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regulation, which has been capable of providing solutions to unforeseen events in the process. Our paper seeks to contribute to …
Persistent link: https://www.econbiz.de/10013014898
As part of the Single Market Program the European Commission commanded the liberalization and regulatory harmonization of utilities, transport and telecommunication services. This paper investigates whether and how this process affected the productivity of European network firms. Exploiting the...
Persistent link: https://www.econbiz.de/10013117179
We use firm-level data for France and Italy to explore the impact of service regulation reform implemented in the two …
Persistent link: https://www.econbiz.de/10013119082
Under what conditions does cost-of-service regulation lead firms to distort costs? This paper analyzes changes in fuel …-level legislation that ended cost-of-service regulation among investor-owned electric utilities in the late 1990s. I construct a … under cost-of-service regulation. I then show that the drop in the price of coal is associated with a reallocation of …
Persistent link: https://www.econbiz.de/10014153006
We use firm-level data for France and Italy to explore the impact of service regulation reform implemented in the two …
Persistent link: https://www.econbiz.de/10014159281
Given the characteristics of electricity and the reforms that this sector has undergone, there is still a lot of discussion regarding the best way of ensuring adequate supply in such an environment. The situation is even more critical for countries like Colombia with high dependence on hydro...
Persistent link: https://www.econbiz.de/10014054084
Although the allocative efficiency benefits of competition are a tenet of microeconomic theory, the relation between competition and technical efficiency is less well understood. Neoclassical models of profit-maximization subsume static cost-minimizing behavior regardless of market...
Persistent link: https://www.econbiz.de/10014028681
Commission's current decision to lift the ex ante regulation on the fixed-line telephony market. …
Persistent link: https://www.econbiz.de/10010471208
This paper deals with the relationship between the traditional fixed-line, mobile and Voice over IP telephony in the EU.We estimate the supply and demand for fixed-line telephony using data on 25 EU member states for the 2006:Q2 - 2011:Q4 period. Employing instrumental variable approach, we...
Persistent link: https://www.econbiz.de/10010396574
, privatization, and the (re)structuring of regulation. Second, it attempts to estimate the extent to which these policies have …
Persistent link: https://www.econbiz.de/10013068705