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Can Producers Apply a Capacity Cutting Strategy to Increase Prices? The Case of the England and Wales Electricity Market
Tashpulatov, Sherzod N. - 2012
Promoting competition among electricity producers is primarily targeted at ensuring low electricity prices for consumers. Producers could, however, withhold part of production facilities (i.e., apply a capacity cutting strategy) and thereby push more expensive production facilities to satisfy...
Persistent link: https://www.econbiz.de/10013105015
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The UK National Minimum Wage's impact on productivity
Rizov, Marian; Croucher, Richard; Lange, Thomas - 2018
Low pay poses issues for managers internationally. We examine productivity in low-paying sectors in Britain, since the …-incentives channel and linking it to a model of unobserved productivity. We estimate firm-specific productivity measures and aggregate … aggregate low-paying sector productivity. These findings highlight increased wages' incentive effects with implications for …
Persistent link: https://www.econbiz.de/10011916733
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Ownership and performance in electric utilities : the international evidence on privatization and efficiency
Pollitt, Michael G. - 1995
Persistent link: https://www.econbiz.de/10000906527
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The Banks that Said No : Banking Relationships, Credit Supply and Productivity in the United Kingdom
Franklin, Jeremy - 2015
. Controlling for demand in the product market, we find that the contraction in credit supply reduced labour productivity, wages and …
Persistent link: https://www.econbiz.de/10013013732
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UK electricity supply under public ownership
Chesshire, John - 2009
Persistent link: https://www.econbiz.de/10003973752
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Empirical reflections on the liberalisation of the UK electricity supply industry
Wright, Philip; Thomas, Stephen D. - In: Economia delle fonti di energia e dell'ambiente 44 (2001) 2, pp. 7-24
Persistent link: https://www.econbiz.de/10001661958
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6th World Pensions Forum held in London : Greening, Governance and Asset Ownership
Weeks, David - 2019
The sixth annual World Pensions Forum was held on 23-24 February 2017 at the Queen's House in the Royal Borough of Greenwich.Over 120 representatives attended: from pension and sovereign funds, central banks and government agencies including financial regulators. Topics discussed included...
Persistent link: https://www.econbiz.de/10012860338
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Welfare and competition effects of electricity interconnection between Great Britan and Ireland
Malaguzzi Valeri, Laura (contributor) - 2008
This study analyzes the effects of additional interconnection on welfare and competition in the Irish electricity market. I simulate the wholesale electricity markets of Great Britain and the island of Ireland for 2005. I find that in order for the two markets to be integrated in 2005,...
Persistent link: https://www.econbiz.de/10003671612
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The impact of policy measures on future power generation portfolio and infrastructure : a combined electricity and CCTS investment and dispatch model (ELCO)
Mendelevitch, Roman; Oei, Pao-Yu - 2015
This paper presents a general electricity-CO2 (ELCO) modeling framework that is able to simulate interactions of the energy-only market with different forms for national policy measures. We set up a two sector model where players can invest into various types of generation technologies including...
Persistent link: https://www.econbiz.de/10011392062
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The Single European Electricity Market : A Long Road to Convergence
Coppens, François - 2010
In the context of a first Working Paper the authors argued that electricity has a number of characteristics that set it apart from other commodities. It was demonstrated that some of these characteristics might complicate the deregulation process. This paper analyses the ongoing deregulation...
Persistent link: https://www.econbiz.de/10013137272