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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...
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jurisdictions. This theory of regulatory influence is tested by examining several episodes in the financing experience of U … years of state commission regulation. Examples of an adaptive response pattern on the part of regulators, firms and …
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jurisdictions. This theory of regulatory influence is tested by examining several episodes in the financing experience of U … years of state commission regulation. Examples of an adaptive response pattern on the part of regulators, firms and …
Persistent link: https://www.econbiz.de/10012774607