In this paper, we study the impact of the 2013 reform of the Spanish support scheme for renewable on the revenues of photovoltaic plants. We break down the revenue change into two sources. The first lies in the difference between the payment per unit of electricity that the plant received under...

This empirical paper analyzes the existence (and persistence) of price dispersion in the Spanish food retail market as well as the extent to which search costs and vertical product differentiation contribute to explain that price dispersion. Our data set comprises six months of daily prices from...