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Security of Gas Supply and Energy Market Regulation : Outlook and Implications in the EU

Oyewunmi, Tade - 2016

The introduction of liberalisation and concepts such as third-party access, network ownership unbundling and competition in the EU’s internal energy market following the first, second and third sets of EU legislative packages and directives had the effect of requiring Member States to...

Persistent link: https://www.econbiz.de/10014127601

Regulate or Deregulate : Influencing Network Interconnection Charges

Wielle, Bart van de - 2004

We study the choice between regulating interconnection charges or delegating their determination to the operators, both in a non-mature and a mature market. Three regulatory regimes are considered: full, cost-based and bill-and-keep. Delegation corresponds to bargaining about the interconnection...

Persistent link: https://www.econbiz.de/10014071278

Regulation and the Leverage of Local Market Power in the California Electricity Market

Bushnell, James; Wolak, Frank - 2004

Regulators of electricity markets around the world continue to struggle with the problem of incentivizing generators whose output, due to their location in the grid, has no viable substitutes. Such generators possess 'local' market power. Since these generators also compete in broader regional...

Persistent link: https://www.econbiz.de/10014073362

The Economic Future of Europe

Blanchard, Olivier J. - 2004

After three years of near stagnation, the mood in Europe is definitely gloomy. Many doubt that the European model has a future. In this paper, I argue that things are not so bad, and there is room for optimism. Over the last thirty years, productivity growth has been much higher in Europe than...

Persistent link: https://www.econbiz.de/10014073482

Endogenous Deregulation : Evidence from OECD Countries

Duso, Tomaso; Röller, Lars-Hendrik - 2003

This paper presents empirical evidence regarding the effect of endogenous deregulation on productivity. We find that … treating deregulation across OECD countries as an exogenous event overestimates the competitive impact of deregulation on …

Persistent link: https://www.econbiz.de/10014074588

On the Politics of the Regulatory Reform : Econometric Evidence from the OECD Countries

Duso, Tomaso - 2003

This paper empirically investigates contrasting views on the politics of economic policy. Merging different databases, we test various predictions coming form different strands of literature, with the aim of explaining the cross-sectional and temporal variation in the degree of regulatory...

Persistent link: https://www.econbiz.de/10014074592

The Impact of the Regulatory Process and Price Cap Regulation in Latin American Telecommunications Markets

Ros, Agustin - 2003

I empirically examine the impact of the liberalization and regulatory process on the Latin American telecommunications 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...

Persistent link: https://www.econbiz.de/10014075249

California's Electricity Crisis

Joskow, Paul L. - 2003

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

Deregulation Process, Governance Structures and Efficiency : The U.S. Electric Utility Sector

Delmas, Magali A.; Tokat, Yesim - 2003

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 transitory costs linked to the process of deregulation. The business … deregulation by adopting vertical integration strategies. Organizational scholars on the contrary argue that firms vertically …

Persistent link: https://www.econbiz.de/10014031113

Network Access Pricing and Deregulation

Sidak, J. Gregory; Spulber, Daniel F. - 2009

The paper addresses the question of pricing access to the network facilities of an incumbent firm after deregulation …

Persistent link: https://www.econbiz.de/10014035273