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We analyze competition between vertically integrated infrastructure operators that provide access in different geographical areas. A regulator may impose a uniform access price, set local access rates, or deregulate access locally. We analyze the impact of these alternative regulatory regimes on...
Persistent link: https://www.econbiz.de/10011083224
This paper reports the results of an experiment evaluating three regulatory schemes for network infrastructure, in terms of their ability to generate efficient levels of capacity investment. We compare the performance of (1) price cap regulation, (2) a regulatory holiday for new capacity, and...
Persistent link: https://www.econbiz.de/10011091044
This article analyzes the impact of incomplete contracts’ length on investment in a bilateral relationship. The seller has the power to set the contract terms whereas the buyer decides on the investment level, which acts as a cap on future demand. Two-part tariffs succeed at implementing the...
Persistent link: https://www.econbiz.de/10008636476
Assessing and quantifying the impacts of technological, economic, and policy shifts in the global energy system requires large-scale numerical models. We propose a dynamic multi-fuel market equilibrium model that combines endogenous fuel substitution within demand sectors and in power...
Persistent link: https://www.econbiz.de/10010896174
The aim of Health in All Policies (HiAP) is to bring diverse sectors together to find shared solutions; it focuses on identifying 'win-win' or 'cobenefits' such that policy measures contribute not only to improved health outcomes but also to outcomes desired by other sectors, such as education,...
Persistent link: https://www.econbiz.de/10010829328
Purpose – This paper aims to identify gaps and critical issues in policy framework for infrastructure debt fund (IDF) to become financially viable in the Indian context. Growth of any economy is dependent on successful implementation of infrastructure projects. However, infrastructure...
Persistent link: https://www.econbiz.de/10014868984
Purpose – The purpose of this paper is to explore the implications of the Global Financial Crisis (GFC) on Public Private Partnership (PPP) markets around the world. Specifically, it aims to highlight the extent of over reliance on debt finance, as well as the conditions needed to attract...
Persistent link: https://www.econbiz.de/10014869081
Purpose The infrastructure investment is one important source of economic growth in China in the past three decades. However it is not clear to what extent such investment affects development in rural area. The purpose of this paper is to explore this impact both conceptually and quantitatively,...
Persistent link: https://www.econbiz.de/10014690004
Economists expect positive returns to investments in infrastructure. However a project with higher national returns might have less favourable effects on a regional level than the alternative. Therefore new infrastructure should also be assessed on a regional level, but econom(etr)ic evaluation...
Persistent link: https://www.econbiz.de/10010293987
Durch den Solidarpakt II werden den neuen Ländern von 2005 bis 2019 Sonderbedarfsbundesergänzungszuweisungen in Höhe von insgesamt 105 Mrd. € zur Verfügung gestellt. Sie sollen der Deckung ihres infrastrukturellen Nachholbedarfs dienen. Der Beitrag zeigt, dass eine solche investive...
Persistent link: https://www.econbiz.de/10010297000