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Under what conditions does cost-of-service regulation lead firms to distort costs? This paper analyzes changes in fuel … procurement practices by coal- and natural gas-fired electricity generating plants in the United States following state …-level legislation that ended cost-of-service regulation among investor-owned electric utilities in the late 1990s. I construct a …
Persistent link: https://www.econbiz.de/10014153006
competition effects of changing the rules of the game for existing and new electricity self generators. Our analysis discusses the …
Persistent link: https://www.econbiz.de/10013241991
price schedule of PRB coal is consistent with a theoretical model of the effects of emissions regulation on demand for low …
Persistent link: https://www.econbiz.de/10014028909
-out decision by the German government has significantly affected electricity prices and thus competitiveness in neighbouring …
Persistent link: https://www.econbiz.de/10010388537
-in-differences analysis, I show that U.S. states that adopt electricity market liberalization laws are subsequently fifteen to forty …
Persistent link: https://www.econbiz.de/10012900366
Prior research proposes that a monopolist with private information inflates their reported costs under rate regulation …
Persistent link: https://www.econbiz.de/10013212838
The Italian and European regulatory framework for patents would benefit from further improvements in order to foster dynamic competition between Italian firms. At the national level the exclusive allocation of the right to patent inventions to universities, rather than to researchers, would...
Persistent link: https://www.econbiz.de/10013109093
Persistent link: https://www.econbiz.de/10012936983
This paper examines the impact of labour and product market reforms on economic growth in 25 OECD countries between 1985 and 2013, and tests whether this impact is conditioned by the fiscal policy stance, i.e. whether there are fiscal expansions or adjustments. Our local projection results...
Persistent link: https://www.econbiz.de/10012238489
In 2004, in the beginning of the first president Lula mandate, a complete regulatory reform of electricity was launched … electricity tariffs. The results of the investigation pointed out numerous reasons, but failed to identify generation costs as one … of the main causes. In this paper the analysis done by Congress is broadened addressing the trend in electricity …
Persistent link: https://www.econbiz.de/10011807407