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reducing prices to increase market share, even though investment in the development of networks is slowing under the impact of …
Persistent link: https://www.econbiz.de/10008833266
This paper finds that coherent regulatory policies can boost investment in network industries of OECD economies. Rate … changed investment in network industries. According to the theoretical literature, regulatory uncertainty exposes both types …-of-return regulation because investment decisions (what can be included in the rate base) are usually evaluated in a discretionary manner …
Persistent link: https://www.econbiz.de/10005045832
estimate the level of e-communications investment in the EU and to examine its main drivers as part of a contributio to the … provides a description of the process of collecting data on investment in physical infrastructure in the e …-communciations sector by country and by sub-sector. It also presents the collected data, showing a decline in overall investment between …
Persistent link: https://www.econbiz.de/10005789277
This paper investigates interaction between energy and agriculture futures prices shedding lights on the recent upsurge of biofuels. We propose the correlation model of price returns between energy and agriculture taking into account biofuels. The empirical studies on the DJ-AIG commodity...
Persistent link: https://www.econbiz.de/10012722802
The creation of a growing number of agencies at the EU level is one of the most significant developments in the administrative structure of the EU. These agencies play a useful role as they allow the Commission to decentralize a number of scientific, technical, or observatory functions to...
Persistent link: https://www.econbiz.de/10012783281
This study tests whether shifts in the price to book ratio (PB) of electric utilities follow a partial adjustment rather than the pure adjustment process implied by the cost-plus pricing policy of regulation. The results for utilities are compared to benchmark results for manufacturing firms to...
Persistent link: https://www.econbiz.de/10012790419
Network neutrality has received a great deal of attention recently, not just from legal academics and telecommunications experts, but from our elected representatives, the relevant agencies and the press. Our representatives have held multiple hearings on network neutrality and are actively...
Persistent link: https://www.econbiz.de/10012753829
This paper analyses stock market volatility for the regulated electricity, gas and water utility industries in the UK for the period 1991-2002. Using a conditional approach, we decompose stock market volatility in components characterised by different degrees of persistence and bearing different...
Persistent link: https://www.econbiz.de/10012754484
A cikk a felfaló árazás és az árprés fogalmának, közgazdasági hátterének bemutatására, valamint annak vizsgálatára vállalkozik, hogy ezekre hivatkozással milyen bírói gyakorlat alakult ki, milyen szabályozói beavatkozások történtek. A felfaló árazás és az árprés...
Persistent link: https://www.econbiz.de/10010963541
The Post Danmark judgment may cast the light on the interpretations by the EU Court of Justice of crucial dimensions of the competition policy as: selective price cuts, above-cost rebates, costs test for exclusionary abuses with common costs. As we see one of the main interests of the decision...
Persistent link: https://www.econbiz.de/10010860429