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This paper contrasts direct election with political appointment of regulators. When regulators are appointed, regulatory policy becomes bundled with other policy issues for which the appointing politicians are responsible. Since regulatory issues are not salient for most voters, regulatory...
Persistent link: https://www.econbiz.de/10005662098
will be allowed to choose their electricity supplier. This promises to result in lower prices, but there will be additional …Starting in 1998, the electricity market in England and Wales will be opened up to full competition, and all consumers … are likely to be large transfers from electricity companies (and the coal industry) to consumers, but the companies lose …
Persistent link: https://www.econbiz.de/10005662134
The purpose of this paper is to investigate how energy policy should respond to the changes in the organisation of energy sector associated with privatisation. The paper begins with a brief review of how energy policy was perceived before the 1973 oil shock, and the lessons learned from...
Persistent link: https://www.econbiz.de/10005666940
What determines the enforcement of deregulation reform of business activities? What are the outcomes of deregulation … variation. 2) The enforcement of deregulation reform was better in regions with a transparent government, low corruption, better … substantial positive effect of deregulation on net entry and small business employment and no effect on pollution and public …
Persistent link: https://www.econbiz.de/10005667109