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The determinants of incentive regulation are an important issue in economics. More powerful rules relax allocative …
Persistent link: https://www.econbiz.de/10014218720
The article discusses the lessons that can be gleaned from experience to date with electricity restructuring. Long-term gains from restructuring are most likely to be the result of more efficient and prudent long-term investments. Although restructuring could have near-term benefits for society,...
Persistent link: https://www.econbiz.de/10014151446
To date, the distributive implications of incentive regulation on electricity transmission networks have not been … efficiency under price-cap regulation have not yet been identified. To discern these parameters is the motivation for the … price-cap incentive regulation for electricity transmission. We find that a regulator's use of ideal (Laspeyres) weights …
Persistent link: https://www.econbiz.de/10014153552
This paper seeks to assess the impact of liberalisation and privatisation on performance in the generation segment of the electricity supply industry. Regulatory indicators for a panel of 19 OECD countries over a 10 year time period were constructed to examine the influence of regulatory reform...
Persistent link: https://www.econbiz.de/10014159678
In regulation of network services such as the distribution of electricity, gas and water prices have traditionally been …
Persistent link: https://www.econbiz.de/10013126526
The determinants of incentive regulation are an important issue in economics. More powerful rules relax allocative …
Persistent link: https://www.econbiz.de/10014056105
. Recognising that regulation is itself costly, and that market contracting, ownership and regulation are partly substitutable forms … contracting, ownership and regulation than does state ownership. Regulation of customer-owned distribution (and transmission) is … ownership has evolved as an effective substitute for regulation. Policy implications are drawn …
Persistent link: https://www.econbiz.de/10014062279
"Regulatory reform" once meant either "alternatives to rate-of-return regulation" or "the advantages of privatization …
Persistent link: https://www.econbiz.de/10014075943
Revenue cap regulation is often combined with systematic benchmarking to reveal the managerial inefficiencies when … by the Norwegian regulator, we see that the use of conditional benchmarking methods in revenue cap regulation may …
Persistent link: https://www.econbiz.de/10014035162
rather than static distortions to coal storage levels. This suggests that previous estimates of the impact of price-regulation …
Persistent link: https://www.econbiz.de/10014108314