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The relevance of grid expansion under zonal markets

Bertsch, Joachim; Brown, Tom; Hagspiel, Simeon; Just, Lisa - 2015

The European electricity market design is based on zonal markets with uniform prices. Locational price signals within these zones - necessary to ensure long-term efficiency - are not provided. Specifically, if intra-zonal congestion occurs due to missing grid expansion, the market design is...

Persistent link: https://www.econbiz.de/10011442918

Flow-based market coupling : what drives welfare in Europe's electricity market design?

Voswinkel, Simon; Felten, Björn; Felling, Tim; Weber, … - 2019

Due to the call for further integration of European markets and the targeted climate goals, both European electricity systems and markets have undergone continuous changes over the last few decades. As part of these developments, the so-called Flow-Based Market Coupling (FBMC) superseded the...

Persistent link: https://www.econbiz.de/10012038962

Deregulating fixed voice services? : empirical evidence from the European Union

Šaric, Amela; Lange, Mirjam - 2014

This paper deals with the relationship between the traditional fixed-line, mobile and Voice over IP telephony in the EU.We estimate the supply and demand for fixed-line telephony using data on 25 EU member states for the 2006:Q2 - 2011:Q4 period. Employing instrumental variable approach, we...

Persistent link: https://www.econbiz.de/10010396574

Product Market Deregulation and Growth : New Country-Industry-Level Evidence

Bouis, Romain - 2016

The paper investigates the economic effects of major product market reforms in some of the historically most protected non-manufacturing industries. It relies on a unique mapping between new annual data on reform shocks and sector-level outcomes for five network industries (electricity and gas,...

Persistent link: https://www.econbiz.de/10012977853

Product Market Regulation and Wage Premia in Europe and North America : An Empirical Investigation

Jean, Sébastien - 2002

Using new cross-country data on industry-specific product market regulations, this paper investigates the relationship between wage premia and some of the policy determinants of product market rents. Hourly wage premia in 2-digit manufacturing and non-manufacturing industries are estimated from...

Persistent link: https://www.econbiz.de/10012445912

Product Market Regulation and Wage Premia in Europe and North-America : An Empirical Investigation

Jean, Sébastien; Nicoletti, Giuseppe - 2002

Persistent link: https://www.econbiz.de/10014120723

A Primer on the Welfare Effects of Regulatory Reforms in Network Industries

Ceriani, Lidia - 2015

Starting from an industry where production is provided by a public monopolist, we look at the effects on the consumers' surplus of a sequence of reforms in network industry. Using a simple comparative statics framework, we find indifference conditions in consumers' surplus between respectively...

Persistent link: https://www.econbiz.de/10013028353

The gas chain: influence of its specificities on the liberalisation process

Swartenbroekx, Carine - 2007

Like other network industries, the European gas supply industry has been liberalised, along the lines of what has been done in the United Kingdom and the United States, by opening up to competition the upstream and downstream segments of essential transmission infrastructure. The aim of this...

Persistent link: https://www.econbiz.de/10011506643

Causes and consequences of merger waves

Kleinert, Jörn; Klodt, Henning - 2002

that sectoral shocks are at the root of merger waves. Deregulation and globalization are identified as the shocks …This paper presents some ideas about determinants of merger waves and some evidence on their effect on profitability … and employment. A brief survey of previous merger waves and an analysis of the recent one give support to the hypothesis …

Persistent link: https://www.econbiz.de/10011490438

Specification of Merger Gains in the Norwegian Electricity Distribution Industry

Saastamoinen, Antti - 2016

potential gains of the merger estimated using a data envelopment analysis (DEA) based frontier approach introduced by Bogetoft … merger gains within the Norwegian distribution industry. Our results reveal that the restructuring policies of the industry …

Persistent link: https://www.econbiz.de/10012994271