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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
With interest groups significantly affecting economic performance (according to Mancur Olson) and a vital interest of governments in economic growth and low unemployment in order to win elections, there should be a link between political business cycles and the evolution of lobbies over time...
Persistent link: https://www.econbiz.de/10003873493
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Most quantitative studies deal with the costs of transparency lobbying and give little or no attention to quantifying … the benefits. The aim of the article is to determine options for increasing lobbying transparency and their evaluation and … identified. Option I is the possibility of increasing the transparency of lobbying by measures introduced on lobbyists. Option II …
Persistent link: https://www.econbiz.de/10011940066
We consider the regulation of national firms in a common market. Regulators can influence the production of national …
Persistent link: https://www.econbiz.de/10013316590
We quantify firms' regulatory compliance costs from 2002 to 2014 in terms of their labor spending to adhere to government rules. Detailed establishment-level occupation data, in combination with occupation-specific task information, allow us to recover the share of an establishment's wage bill...
Persistent link: https://www.econbiz.de/10014255956
While some countries have unbundled distribution and retailing, skeptics argue that the physical attributes of electricity make retailers redundant. Instead, it is claimed that passive pass through of wholesale prices plus regulate charges for transmission and distribution success for customers...
Persistent link: https://www.econbiz.de/10012975970
Is a minimum regulation efficient or not? This general question of the paper is answered by empirical evidence using … cost-benefit analyses. The period technical inspection in the European Union is regulated by a minimum regulation leading … for Belgium, which has a best-case inspection, moving to the minimum regulation will lead to annual welfare losses of $93 …
Persistent link: https://www.econbiz.de/10013023432
hundreds of millions of dollars in costs without knowing whether a given regulation will really solve a significant problem …
Persistent link: https://www.econbiz.de/10012985445