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Stochastic frontier panel data modelling for regulatory benchmarking: An application to the Turkish electricity distribution sector
BAĞDADİOĞLU, Necmiddin; WEYMAN-JONES, Thomas - In: Iktisat Isletme ve Finans 25 (2010) 297, pp. 97-119
heterogeneity and inefficiency, encapsulating the regulatory dilemma in comparative efficiency analysis for incentive regulation. It … with incentive benchmarking regulation that characterizes the European Union. The results confirm the importance of …
Persistent link: https://www.econbiz.de/10008752895
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The Impact of Regulatory Growth on Operating Costs
Fullenbaum, Richard - 2020
pronounced effects of regulations occur when a regulation is passed and when compliance dates arrive. Our results imply that the …
Persistent link: https://www.econbiz.de/10012822649
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Comparing Welfare Effects of Different Regulation Schemes : An Application to the Electricity Distribution Industry
Kopsakangas-Savolainen, Maria; Svento, Rauli - 2009
We compare the welfare effects of different regulation schemes of electricity distribution utilities. The compared … regulation schemes are fixed price regulation, cost of service regulation, menu of cost-contingent contracts and simple menus of …. Our basic result is that welfare can be improved by changing the cost of service regulation scheme to the menu of …
Persistent link: https://www.econbiz.de/10014201213
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Railway (De)Regulation : A European Efficiency Comparison
Friebel, Guido; Ivaldi, Marc; Vibes, Catherine - 2005
Many European countries have sought to increase the efficiency of national railroad companies through a range of reforms: separating infrastructure and operations, creating independent regulatory institutions and providing access to the network to third parties. To estimate the effects of...
Persistent link: https://www.econbiz.de/10014073305
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Unobserved technological heterogeneity among German electricity distribution network operators - a latent class analysis
Just, Lisa - 2021
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
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Distributed generation and cost efficiency of German electricity distribution network operators
Just, Lisa; Wetzel, Heike - 2020
incentive regulation and efficiency benchmarking in electricity distribution industries and provides valuable insights for …
Persistent link: https://www.econbiz.de/10012423420
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A profit-maximizing approach for transmission expansion planning using a revenue-cap incentive mechanism
Hesamzadeh, Mohammad Reza; Rosellón, Juan; Gabriel, … - 2015
with the welfare-maximum benchmark and cases of Transco with cost-plus regulation and no regulation. In all tested cases …
Persistent link: https://www.econbiz.de/10010519927
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Incentive Regulation : Evidence From German Electricity Networks
Hellwig, Michael - 2019
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
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A Simple Regulatory Incentive Mechanism Applied to Electricity Transmission Pricing and Investment
Hesamzadeh, Mohammad Reza - 2018
The informationally simple approach to incentive regulation applies mechanisms that translate the regulator's objective …
Persistent link: https://www.econbiz.de/10012932120
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A simple regulatory incentive mechanism applied to electricity transmission pricing and investment
Hesamzadeh, Mohammad Reza; Rosellón, Juan; Gabriel, … - 2017
The informationally simple approach to incentive regulation applies mechanisms that translate the regulator’s objective …
Persistent link: https://www.econbiz.de/10011746784