Showing 1 - 10 of 46
To date, the distributive implications of incentive regulation on electricity transmission networks have not been … efficiency under price-cap regulation have not yet been identified. To discern these parameters is the motivation for the … price-cap incentive regulation for electricity transmission. We find that a regulator's use of ideal (Laspeyres) weights …
Persistent link: https://www.econbiz.de/10011185762
This paper assesses the relative efficiency of knowledge production in the OECD using a nonparametric DEA approach. Resources allocated to R&D are limited and should therefore be used efficiently given the institutional and legal constraints. This paper presents efficiency scores based on an...
Persistent link: https://www.econbiz.de/10005068973
In 1997, the Comisión Reguladora de Energía of Mexico implemented a netback rule for linking the Mexican natural gas price to the Texas price. At the time, the Texas price reflected a reasonably competitive market. Since that time, there have been dramatic increases in the demand for natural...
Persistent link: https://www.econbiz.de/10008564679
structure with one firm choosing higher investments. While access regulation imposed on the dominant firm leads to lower prices … network effects leading to potentially increased demand, regulation can substantially lower aggregate social welfare …
Persistent link: https://www.econbiz.de/10004963931
This paper analyzes the risk allocation in concession models for German highways, according to the "F-Model" and the "A-Model". We first assess the deficits of traditional construction and management of highways in Germany and present the two concession models. Next, theoretical backgrounds and...
Persistent link: https://www.econbiz.de/10005068932
introduce regulatory lags in the model. A systematic comparison between the results of traditional yardstick regulation and … modified yardstick regulation is carried out. Finally, we discuss the applicability of the mechanism. …
Persistent link: https://www.econbiz.de/10005026829
The amendment to the German Trade and Crafts Code in 2004 offers a natural experiment to asses the causal effects of this reform on the probabilities of being self-employed and transition into and out of self-employment, using cross-sections (2002-2006) of German microcensus data. This study...
Persistent link: https://www.econbiz.de/10008671251
analyses, which were based on simplifying assumptions. We show that a combined merchant-regulatory regulation, which draws on a …
Persistent link: https://www.econbiz.de/10008855640
Sub-Saharan Africa ranks among the top regions in terms of growth in the number of mobile phone users. The success of mobile telephony is attributed to the opening of markets for private players and lenient regulatory policy. However, markets may be increasingly saturated and new regulations...
Persistent link: https://www.econbiz.de/10009651987
We model competition between two unregulated mobile phone companies with price-elastic demand and less than full market coverage. We also assume that there is a regulated full-coverage fixed network. In order to induce stronger competition, mobile companies could have an incentive to raise their...
Persistent link: https://www.econbiz.de/10004963742