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A considerable literature has extolled the virtues of transitioning away from rate-of-return regulation for …, transmission capacity under rate-of-return regulation may be suppressed relative to that which occurs under a more flexible price … for the regulation of transmission network infrastructure, which emanate from the well-known effects of congestion on the …
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avoid the endogeneity problem and to estimate the long-run effects of regulation. We introduce a set of regulatory … indicators as market entry regulation, ownership structure, vertical separation and market structure and account for structural …. -- natural gas ; networks ; regulation ; ownership unbundling ; panel data …
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Countries in Asia, Europe, and North and South America are introducing reforms to boost efficiency and attract new private investment in their natural gas industries. The trend has been to unbundle along vertical and horizontal lines and to open wholesale gas markets to new entrants. These new...
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