Hosoe, Nobuhiro; Takagi, Shingo - 2011
Deregulation in the electric power industry has been aimed at promoting competition and thereby enhancing the industry …'s efficiency. We use the auction data of public power procurements to study the impact of the reform on the retail power market in … Japan. We quantify this impact by measuring a decline in power charges, controlling for the endogeneity bias caused by the …