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of regulation on R&D investment. Nearing competition has a dampening effect on R&D spending, but once the market and … could not find any evidence that (ownership) unbundling and incentive regulation affect R&D expenditures of the utilities. …
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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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