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This paper addresses the relationship between the design of incentives to firms under regulation, mainly the rule for adjusting tariffs, and trade balance performance of the country. We also explore whether this relationship is relevant or not for a typical developing economy like Argentina. We...
Persistent link: https://www.econbiz.de/10010988322
The electric power industry reform act in the Philippines has for its main objective the introduction of competition and effective regulation to reduce costs of electric power at retail. Background of high electricity costs is linked to the politics of energy and the structural problems that...
Persistent link: https://www.econbiz.de/10010856195
The Philippine fiscal picture shows an economy that has not yet achieved sustainable long-term fiscal balance. It had taken major steps in this direction from 1990 to 1996. However, since the Asian Crisis, the picture has deteriorated. The tax ratio has declined, the fiscal balance has turned to...
Persistent link: https://www.econbiz.de/10011277911
The regulation of network industries has undergone profound transformation in the past twenty years. The regulated industry is no longer the same, being exposed to new competitive dynamics having revolutionized their industrial framework, technology and interactions with users. There also have...
Persistent link: https://www.econbiz.de/10009392218
The Asian financial crisis has impaired the flow of capital financing the construction of infrastructure crucial for sustaining development in the country. As such, one of the post-crisis challenges has been the development of new and alternative financing mechanisms in light of emerging fiscal...
Persistent link: https://www.econbiz.de/10010667533
The regulation of network industries has undergone profound transformation in the past twenty years. The regulated industry is no longer the same, being exposed to new competitive dynamics having revolutionized their industrial framework, technology and interactions with users. There also have...
Persistent link: https://www.econbiz.de/10005727901
In this paper we advocate using the latent class model (LCM) approach to control for technological differences in traditional efficiency analysis of regulated electricity networks. Our proposal relies on the fact that latent class models are designed to cluster firms by uncovering differences in...
Persistent link: https://www.econbiz.de/10011117662
To support large-scale integration of wind power into electric energy systems, state-of-the-art wind speed forecasting methods should be able to provide accurate and adequate information to enable efficient, reliable, and cost-effective scheduling of wind power. Here, we incorporate space-time...
Persistent link: https://www.econbiz.de/10010994300
The aim of this paper is to identify the factors that drive support levels for wind on-shore electricity in the Member States of the European Union (EU) with the help of econometric techniques. The econometric analysis is based on cross-section linear regressions with ordinary least squares....
Persistent link: https://www.econbiz.de/10010994775
Persistent link: https://www.econbiz.de/10010847200