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This paper provides evidence on the migration from an “old” technology to a “new” technology, taking into account the impact that regulatory interventions on the old one might have on the incentives to invest and adopt the new one. This analysis has been applied to a sample of EU27...
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Energy Systems Integration (ESI) is an emerging paradigm and at the centre of the EU energy debate. ESI takes a holistic view of the electricity, gas and heat sectors to deliver a clean, reliable and affordable energy system. By identifying and exploiting the synergies within and between the...
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In this paper we study the effects of the changes in the level of product market regulation on the industry …&D budgets and EPO patent applications from IEA and Eurostat Databases and indexes of market regulation conditions from OECD, in … of market regulation intensity is based on the aggregation of three factors that capture respectively entry barriers …
Persistent link: https://www.econbiz.de/10011148658
We develop a model that examines the capital structure and investment decisions of regulated firms in a setting that incorporates two key institutional features of the public utilities sector in many countries: firms are partially owned by the state and regulators are not necessarily...
Persistent link: https://www.econbiz.de/10009209829
structures. The investment return in terms of demand increase is uncertain. We compare the impact of different access regulation … regimes – full regulation, partial regulation (only the copper network is regulated), risk sharing – on investment incentives …
Persistent link: https://www.econbiz.de/10010595118
price regulation regimes - full regulation, partial regulation (only the copper network is regulated), risk sharing - on … partial regulation and exclusion does not necessarily happen in equilibrium even if the incumbent has more ability than the …
Persistent link: https://www.econbiz.de/10010555872
This paper presents a model of competition between an incumbent firm and an Other Licensed Operator (OLO) in the broadband market, where the incumbent has an investment option to build a Next Generation network (NGN) and it can do so by making an investment sharing agreement with the OLO, or...
Persistent link: https://www.econbiz.de/10010943061