Showing 1 - 10 of 3,529
The European Commission is introducing new regulations on submission and publication of data in electricity markets (SPDEM) and on wholesale energy market integrity and transparency (REMIT). I discuss issues relevant for undertaking an evaluation such regulations. I argue that, for market...
Persistent link: https://www.econbiz.de/10010330208
This paper analyses how different types of access regulation to next generation networks affect investments and … regulatory holiday induces highest investments, followed by risk-sharing and long-run-incremental cost regulation. Risk …
Persistent link: https://www.econbiz.de/10010352102
relationship between market structure and innovation, that is the effect of regulation on the incentives to innovate of a regulated … monopolistic firm. More precisely, we discuss the influence of price regulation on the economic incentives to undertake costly R …&D effort to discover a new technology. After a discussion of positive approaches to regulation and their relevance for the …
Persistent link: https://www.econbiz.de/10011608314
country data to study the effect of product market regulation and reform on a country's macroeconomic performance. After a … of product market regulation on mark-ups, firm dynamics, investment, employment, innovation productivity, and output …
Persistent link: https://www.econbiz.de/10010267501
countries, we find that: (i) competition-enhancing regulation is associated with a higher rate of firm churning; (ii) business … regulation can be indirectly associated, via its impact on business dynamism, with the somewhat weak productivity performance in …
Persistent link: https://www.econbiz.de/10012389535
costs in a so-called base year. Such regulation is employed, among others, to govern electricity distribution operators in …. A connected set of price caps exists so that a hybrid regulation consisting of any element in this set and the cost …
Persistent link: https://www.econbiz.de/10014476154
This paper investigates the incentives to invest in improving the quality (as distinguished to investment in a new activity) in telecommunication industry using the empirical example of wireless markets. We highlight that investment incentives are positively related to the potential for...
Persistent link: https://www.econbiz.de/10010309706
This paper attempts to assess the variety and relevance of barriers to entry perceived by Portuguese firms. Based on a questionnaire, Portuguese firms' perceptions were surveyed using a sample of 168 firms. The results suggest that sunk costs, capital requirements, capital costs, and cost...
Persistent link: https://www.econbiz.de/10014525619
Market design for electricity often ignores network congestion initially and addresses it in a second, so-called 'redispatch' stage. For market participants, any two-stage design offers an opportunity to strategically optimize between the different market stages. The current debate is how to...
Persistent link: https://www.econbiz.de/10014476162
We study a two-stage R&D project with an abandonment option. Two types of uncertainty influence the decision to start R&D. Demand uncertainty is modelled as a lottery between a proportional increase and decrease in demand. Technical uncertainty is modelled as a lottery between a decrease and...
Persistent link: https://www.econbiz.de/10010325977