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function are estimated in order to evaluate the impact of ownership unbundling on the level of cost efficiency. The results … reforms is the introduction of an unbundling process, i.e., the separation of the competitive activities of supply and … production from the monopole activity of transmission and distribution of electricity. There are several forms of unbundling …
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The degree of liberalization in OECD electricity markets varies considerably across countries. Commonly explained by diverging economic performances, corruption levels or government ideologies, this paper suggest another potential reason for cross-national differences in market reforms: given...
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