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Accounting for network operators' heterogeneity is of crucial importance for regulators. In contrast to observed heterogeneity, the consideration of unobserved differences is far more challenging. Most estimation models try to account for unobserved factors that impact the network operators'...
Persistent link: https://www.econbiz.de/10012628860
incentive regulation and efficiency benchmarking in electricity distribution industries and provides valuable insights for …
Persistent link: https://www.econbiz.de/10012423420
subject to a lower powered regulation mechanism. The difference is particularly significant (about 7%) for firms in the upper …
Persistent link: https://www.econbiz.de/10012899944
's implementation of incentive regulation in 2009 has a negative impact on total investment, and that firms increase their investments … with the German data. The results show that investments increase after incentive regulation, and that the institutional … specific heterogeneity. It should further include all institutional aspects of incentive regulation to design incentives that …
Persistent link: https://www.econbiz.de/10011373911
The purpose of this research is to evaluate the impact of vertical unbundling on German electric utilities. Our research mainly relies on in-depth interviews with sector-experts from the German utilities. We will discuss both short-term changes and the long-term impact on competition in the...
Persistent link: https://www.econbiz.de/10010423531
This paper explores the relation between the regulation of monopolistic upstream prices and the incentives of a …
Persistent link: https://www.econbiz.de/10010492296
How can small and medium-sized German postal providers ensure nationwide geographical coverage without the aid of the former monopolist? A closer look at the industry revealed that postal providers in Germany engage in different types of cooperation in order to expand their geographical coverage...
Persistent link: https://www.econbiz.de/10010189578
used to determine future prices when subject to a lower-powered regulation mechanism. The difference is particularly …
Persistent link: https://www.econbiz.de/10011971656
subject to a lower-powered regulation mechanism. The difference is particularly significant (about 7%) for firms in the upper …
Persistent link: https://www.econbiz.de/10011795225
This paper applies parametric and non-parametric and parametric tests to assess the efficiency of electricity distribution companies in Germany. We address traditional issues in electricity sector benchmarking, such as the role of scale effects and optimal utility size, as well as new evidence...
Persistent link: https://www.econbiz.de/10010296794