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Competition in public utility sectors has been encouraged in recent years throughout Europe. In this paper we try and analyse the welfare effects of these reforms in Italy, with particular attention to water and energy goods. The first step is to introduce a sensible measure of affordability of...
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Relying on a general equilibrium model of Argentina’s economy calibrated for 1993 and internalizing all productivity and scale gains achieved up to 1999, this paper isolates the distributional effects of utilities reform from the impact of other reforms taking place in the country during the...
Persistent link: https://www.econbiz.de/10010279242
structure with one firm choosing higher investments. While access regulation imposed on the dominant firm leads to lower prices … network effects leading to potentially increased demand, regulation can substantially lower aggregate social welfare …
Persistent link: https://www.econbiz.de/10010260943
We use UK micro data to explore whether planning regulation reduced UK retailing productivity growth between 1997 and …
Persistent link: https://www.econbiz.de/10010269333
the utility with an appropriate level of return. The regulation timing consists of an endogenous regulatory lag where the … regulation has a fixed-price nature followed by a period of rate-of-return regulation in which the firm is motivated to adjust …
Persistent link: https://www.econbiz.de/10011608615
Seit 1998 sind wettbewerblich organisierte Energiemärkte Wirklichkeit geworden. Vor allem die Initiativen der Europäischen Union haben dazu geführt, daß die alten Monopolstrukturen aufgelöst worden sind und sich die Anbieter auf Strom- und in Zukunft auch auf Gasmärkten der Konkurrenz...
Persistent link: https://www.econbiz.de/10014493085
mechanism which was used for this purpose. The analysis suggests that capitalization and regulation, and the liberalization of …. – privatization ; regulation ; utilities ; poverty …
Persistent link: https://www.econbiz.de/10010279059
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