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coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 … underlined with lessons from (European) electricity and railways. …What is a good balance between competition and coordination in network industries? Network unbundling aims to promote …
Persistent link: https://www.econbiz.de/10010423547
The Russian Federation is in the process of making major structural changes to its railway and electricity sectors …
Persistent link: https://www.econbiz.de/10014075403
applied to the proposals for restructuring the Korean railways and electricity sectors …"Regulatory reform" once meant either "alternatives to rate-of-return regulation" or "the advantages of privatization …
Persistent link: https://www.econbiz.de/10014075943
Empirical work shows that competition is important for promoting economic growth. However, in Japan the promotion of competition has long been compromised by ministerial guidance and exemptions from the competition law. Thus, the level and growth of productivity have been low in many...
Persistent link: https://www.econbiz.de/10012444046
, including railways,fulfilling universal service obligations into commercially competitive entities. Two, liberalization reforms … caused consistent decline of the sector over the past many decades. Previous attempts to reform the railways have failed due … prior institutional reforms such as unbundling and incorporation, and with a regulatory framework to induce and protect …
Persistent link: https://www.econbiz.de/10014161007
The absence of one broadly accepted design template for liberalised electricity markets induces regulatory competition … accelerate or impede the move to one standard market design in the electricity sector. It reveals that market design convergence … the Florence School of Regulation. In contrast, the United States' Federal Energy Regulatory Commission lacks support …
Persistent link: https://www.econbiz.de/10005212024
could not find any evidence that (ownership) unbundling and incentive regulation affect R&D expenditures of the utilities. …&D spending of electricity utilities. Building on a panel data set including the biggest European utilities from eight EU … of regulation on R&D investment. Nearing competition has a dampening effect on R&D spending, but once the market and …
Persistent link: https://www.econbiz.de/10010337284
In the EU electricity industry, many Vertically Integrated Utilities (VIUs) have ownership both of electricity …
Persistent link: https://www.econbiz.de/10012724805
-specific dynamics, and most rely on Electricity Information Administration (EIA) price data that does not account for riders and … electricity bill data from the Public Utilities Commission of Ohio (PUCO), this paper provides a multi-utility panel regression …
Persistent link: https://www.econbiz.de/10012899365