This paper looks at the regulatory component of India's electricity reforms from four perspectives. Concerns about governance standards for the sector that set the context ofreforms are noted first, and the re-allocation of powers that reforms brought about is discussed with particular reference...

The last two decades have seen a substantial change in the basic philosophy underlying European transportation policy. Due to the Commission's efforts and due to supporting jurisdiction by the European Court of Justice the dominant approach to transportation policy has become far more market...

We explore the separation of powers between the legislative and the executive branch of government as a way of overcoming the dynamic consistency problem of regulatory policy towards investment. We model the industry as a regulated duopoly. The incumbent is a vertically integrated firm that owns...

We analyze the effects of an incentive based regulatory scheme with revenue caps on the investment behaviors and decisions of 109 electricity distribution companies operating in Germany in 2006-2012. We hypothesize that Germany's implementation of incentive regulation in 2009 has a negative...

While the link between the ownership and productive efficiency of firms has been discussed extensively, no consensus exists regarding the superiority of one or the other in non-competitive, regulated environments. This paper applies a flexible production model to test for efficiency differences...

This paper analyses technical efficiency of local electricity distribution in Italy (1994, 1996) by using both econometric (deterministic frontier, stochastic frontier) and linear programming (Data Envelopment Analysis) tools. Cross-sectional data were examined with respect to:(a) ENEL - the...

Das Telekommunikationsnetz ist zu einer unverzichtbaren Infrastruktur geworden. Aber die technischen Anforderungen an das Netz sind gewachsen und dünn besiedelte Regionen abgehängt. Damit Unternehmen und Haushalte gigabitfähig werden, ist die rasche Schließung der verbleibenden...

Nach langer Abstimmungszeit wurde eine Reform der Anreizregulierungsverordnung in Deutschland verabschiedet. Diese für die Strom- und Gasnetzbetreiber essenzielle Verordnung bestimmt die wirtschaftlichen Rahmenbedingungen der Unternehmen, indem sie deren Erlösmöglichkeiten definiert. Die...

We propose a difference-in-differences (DiD) approach to estimate the impact of incentives on cost reduction. We show theoretically, and estimate empirically, that German electricity distribution system operators (DSOs) pile up more costs in the year used to determine future prices when subject...