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This paper analyses the impact of various pricing systems for electricity in Medellín, Colombia. The basic system is one of simple marginal cost pricing with no two-part elements and single price is that for which Medellín can buy and sell electricity form national network. We consider various...
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There has been considerable interest in access rates in Australia since the development of National Competition Policy. This paper provides a framework for analysing the different situations in which access is an appropriate policy tool. It argues that access does not necessarily raise welfare...
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Like many countries keen to maintain a rapid pace of development, China has undertaken an ambitious programme of development of its telecommunications infrastructure. Unlike most it has chosen to do while keeping the sector free from foreign direct investment except in well defined roles such as...
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This paper considers the challenges provided in recently deregulated telecommunications industry. It emphasizes the need for entrants to be sensitive to the political and social conditions of the new market but suggests that the incumbent rational firm -the Telecom monopoly- will not be easy to...
Persistent link: https://www.econbiz.de/10008876177
With the purpose of obtaining a better comprehension of the determining of the levels of economic activity, consumption, prices and other macroeconomic variables, the small open or dependent economies have developed adequate models which consider their specific characteristics, not taken into...
Persistent link: https://www.econbiz.de/10009017947