Showing 1 - 10 of 1,109
This paper finds that coherent regulatory policies can boost investment in network industries of OECD economies. Rate-of-return regulation is generally thought to result in overinvestment, while incentive regulation is believed to entail underinvestment. Yet, previous empirical work has...
Persistent link: https://www.econbiz.de/10010273816
This paper investigates the time-series properties of the price of iron ore. The focus is on testing a unit-root null …
Persistent link: https://www.econbiz.de/10010321602
This paper argues that, despite important productivity gains, reforms have benefited consumers much less than expected in El Salvador. Antitrust legislation, consumer protection and an adequate regulation of privatized utilities are central ingredients of a successful market economy. Major...
Persistent link: https://www.econbiz.de/10010369198
In January 2009 Germany introduced incentive regulation for the electricity distribution sector based on results obtained from econometric and nonparametric benchmarking analysis. One main problem for the regulator in assigning the relative efficiency scores are unobserved firm-specific factors...
Persistent link: https://www.econbiz.de/10010271129
We propose a price-cap mechanism for electricity-transmission expansion based on redefining transmission output in … common-price benchmark, an increase in total capacity, and convergence toward the welfare optimum. …
Persistent link: https://www.econbiz.de/10010285525
, illustrate that such unusual properties do not stand in the way of applying price-cap incentive mechanisms to real …
Persistent link: https://www.econbiz.de/10010285531
regulator can propose to the firm to sell the following forward contracts: the firm pays the downstream price to the owners of a …
Persistent link: https://www.econbiz.de/10010286712
Persistent link: https://www.econbiz.de/10011696578
regulator can force the firm to sell the following forward contracts: the firm pays the downstream price to the owners of a …
Persistent link: https://www.econbiz.de/10010333906
vielen anderen Ländern soll künftig auch hier eine sogenannte Anreizregulierung etabliert werden, bei der jedem Netzbetreiber … eine Entwicklung von Preis- oder Erlösobergrenzen für eine Regulierungsperiode vorgegeben wird. Ausgehend von theoretischen … Fundierungen einer Netzentgeltregulierung werden in diesem Beitrag wesentliche Gestaltungselemente einer Anreizregulierung wie …
Persistent link: https://www.econbiz.de/10010377784