Gugler, Klaus; Rammerstorfer, Margarethe; Schmitt, Stephan - In: Energy Economics 40 (2013) C, pp. 702-713
This paper is the first to explicitly test for the presence of a trade-off between static and dynamic efficiency and a trade-off between vertical economies and competition in a regulated industry, the electricity industry. We show for 16 European countries over the period 1998–2008 that higher...