BREUNIG, ROBERT; HORNBY, JEREMY; STACEY, SCOTT; … - In: The Economic Record 82 (2006) 256, pp. 67-76
We assemble a database consisting of 52 regulatory decisions made by seven different regulators across five different industries. We examine how the proportion of firms' revenue requirements that were disallowed by the regulator vary by regulator, industry and time. Despite the differences in...