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, telecommunications, natural gas and oil. This article provides an assessment of these developments, aiming to ascertain what goals policy …
Persistent link: https://www.econbiz.de/10014074924
regulatory jurisdiction is allocated in EU electricity and telecommunications markets. Specifically, this paper assesses the …
Persistent link: https://www.econbiz.de/10014044944
and entry regulation across the EU-15. Our results do not support a systematic association between consumers’ satisfaction …
Persistent link: https://www.econbiz.de/10014138140
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
Despite the positive effect electricity grids separated from generation and supply by ownership are expected to have on the level of competition in the non-network activities, several EU member states still adhere to a solely legally unbundled transmission grid. This choice might be induced by...
Persistent link: https://www.econbiz.de/10010492455
Why do some governments adopt policies to mitigate climate change while others do not? In this study, I illustrate the importance of industrial organization in shaping prospects for climate mitigation policy. Using a generalized difference-in-differences analysis, I show that U.S. states that...
Persistent link: https://www.econbiz.de/10012900366
To date, the distributive implications of incentive regulation on electricity transmission networks have not been … efficiency under price-cap regulation have not yet been identified. To discern these parameters is the motivation for the … price-cap incentive regulation for electricity transmission. We find that a regulator's use of ideal (Laspeyres) weights …
Persistent link: https://www.econbiz.de/10010189844
To date, the distributive implications of incentive regulation on electricity transmission networks have not been … efficiency under price-cap regulation have not yet been identified. To discern these parameters is the motivation for the … price-cap incentive regulation for electricity transmission. We find that a regulator's use of ideal (Laspeyres) weights …
Persistent link: https://www.econbiz.de/10014153552
Despite the positive effect electricity grids separated from generation and supply by ownership are expected to have on the level of competition in the non-network activities, several EU member states still adhere to a solely legally unbundled transmission grid. This choice might be induced by...
Persistent link: https://www.econbiz.de/10013029089
This report is designed to be a self-contained introduction to performance-based regulation (PBR) with an emphasis on …-of-service regulation (COSR), the various forms of PBR and their efficiency properties, common misconceptions about PBR, the economic and …
Persistent link: https://www.econbiz.de/10013250138