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sector during the period 1990-1998. I find that privatisation and the existence of an independent regulator are positively … associated with teledensity and operating efficiency while competition and price cap regulation are strongly associated with …, competition and privatisation. Moreover, this study provides an initial examination of the positive impact that price cap …
Persistent link: https://www.econbiz.de/10014075249
The paper examines the economic and regulatory factors that led to an explosion in wholesale power prices, supply shortages, and utility insolvencies in California's electricity sector from May 2000 to June 2001. The structure of California's restructured electricity sector and its early...
Persistent link: https://www.econbiz.de/10014075503
This paper is an empirical assessment of the comparative efficiency of governance structures in an environment marked by high uncertainty. We analyze the short-term impact of retail deregulation on the productive efficiency of electric utilities in the United States. We argue that there are...
Persistent link: https://www.econbiz.de/10014031113
services as a vehicle for exporting American principles of telecommunications regulation to other nations. The United States …
Persistent link: https://www.econbiz.de/10014034286
The paper addresses the question of pricing access to the network facilities of an incumbent firm after deregulation. Network access pricing continues to be regulated in such industries as telecommunications, railroads, electric power and natural gas. We emphasize that access prices should be...
Persistent link: https://www.econbiz.de/10014035273
traditional forms of regulation. Continued application of these outmoded regulatory regimes is likely to harm consumers. We argue … that the Internet, and the rapid growth of the sharing economy, alleviates the need for much of this top-down regulation … dramatically — or when new technology or competition alleviates the need for regulation — then public policy should evolve and …
Persistent link: https://www.econbiz.de/10014036638
The United States has asymmetric regulation of the provision of broadband Internet access service. A cable television …) that offers digital subscriber line (DSL) service faces price regulation as well as the obligation to offer competitors the … services that compete with the ILEC's own retail offering to consumers. The social costs of asymmetric regulation are by now …
Persistent link: https://www.econbiz.de/10014119601
This paper develops a model to explain and analyze the evolution of network structure (connectivity)and design (flight frequency, aircraft size, prices) in the post-deregulation U.S. airline industry. We show that legacy carriers choice of Hub-and-Spoke networks and the emergence of low cost...
Persistent link: https://www.econbiz.de/10005771716
The paper examines the economic and regulatory factors that led to an explosion in the wholesale power prices, supply shortages, and utility insolvencies in California’s electricity sector. A necessary first step in determining the lessons learned from the California electricity crisis is a...
Persistent link: https://www.econbiz.de/10005126483
Empezando con Chile a comienzos de 1980, los países de América Latina han profundizado la reforma a las telecomunicaciones para crear un entorno regulatorio que incentive la inversión privada, en particular la inversión extranjera. En este artículo, trabajo las tendencias regulatorias en el...
Persistent link: https://www.econbiz.de/10005604068