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variety of incentive-based regulation policies. In practice such exercises are often plagued by incomplete knowledge about the … pertinent to regulation contexts often leads to low numbers of cross-section observations, rendering reliable estimation based …
Persistent link: https://www.econbiz.de/10010292679
other factors, such as the political agenda and the historical context of the regulation. This sometimes results in some … regulation of the Danish water sector. More specifically, we look at the characteristics of the method the regulator uses to take …
Persistent link: https://www.econbiz.de/10012174684
problem. The regulator has, therefore, initiated an extensive effort to try to incorporate supply quality in the regulation …
Persistent link: https://www.econbiz.de/10012310924
implications are higher the more heterogeneous the sector is. As an example, we use the Danish benchmarking regulation of the waste …
Persistent link: https://www.econbiz.de/10013170784
Data Envelopment Analysis (DEA) based cost norms have attractive properties in the regulation of natural monopolies … that the regulation will induce socially optimal output levels. In this paper, we analytically and numerically examine the … that the eight-year catch-up period allowed in this regulation gives strong incentives to reduce costs since the firms can …
Persistent link: https://www.econbiz.de/10012518442
variety of incentive-based regulation policies. In practice such exercises are often plagued by incomplete knowledge about the …-section data. However, the typical oligopolized market structure pertinent to regulation contexts often leads to low numbers of …
Persistent link: https://www.econbiz.de/10011641668
Germany's water supply industry is characterized by a multitude of utilities and widely diverging prices, possibly resulting from structural differences beyond the control of firms' management, but also from inefficiencies. In this article we use Data Envelopment Analysis and Stochastic Frontier...
Persistent link: https://www.econbiz.de/10010286287
The German potable water supply industry is regarded as being highly fragmented, thus inhibiting high potentials for efficiency improvements through consolidation. Focusing on a hypothetical restructuring of the industry, we apply Data Envelopment Analysis (DEA) to analyze the potential...
Persistent link: https://www.econbiz.de/10010287320
The German potable water supply industry is regarded highly fragmented, thus preventing efficiency improvements that could happen through consolidation. Focusing on a hypothetical restructuring of the industry, we use a cross-section sample of 364 German water utilities in 2006, applying Data...
Persistent link: https://www.econbiz.de/10011518949
In the course of the 1990s, the EU has embarked on an ambitious regulatory reform programme for a number of European network industries, such as telecommunications, energy and transport. This paper analyses the potential benefits of successful reforms in these sectors with a focus on the price...
Persistent link: https://www.econbiz.de/10011606180