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used to determine future prices when subject to a lower-powered regulation mechanism. The difference is particularly … significant (about 10% of total cost) for firms in the upper quartile of the efficiency distribution, a pattern which is …
Persistent link: https://www.econbiz.de/10011971656
subject to a lower-powered regulation mechanism. The difference is particularly significant (about 7%) for firms in the upper … quartile of the efficiency distribution, a pattern which is consistent with the pooling of types under the threat of ratcheting. …
Persistent link: https://www.econbiz.de/10011795225
Persistent link: https://www.econbiz.de/10011997695
incentive regulation and efficiency benchmarking in electricity distribution industries and provides valuable insights for … German distribution network operators from 2011 to 2017 to estimate both the transient and persistent cost efficiency of …
Persistent link: https://www.econbiz.de/10012423420
used to determine future prices when subject to a lower-powered regulation mechanism. The difference is particularly … significant (about 10% of total cost) for firms in the upper quartile of the efficiency distribution, a pattern which is …
Persistent link: https://www.econbiz.de/10011966984
Persistent link: https://www.econbiz.de/10009261225
Persistent link: https://www.econbiz.de/10010355570
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Persistent link: https://www.econbiz.de/10010433218
This study investigates the efficiency dynamics of spot and futures electricity markets across a sample of European … countries, while taking into account the impact of market couplings. The analysis employs three distinct efficiency measures … analogous patterns of behavior, with improvements in efficiency observed subsequent to the introduction of structural and …
Persistent link: https://www.econbiz.de/10014358914