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competitive concept. The analysis models some 15 effects, grouped in three categories: the competition effect, the interconnector …
Persistent link: https://www.econbiz.de/10005783773
This paper explores the empirical effects of competition on technical efficiency in the context of electricity industry …
Persistent link: https://www.econbiz.de/10005647381
This paper examines a decade of retail competition in the Dutch electricity market and discusses market structure …, regulation, and market performance. We find a proliferation of product variety, in particular by the introduction of quality …, but it can also indicate a strategic product differentiation to soften price competition. Although slightly downward …
Persistent link: https://www.econbiz.de/10012988960
This paper examines the relative importance of horizontal market structure, auction design, and vertical arrangements in explaining electricity prices. We define vertical arrangements as either vertical integration or long term contracts whereby retail prices are determined prior to wholesale...
Persistent link: https://www.econbiz.de/10014027930
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 competitiveness, but agency models of managerial behavior suggest possible scope for competition …
Persistent link: https://www.econbiz.de/10014028681
Empirical work shows that competition is important for promoting economic growth. However, in Japan the promotion of … competition has long been compromised by ministerial guidance and exemptions from the competition law. Thus, the level and growth … Japanese economy had difficulty in coming out of the quasi-stagnation of the past decade. Recognising that gains from more pro-competition …
Persistent link: https://www.econbiz.de/10012444046
. Competition has an important role to play in achieving such gains. However, Korea’s development strategy has tended to weaken … competition and has left a legacy of government intervention. Strengthening competition requires upgrading competition policy …
Persistent link: https://www.econbiz.de/10012444204
In order to meet the Kyoto targets, in the Netherlands in 2010, 9% of electricity consumption should be generated from renewable resources. In this paper, we discuss and comment on the green energy policy that the Dutch government has adopted in 2001 and 2002 in order to reach this goal, and the...
Persistent link: https://www.econbiz.de/10014071275
In pursuit of economic growth and development, countries have tried to strike a balance between competition and … how the introduction of competition policies and laws in South Korea, China, India, Indonesia and the Philippines affected … role for recalibrating policies to adjust the balance between industrial concentration and competition, so that the over …
Persistent link: https://www.econbiz.de/10013101330
This paper is offering a presentation of the energy market in Romania by analyzing its characteristics before and after the fall of communism. Becoming a member of the European Union brought many challenges for our country on different levels, the restructuring of the energy market being one of...
Persistent link: https://www.econbiz.de/10010859862