Kuhlmann, Andreas - ifo Leibniz-Institut für Wirtschaftsforschung an der … - 2006
A new legislation in the German electricity market requires the implementation of an incentive-based regulation within …, which accounts for productivitydifferences between the sector and the rest of the economy. This paper derivessuch an X … several underlying assumptionsare violated due to market imperfections, the calculated X-factor rises from 0.48 to amodified …