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Regulating a Multi-Utility Firm
Calzolari, Giacomo; Scarpa, Carlo - C.E.P.R. Discussion Papers - 2007
We study the regulation of a utility firm which is active in a competitive unregulated sector as well. If the firm … and quantity competition) and also optimal regulation. Accounting for the several effects of regulation on the unregulated … market, we show the existence of an informational externality, in that regulation provides useful information to the rival …
Persistent link: https://www.econbiz.de/10005124135
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Economic Integration and Investment Incentives in Regulated Industries
Auriol, Emmanuelle; Biancini, Sara - C.E.P.R. Discussion Papers - 2009
The paper studies the impact of market integration on investment incentives in non-competitive industries. It distinguishes between investment in transportation and production cost-reducing technologies. Each domestic firm is controlled by a national regulator in a common market made of two...
Persistent link: https://www.econbiz.de/10005012490
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Death by Market Power: Reform, Competition and Patient Outcomes in the National Health Service
Gaynor, Martin; Moreno-Serra, Rodrigo; Propper, Carol - C.E.P.R. Discussion Papers - 2011
The effect of competition on the quality of health care remains a contested issue. Most empirical estimates rely on inference from non experimental data. In contrast, this paper exploits a pro-competitive policy reform to provide estimates of the impact of competition on hospital outcomes. The...
Persistent link: https://www.econbiz.de/10008854479