Power market integration is analyzed in a two countries model with nationally regulated firms and costly public funds …, while the importing country benefits from lower prices. This is a case where market integration also improves the incentives …

We consider the regulation of national firms in a common market. Regulators can influence the production of national … firms but they incur in a positive cost of public funds. First, we show that market integration is welfare improving if and … that supranational competition can have very different consequences on the rent seeking behaviour of firms, depending on …

We test for the distributional effects of regulation and entry in the mobile telecommunications sector in a highly … mobile termination rate regulation. We find that regulation benefits consumers significantly more than entry does, and that …

areas. In particular, the U.S. telecommunications sector was hit by a deep crisis and electricity reforms suffered under the … experiences in other areas suggesting that competition could provide large benefits to hitherto regulated utilities in local … telephony and the electricity sector. Part of the explanation lies in an underestimate of the coordination problems, resulting …

, but no incentives to internalize how the TV-channel's profits from the advertising market are affected by end-user prices …. Second, a TV channel might find it optimal to commit to not raising advertising revenue. Third, regulation of the advertising …

in the western portions of the Pennsylvania-New Jersey-Maryland electricity market and much of the Midwestern states. We …Electricity transmission redistributes environmental impacts across space. We exploit episodes of high electricity …. Reducing electricity system congestion decreases ozone and PM2.5 concentrations in New England and New York and increases them …

are on electricity-included property lease contracts causing them to face a marginal electricity price of zero. We use … electricity in response to summer temperature fluctuations. The result is retrieved under weaker identifying assumptions than … previous split incentives papers, and is robust when exposed to several opportunities to fail. The electricity reduction in …

Electricity is a general purpose technology and the catalyst for the second industrial revolution. Developing countries … with the length of higher-voltage electricity lines. Instrumenting for electrification using hydroelectric potential, we …

This paper develops a pseudo-panel approach to examine household electricity demand behaviour through the household … evidence that the income elasticity of French residential electricity demand is 0.22, averaged over our four cohorts of … electricity consumption follows an inverted U-shaped distribution as a function of the age of the household's head. Most notably …