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This paper explores the empirical effects of competition on technical efficiency in the context of electricity industry …
Persistent link: https://www.econbiz.de/10009441993
up some segments of the industry to competition. Technological changes in generation have helped eliminate the perception …. Marketing functions have also been opened up to competition in many places. This paper includes a brief overview of the … in electricity production, (3) efficiency improvements that stem from the introduction of competition, and (4) the …
Persistent link: https://www.econbiz.de/10009445430
Lower prices for polluting goods will increase their sales and the pollution that results from their production or use. Conventional intuition suggests that this relationship implies a greater need for environmental policy when prices of "dirty" goods fall. But the economic inefficiency...
Persistent link: https://www.econbiz.de/10009445448
-efficiency appliances; e.g., air conditioners. Competition in power generation threatens the viability of these programs. However, it should … problem, but competition can improve the performance of incentive-based regulations (e.g., permit trades), reducing the value …
Persistent link: https://www.econbiz.de/10009445485
Restructuring the electricity market may secure efficiencies by moving away from cost-of-service regulation, with typically (but not necessarily) time-invariant prices, and allowing prices to reflect how costs change. Charging "real time" prices requires that electricity use be measured...
Persistent link: https://www.econbiz.de/10009446679
The traditional structure of the electricity sector in the U.S. has been that of large vertically integrated companies with sole responsibility for distributing power to end users within a franchise area. The restructuring of this sector that has occurred in the past 10-20 years has profoundly...
Persistent link: https://www.econbiz.de/10009460807
of steam-coal trade of several deviations from the simple competitive model. In addition to perfect competition, we … examine monopoly (South Africa) and duopoly (South Africa, Australia) with a competitive fringe (US, Canada, Poland, China and …
Persistent link: https://www.econbiz.de/10009437106
China, as it both challenges old statist models and presents new opportunities for content innovation. This thesis discusses … the status of independent production in China, making relevant comparisons with independent production in other countries …. Independent television production has become an important element in the reform of broadcasting in China in the past decade. The …
Persistent link: https://www.econbiz.de/10009438111
-planned to a market-oriented economy, China has emerged as a global power, particularly an economic power. Meanwhile, more and … Chinese companies against foreign competition in the CCGM at the corporate strategy level.Based on the theoretical framework …, extender, and contender, whereby they can fend off foreign competition and even tap into global markets. Furthermore, local …
Persistent link: https://www.econbiz.de/10009468276
operating in China during 1996-2008, we show that competition actually increased in the past decade when the PE indicator is …. Many empirical studies suggest that financial reform promoted bank competition in most mature and emerging economies …. However, some earlier studies that adopted conventional approaches to measure competition concluded that bank competition in …
Persistent link: https://www.econbiz.de/10012530363