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In the past two decades privatisation and liberalisation of network industries providing services of general economic interest (SGEI), have been particularly significant in the European Union. Wide variations around a common policy trend can, however, be observed across countries and sectors. We...
Persistent link: https://www.econbiz.de/10003985907
This paper assesses Brazil’s regulatory framework and agencies for several network industries (electricity, oil and gas, and water and sanitation). Private investment can be encouraged by tackling regulatory uncertainty in many areas. To this end, recent initiatives include a new regulatory...
Persistent link: https://www.econbiz.de/10012444125
In this article we chart the development of competition and deregulation of the British retail energy markets, explaining the evolution of competitive constraints when consumers are introduced to supplier choice for the first time. In the context of rising real energy prices for consumers, and...
Persistent link: https://www.econbiz.de/10014052667
principles and design practices borrowed directly from economic regulation of public utilities and against the backdrop of the …
Persistent link: https://www.econbiz.de/10013222136
U.S. network industry reforms led other countries in the past, but have recently run into difficulties in specific areas. In particular, the U.S. telecommunications sector was hit by a deep crisis and electricity reforms suffered under the California disaster. Part of the explanation for these...
Persistent link: https://www.econbiz.de/10013319434
in India. The Indian electricity regulation provides an opportunity to do comparative analysis of the approaches taken by …
Persistent link: https://www.econbiz.de/10013150025
Regulator needs reliable information on which to base its policies when practicing regulation on individual firms …
Persistent link: https://www.econbiz.de/10014188625
Electricity distribution network is a prime example of a natural local monopoly. In many countries, electricity distribution is regulated by the government. In Finland, the regulator estimates the efficient cost frontier using the data envelopment analysis (DEA) and stochastic frontier analysis...
Persistent link: https://www.econbiz.de/10014183631
favour or against) can be comfortably contrasted by a counterargument. In our view, an effective regulation would solve the …
Persistent link: https://www.econbiz.de/10012707645
This paper analyses the foundations of efficient-firm regulation (implemented in Chile for almost two decades), and the … companies. We show that efficient-firm regulation implies setting prices equal to long-run average cost, which is optimal when … the firm is required to be self-financing. In contrast, this is not true of the best-known alternatives, namely regulation …
Persistent link: https://www.econbiz.de/10014029452