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agency, the unbundling of generation, transmission, and distribution, the introduction of competition and the implementation … of privatization programs in the generation and distribution segments, on some of this sector’s performance outcomes, and … distribution segment. The unbundling of generation, transmission, and distribution has contributed to improving productive …
Persistent link: https://www.econbiz.de/10009399295
The degree of liberalization in OECD electricity markets varies considerably across countries. Commonly explained by diverging economic performances, corruption levels or government ideologies, this paper suggest another potential reason for cross-national differences in market reforms: given...
Persistent link: https://www.econbiz.de/10010492456
This paper investigates the interaction between corruption and infrastructure policy reforms.  I construct a simple model to illustrate how both an incerase in regulatory autonomy and privatisation may influence the effect of corruption.  This interaction is then analysed empirically using a...
Persistent link: https://www.econbiz.de/10009318140
original reform led to less investment in major transmission lines but more intensive use of existing lines. Competition to … the regulation of monopoly networks is feasible, and the scope for it may be greater than generally appreciated. However …
Persistent link: https://www.econbiz.de/10005783769
From 1992 to 2002, major expansions of the Argentine electricity transmission sector depended on users proposing, voting and paying for such expansions, which were then put out to competitive tender. Commentators hold this novel policy to have been unsuccessful, mainly on the ground that it...
Persistent link: https://www.econbiz.de/10005783838
acquisition costs are low and the cost to consumers is negligible. Aggregation and retail competition have been thwarted by Rate … Stabilization Plans holding incumbent utility prices below cost since 2006. In the Ohio gas sector, rate regulation has not … discouraged aggregation and competition, but market prices falling below municipally negotiated rates can be politically …
Persistent link: https://www.econbiz.de/10005113881
This paper supplements analyses of Argentine transmission expansions at the federal level by looking at experience in Buenos Aires province. A Regional Electricity Forum of distribution companies has drawn up and begun to implement a ten-year transmission expansion plan. Contrary to previous...
Persistent link: https://www.econbiz.de/10005113884
What is a good balance between competition and coordination in network industries? Network unbundling aims to promote … competition, but this has to be balanced against the downside of unbundling: firm-internal coordination falls away and must be … coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 …
Persistent link: https://www.econbiz.de/10010423547
models (legal unbundling, ownership unbundling, IDSO) are not adequate here. Instead, we discuss two novel approaches: The … not require stronger unbundling of DSOs, we recommend to investigate this solution further. …
Persistent link: https://www.econbiz.de/10012119759
Theory and empirics suggest that by curbing competition, incumbent electricity companies which used to be and here are … generation and transmission and/or distribution networks. Because curbing competition is generally believed to be welfare …-reducing, EU law requires unbundling (separation) of the VIU networks. However, the EU allows its member states the choice between …
Persistent link: https://www.econbiz.de/10014219240