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When Does Regulation Distort Costs? Lessons from Fuel Procurement in U.S. Electricity Generation

Cicala, Steve - 2013

Under what conditions does cost-of-service regulation lead firms to distort costs? This paper analyzes changes in fuel …-level legislation that ended cost-of-service regulation among investor-owned electric utilities in the late 1990s. I construct a … under cost-of-service regulation. I then show that the drop in the price of coal is associated with a reallocation of …

Persistent link: https://www.econbiz.de/10014153006

Productivity Gains from Services Liberalization in Europe

Bena, Jan - 2011

As part of the Single Market Program the European Commission commanded the liberalization and regulatory harmonization of utilities, transport and telecommunication services. This paper investigates whether and how this process affected the productivity of European network firms. Exploiting the...

Persistent link: https://www.econbiz.de/10013117179

The Impact of Regulations and Institutional Quality on Entrepreneurship

Chambers, Dustin - 2018

This paper examines the impact of start-up regulations and institutional quality on the level of new business activity in a panel of 119 countries between 2001 and 2012. We find robust evidence that new business creation is significantly lower in countries with excessive barriers to entry, a...

Persistent link: https://www.econbiz.de/10012932206

Measuring the impact of structural reforms and investment policies: A DSGE model for South Africa

Fall, Falilou - 2022

This paper aims at quantifying the macroeconomic and distributional impacts of product market reforms and additional public investment using a DSGE model. The model reflects specific features of the South African economy. Tradable and non-tradable product markets are modelled separately, and a...

Persistent link: https://www.econbiz.de/10013523692

How effective are different social policies in Brazil? A simulation experiment

Arnold, Jens Matthias - 2021

Brazil spends around 15% of GDP on different social benefits, but within these expenditures, different benefits have different social impacts. While the small conditional cash transfer programme Bolsa Família is well-targeted to the poor and has a strong diminishing effect on inequality,...

Persistent link: https://www.econbiz.de/10012630308