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Railways Reform and Electricity Reform in Russia, and the Role of the Ministry for Antimonopoly Policy

Pittman, Russell W. - 2003

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

Regulatory Reform : Lessons for Korea

Pittman, Russell W. - 2003

"Regulatory reform" once meant either "alternatives to rate-of-return regulation" or "the advantages of privatization". Now that a broad consensus has been reached on each of these two topics, at least among economists, one subject that has moved to center stage is "vertical restructuring". Many...

Persistent link: https://www.econbiz.de/10014075943

Does Competition Reduce Costs? Assessing the Impact of Regulatory Restructuring on U.S. Electric Generation Efficiency

Markiewicz, Kira; Rose, Nancy L.; Wolfram, Catherine D. - 2005

Although the allocative efficiency benefits of competition are a tenet of microeconomic theory, the relation between competition and technical efficiency is less well understood. Neoclassical models of profit-maximization subsume static cost-minimizing behavior regardless of market...

Persistent link: https://www.econbiz.de/10014028681

Regulatory Institution and Regulatory Practice : Issues in Electricity Tariff Determination in Reformed Electricity Industry in India

Kodwani, Devendra G. - 2010

This paper examines the practice of tariff determination process in a newly created regulatory institutional framework in India. The Indian electricity regulation provides an opportunity to do comparative analysis of the approaches taken by state (provincial) regulators while fixing prices for...

Persistent link: https://www.econbiz.de/10013150025

Stranded Benefits Versus Stranded Costs in Utility Deregulation

Cearley, Reed W.; Cole, Daniel H. - 2003

recover stranded costs in the process of utility deregulation. But they have been rationally silent about the converse problem … little voice in deregulation negotiations. If equity requires that utilities and their investors be compensated for stranded … costs in deregulation, then equity must also dictate that ratepayers be compensated for stranded benefits. Data and …

Persistent link: https://www.econbiz.de/10014087515

Regulatory Objectives and the Intensity of Unbundling in Electricity Markets

Lindemann, Henrik - 2015

Despite the positive effect electricity grids separated from generation and supply by ownership are expected to have on the level of competition in the non-network activities, several EU member states still adhere to a solely legally unbundled transmission grid. This choice might be induced by...

Persistent link: https://www.econbiz.de/10013029089

European Electricity Market Reforms : Any Signs of Efficiency Improvements?

Zarnic, Ziga - 2010

This paper investigates whether European electricity market reforms have induced any changes in firm efficiency either through productive, allocative or dynamic efficiency improvements. In particular, this ex-post analysis looks closely at productivity effects of changing industry structure,...

Persistent link: https://www.econbiz.de/10013142659

From Liberalization Towards Integration : Have Markups of EU Electricity Firms Changed?

Zarnic, Ziga - 2010

This paper presents an ex-post empirical analysis of the impact of European electricity market reforms on markups of firms. The working hypothesis is that further economic integration would bring competition into electricity markets reflected by lower markups of electricity firms. The results...

Persistent link: https://www.econbiz.de/10013142662

Consumer Preference Not to Choose: Methodological and Policy Implications

Brennan, Timothy - 2005

Residential consumers remain reluctant to choose new electricity suppliers. Even the most successful jurisdictions, four U.S. states and other countries, have had to adopt extensive consumer education procedures that serve largely to confirm that choosing electricity suppliers is daunting....

Persistent link: https://www.econbiz.de/10005138490

Introducing Competition and Deregulating the British Domestic Energy Markets: a Legal and Economic Discussion

Harker, Michael; Price, Catherine Waddams - Centre for Competition Policy, University of East Anglia - 2006

In this article we chart the development of competition and deregulation of the British retail energy markets … question of whether the control of pricing practices through the ex post provisions of the general competition law is …

Persistent link: https://www.econbiz.de/10005032067