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This paper traces the process of deregulation in the US natural gas market in the 1970s and 1980s and the restructuring … of the gas market in the 1990s. I review the politics behind deregulation and the actions of the FPC and FERC to first …
Persistent link: https://www.econbiz.de/10012918519
frequency, aircraft size, prices) in the post-deregulation U.S. airline industry. We show that legacy carriers choice of Hub …
Persistent link: https://www.econbiz.de/10014214071
by high uncertainty. We analyze the short-term impact of retail deregulation on the productive efficiency of electric … utilities in the United States. We argue that there are transitory costs linked to the process of deregulation. The business … deregulation by adopting vertical integration strategies. Organizational scholars on the contrary argue that firms vertically …
Persistent link: https://www.econbiz.de/10014031113
experience with deregulation created pressures for liberalisation in network industries, where the United States has rather been …
Persistent link: https://www.econbiz.de/10012444089
Pricing greenhouse gases is widely understood as the most efficient approach for mitigating climate change, yet distributional effects hamper political acceptance. These distributional effects are especially important in transport, the fastest growing sector for greenhouse gas emissions. Using...
Persistent link: https://www.econbiz.de/10011774924
This paper examines the investment and financial decisions of a sample of 92 EU regulated utilities, taking into account key institutional features of EU public utilities, such as: a) regulation by agencies with various degrees of independence; b) partial ownership of the state in the regulated...
Persistent link: https://www.econbiz.de/10008729094
Convergence is a multi-facetted phenomenon affecting the technological basis of information and communication industries, the boundaries of existing and new markets, and the organization of service providers. Convergence in substitutes will tend to increase the intensity of competition but...
Persistent link: https://www.econbiz.de/10012755398
As U.S. corporate profit margins have made it to record highs, a debate has raged between those who place their hopes on a new paradigm of sustained high profits and those who believe in capitalism's efficiency and the tendency of margins to revert to the mean. Using a bottoms-up analysis...
Persistent link: https://www.econbiz.de/10013044291
The US government has decidedly moved towards encouraging co-operation in research and development (R&D) between firms, universities, and other research institutes since the early 1980s. The Republican Administration in the early 1980s set the stage for a radical shift in market environment...
Persistent link: https://www.econbiz.de/10011608578
This discussion paper reviews the literature on experiences with innovation under the existing emissions trading schemes in the USA. The basic result from this review is that the innovation effects triggered by emissions trading have been limited because a) targets were not constraining in the...
Persistent link: https://www.econbiz.de/10010304544