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delicately on a trade-off between the benefits of supplier-specific rather than generally applicable retailer investment, and the …
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We analyse a very rich and unique panel database which provides information on exports at the firm-product level. A stylised fact in the data is that many firms add as well as drop products from the export mix in any given year. Motivated by recent theory we investigate what determines the...
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transport business is accompanied by a comprehensive liberalisation of electricity trade. The extent of this liberalisation … decides whether competition between different trade institutions, e.g. between electricity exchanges and bilateral contracts …, could develop. Therefore, the regulations of the electricity trade are a main focus of the paper. In addition, the paper …
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Gegenstand des Beitrages sind die Umstrukturierungen der Stromwirtschaft in Kalifornien. Im Gefolge der Entwicklungen auf der Bundesebene - dem Energy Policy Act von 1992 und der neueren Politik der Federal Energy Regulatory Commission - hat die kalifornische Regulierungskommission Maßnahmen...
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