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Description
| - Theory and empirics suggest that by curbing competition, incumbent electricity companies which used to be and here are referred to as Vertically Integrated Utilities (VIUs), can increase their profitability through combined ownership of generation and transmission and/or distribution networks. Because curbing competition is generally believed to be welfare-reducing, EU law requires unbundling (separation) of the VIU networks. This paper shows that among the old EU member states (EU-15), countries which are perceived as more corrupt are indeed more likely to apply weaker forms of unbundling. Somewhat surprisingly, we do not obtain a similar finding for the new EU member states that acceded in 2004 (NMS-10). We provide a conjecture for this observation.
- Theory and empirics suggest that by curbing competition, incumbent electricity companies which used to be and here are referred to as Vertically Integrated Utilities (VIUs), can increase their profitability through combined ownership of generation and transmission and/or distribution networks. Because curbing competition is generally believed to be welfare-reducing, EU law requires unbundling (separation) of the VIU networks. This paper shows that among the old EU member states (EU-15), countries which are perceived as more corrupt are indeed more likely to apply weaker forms of unbundling. Somewhat surprisingly, we do not obtain a similar finding for the new EU member states that acceded in 2004 (NMS-10). We provide a conjecture for this observation. (en)
- Teorie i fakta naznačují, že kvůli omezené konkurenci mohou stávající elektrárenské společnosti – obecně označované jako vertikálně integrované firmy (VIF) – zvýšit svou ziskovost prostřednictvím kombinovaného vlastnictví produkce a transmise a/nebo distribučních sítí. Protože se všeobecně věří, že omezení konkurence redukuje blahobyt, právo EU vyžaduje neprovázanost (separaci) VIF sítí. Tato práce ukazuje, že mezi starými členskými státy EU (EU-15) je v zemích, které jsou pokládány za více zkorumpované, skutečně větší pravděpodobnost slabší formy neprovázanosti. Překvapující je, že stejné zjištění nenacházíme pro nové členské země EU (NMS-10). V tomto článku vyslovíme domněnku pro vysvětlení tohoto postřehu. (cs)
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Title
| - The unbundling regime for electricity utilities in the EU: a case of legislative and regulatory capture?
- The unbundling regime for electricity utilities in the EU: a case of legislative and regulatory capture? (en)
- Neprovázanost elektrických sítí v EU: případ legislativního a regulatorního ovlivňování (cs)
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skos:prefLabel
| - The unbundling regime for electricity utilities in the EU: a case of legislative and regulatory capture?
- The unbundling regime for electricity utilities in the EU: a case of legislative and regulatory capture? (en)
- Neprovázanost elektrických sítí v EU: případ legislativního a regulatorního ovlivňování (cs)
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skos:notation
| - RIV/67985998:_____/07:00083491!RIV08-AV0-67985998
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http://linked.open.../vavai/riv/strany
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http://linked.open...avai/riv/aktivita
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http://linked.open...avai/riv/aktivity
| - P(LC542), Z(AV0Z70850503)
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http://linked.open...iv/cisloPeriodika
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http://linked.open...vai/riv/dodaniDat
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http://linked.open...aciTvurceVysledku
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http://linked.open.../riv/druhVysledku
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http://linked.open...iv/duvernostUdaju
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http://linked.open...titaPredkladatele
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http://linked.open...dnocenehoVysledku
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http://linked.open...ai/riv/idVysledku
| - RIV/67985998:_____/07:00083491
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http://linked.open...riv/jazykVysledku
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http://linked.open.../riv/klicovaSlova
| - electricity markets; regulation; vertical integration (en)
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http://linked.open.../riv/klicoveSlovo
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http://linked.open...odStatuVydavatele
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http://linked.open...ontrolniKodProRIV
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http://linked.open...i/riv/nazevZdroje
| - CERGE-EI Working Paper Series
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http://linked.open...in/vavai/riv/obor
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http://linked.open...ichTvurcuVysledku
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http://linked.open...cetTvurcuVysledku
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http://linked.open...vavai/riv/projekt
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http://linked.open...UplatneniVysledku
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http://linked.open...v/svazekPeriodika
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http://linked.open...iv/tvurceVysledku
| - van Koten, Silvester
- Ortmann, Andreas
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http://linked.open...n/vavai/riv/zamer
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issn
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number of pages
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