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Governance and Accountability for Italian Listed Public Utilities Companies

RICCI, Paolo; LANDI, Tiziana - In: REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF … 11 (2010) 3, pp. 376-388

The present paper deals with a critically Italian question with regard to the actual debate about public utility sector. The paper tries to point out positive effects that a suitable accountability system can produce in the management of local public utilities in order to bridge the gap between...

Persistent link: https://www.econbiz.de/10008676933

Property rights and transaction costs : The role of ownership and organization in German public service provision

Friese, Maria; Heimeshoff, Ulrich; Klein, Gordon J. - 2016

This paper provides evidence that ownership and organization matters for the efficiency of provision of public services. In particular, we find that pure private ownership is more efficient than pure public ownership, followed by mixed ownership. The delegation of management in different legal...

Persistent link: https://www.econbiz.de/10011581675

Property rights and transaction costs : the role of ownership and organization in German public service provision

Friese, Maria; Heimeshoff, Ulrich; Klein, Gordon - 2016

Persistent link: https://www.econbiz.de/10011574108

The gas chain : influence of its specificities on the liberalisation process

Swartenbroekx, Carine - 2007

Like other network industries, the European gas supply industry has been liberalised, along the lines of what has been done in the United Kingdom and the United States, by opening up to competition the upstream and downstream segments of essential transmission infrastructure. The aim of this...

Persistent link: https://www.econbiz.de/10011610385

How decentralization drives a change of the institutional framework on the distribution grid level in the electricity sector : the case of local congestion markets

Buchmann, Marius - 2019

The increasing share of renewables in the electricity system results in congestion on all network levels. To address this congestion, the EU Commission proposed that distribution network operators become responsible for local congestion management. Within this paper we analyze the institutional...

Persistent link: https://www.econbiz.de/10012119759

Co-investments and tacit collusion in regulated network industries: Experimental evidence

Krämer, Jan; Vogelsang, Ingo - 2012

infrastructure investments beyond the level achieved by access regulation and they seem to facilitate tacit price collusion. On the …

Persistent link: https://www.econbiz.de/10010309719

Restructuring Italian Utility Markets: Household Distributional Effects

Valbonesi, Paola; Miniaci, Raffaele; Scarpa, Carlo - 2005

Competition in public utility sectors has been encouraged in recent years throughout Europe. In this paper we try and analyse the welfare effects of these reforms in Italy, with particular attention to water and energy goods. The first step is to introduce a sensible measure of affordability of...

Persistent link: https://www.econbiz.de/10010312543

Infrastructure investment in network industries ; the role of incentive regulation and regulatory independence

Égert, Balázs - 2009

-of-return regulation is generally thought to result in overinvestment, while incentive regulation is believed to entail underinvestment …. Yet, previous empirical work has generally found that the introduction of incentive regulation has not systematically …-of-return regulation because investment decisions (what can be included in the rate base) are usually evaluated in a discretionary manner …

Persistent link: https://www.econbiz.de/10010273816

Energy services at local and national level in the transition period in Hungary

Valentiny, Pál - 2008

Energy industries are mainly organised at national level in Hungary, however local governments have their specific role in the system. Local governments have been major performers in the first period of the transition process: they were entitled to receive 25 per cent of the shares in electric...

Persistent link: https://www.econbiz.de/10010494369

Piacnyitás a hálózatos szolgáltatásoknál

Valentiny, Pál - 2010

Several decades of market opening has become a characteristic of network industries. Its main hindrances and aids has come into sight during this period. There is a need now to evaluate the process of market opening and to assess the steps to be taken. Market opening is usually measured by...

Persistent link: https://www.econbiz.de/10010494442