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This paper seeks to assess the impact of liberalisation and privatisation on performance in the generation segment of the electricity supply industry. Regulatory indicators for a panel of 19 OECD countries over a 10 year time period were constructed to examine the influence of regulatory reform...
Persistent link: https://www.econbiz.de/10014159678
This paper seeks to assess the impact of liberalisation and privatisation on performance in the generation segment of the electricity supply industry. Regulatory indicators for a panel of 19 OECD countries over a 10 year time period were constructed to examine the influence of regulatory reform...
Persistent link: https://www.econbiz.de/10012446021
The Russian Federation is in the process of making major structural changes to its railway and electricity sectors. Both sectors will be at least partly vertically disintegrated, with the aim of creating competition in the "upstream" sector while maintaining state ownership and control of the...
Persistent link: https://www.econbiz.de/10014075403
, or formally controlled by private actors. Focusing on transnational business regulation, the paper presents several … related arguments: First, in many cases transnational private regulation can be understood as a means firms dominating a …, transnational private regulation is only likely to emerge if a stable ‘conception of control’ has emerged among the ‘incumbent firms …
Persistent link: https://www.econbiz.de/10014196326
the concept of public and private domains in constitutional law and economics, the private fund regulation will be … regulation may be justified. This paper further studies the two-pronged approach to addressing risk spillovers in the Dodd …-Frank act in light of the public-private dichotomy. First, the recent extension of government regulation to directly regulate …
Persistent link: https://www.econbiz.de/10013075089
During the subprime financial crisis of 2007-2009, the U.S. transformed its policies from a focus on privatization and deregulation to one where the government plays an active role as a market participant. By the end of the 2009 fiscal year, the U.S. government became one of the largest...
Persistent link: https://www.econbiz.de/10013133324
I examine the effects of privatization, in the form of acquisitions, in the Swedish electricity distribution sector. As the majority of the distribution networks remained publicly owned, I use a synthetic control method to identify the effects on price and labor efficiency. In comparison to...
Persistent link: https://www.econbiz.de/10011561082
. Recognising that regulation is itself costly, and that market contracting, ownership and regulation are partly substitutable forms … contracting, ownership and regulation than does state ownership. Regulation of customer-owned distribution (and transmission) is … ownership has evolved as an effective substitute for regulation. Policy implications are drawn …
Persistent link: https://www.econbiz.de/10014062279
The paper introduces insights into a methodology for developing regulation applicable to networked industries … restructuring of networked utilities in transition economies, discuss the regulation experiences that followed the implementation of … this process, and chart a method in which to establish growth-enabling liberalization through regulation. By evaluating the …
Persistent link: https://www.econbiz.de/10014192088
"Regulatory reform" once meant either "alternatives to rate-of-return regulation" or "the advantages of privatization …
Persistent link: https://www.econbiz.de/10014075943