evidence from a Nuclear Power Plant Closure
Davis, Lucas W. - 2014
Reliable estimates of the value of electricity transmission are critical if these heavily-regulated investments are to be made cost-effectively. In this paper, we exploit the abrupt closure of the San Onofre Nuclear Generating Station (SONGS) in February 2012. During the previous decade, SONGS...
Persistent link: https://www.econbiz.de/10013053145
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Inferring Carbon Abatement Costs in Electricity Markets : A Revealed Preference Approach Using the Shale Revolution
Cullen, Joseph - 2014
This paper examines how much carbon emissions from the electricity industry would decrease in response to a carbon price. We show how both carbon prices and cheap natural gas reduce, in a nearly identical manner, the historic cost advantage of coal-fired power plants. The shale revolution has...
Persistent link: https://www.econbiz.de/10013039630
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Impacts of the Clean Air Act on the power sector from 1938-1994: anticipation and adaptation
Clay, Karen; Jha, Akshaya; Lewis, Joshua; Severnini, … - 2021
The passage of landmark government regulation is often the culmination of evolving social pressure and incremental … policy change. During this process, firms may preemptively adjust behavior in anticipation of impending regulation, making it … 1970 Clean Air Act (CAA) on the power sector. This unique long panel provides us an extended pre-regulation benchmark …
Persistent link: https://www.econbiz.de/10012582425