Showing 1 - 10 of 52
The German Energiewende’s potential effects on the reliability of electricity supply as well as the corresponding economic consequences have recently entered both the political and scientific debate. However, empirical evidence of power outage costs in Germany is rather scarce. Following a...
Persistent link: https://www.econbiz.de/10010840515
Since the 1990s, efficiency and benchmarking analysis has increasingly been used in network utilities research and regulation. A recurrent concern is the effect of observable environmental factors that are beyond the influence of firms and unobserved factors that are not identifiable on measured...
Persistent link: https://www.econbiz.de/10010576115
In this paper, we conduct a pan-European efficiency analysis to investigate the performance of European railways with a particular focus on economies of vertical integration. We test the hypothesis that integrated railways realise economies of scope and, thus, produce railway services with a...
Persistent link: https://www.econbiz.de/10004988100
In this paper, we conduct a pan-European effciency analysis to investigate the performance of European railways with a particular focus on economies of vertical integration. We test the hypothesis that integrated railways realize economies of scope and, thus, produce railway services with a...
Persistent link: https://www.econbiz.de/10005729408
Since the 1990s, efficiency and benchmarking analysis has increasingly been used in network utilities research and regulation. A recurrent concern is the effect of environmental factors that are beyond the influence of firms (observable heterogeneity) and factors that are not identifiable...
Persistent link: https://www.econbiz.de/10008511345
In the course of railway reforms at the end of the last century, European na- tional governments, as well the EU Commission, decided to open markets and to separate railway networks from train operations. Vertically integrated railway com- panies argue that such a separation of infrastructure...
Persistent link: https://www.econbiz.de/10008514738
In the course of railway reforms in the end of the last century, national European governments, as well the EU Commission, decided to open markets and to separate railway networks from train operations. Vertically integrated railway companies – companies owning a network and providing...
Persistent link: https://www.econbiz.de/10005232582
Die aktuelle Diskussion um den Umfang des Börsengangs der Deutschen Bahn – unter Einbeziehung des Schienennetzes oder nicht – konzentriert sich im wesentlichen auf Fragen der Wettbewerbswirkung und der zukünftigen Belastung des Staatshaushaltes. Eventuelle Vorteile der bestehenden...
Persistent link: https://www.econbiz.de/10008861764
Reviewing the development of network access charges in the German electricity market since 2002 reveals significant variation. While some firms continually increased or decreased their access charges, a variety of firms exhibited discontinuousn behavior with price changes in both directions....
Persistent link: https://www.econbiz.de/10005545336
This paper analyzes the performance of the European railway sector in the period of deregulation (1990-2005). Using a stochastic frontier panel data model that controls for unobserved heterogeneity a multiple-output multiple input distance function model is estimated in order to evaluate the...
Persistent link: https://www.econbiz.de/10005545376