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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...
Persistent link: https://www.econbiz.de/10011971656
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) incur higher costs when subject to a lower-powered regulation mechanism. The...
Persistent link: https://www.econbiz.de/10011795225
This study was prepared by Andreas Kuhlmann, while he was working with the Ifo Institute for Economic Research. It was completed in September 2006 and was accepted as a Ph.D. thesis by the Economics Department of the University of Munich. The subject of this study is the analysis of network...
Persistent link: https://www.econbiz.de/10011747619
In this paper, we use a comprehensive and unique data set of financial, technical and structural characteristics of German distribution network operators from 2011 to 2017 to estimate both the transient and persistent cost efficiency of German distribution network operators. In addition, we...
Persistent link: https://www.econbiz.de/10012423420
Persistent link: https://www.econbiz.de/10012936983
Over the last ten years, the European Commission has been trying to increase competition in the postal sector. In order … the postal sector to competition, the level of competition achieved in this sector is quite uneven. Some segments of the … postal market are now subject to intense competition. Yet, others are still largely controlled by postal incumbents. The …
Persistent link: https://www.econbiz.de/10014057544
This paper analyses the optimal worksharing discount granted to mailers and entrants in a liberalized postal sector when there is asymmetric information about the Post Offices costs. When the regulator is unable to ascertain which part of the total cost of sorting has to be attributed to each...
Persistent link: https://www.econbiz.de/10005138836
consequences depend on the prevailing type of market structure (competition, monopoly with or without price discrimination, or …
Persistent link: https://www.econbiz.de/10008907714
In this paper we analyze the incentive of the German postal service (Deutsche Post AG, DPAG) to increase quality in the light of the upcoming liberalization of the postal services market. Currently, there would be no incentive for DPAG to increase its quality if the market were not to be...
Persistent link: https://www.econbiz.de/10014221282
&D investment, and derive predictions on the effects of trust and competition on suppliers' investment and buyers' procurement … - but also with more competitive procurement: trust and rents from reduced supplier competition in the procurement process …
Persistent link: https://www.econbiz.de/10010485523