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EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/30707
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Vogelsang, Ingo | | en_US |
| dc.date.accessioned | | 2010-03-11 | | en_US |
| dc.date.accessioned | | 2010-05-14T08:26:17Z | | - |
| dc.date.available | | 2010-05-14T08:26:17Z | | - |
| dc.date.issued | | 2010 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/30707 | | - |
| dc.description.abstract | | Based on an idiosyncratic reading of the literature I propose intermediate (rather than tight or soft) regulation for balancing investment incentives with allocative efficiency and competition objectives. Intermediate regulation is compatible with incentive regulation and helps lengthening the regulatory commitment period necessary for incentives. However, such commitment for the whole time horizon of infrastructure or innovation investments is impossible. The compatibility of incentive regulation and efficient investment is thus in doubt. Incentive regulation for regular infrastructure investments therefore needs periodic updating based on rate-of-return regulation criteria. Innovative infrastructure investments may warrant regulatory holidays, which should be conditioned on strict criteria. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | CESifo München | | en_US |
| dc.relation.ispartofseries | | CESifo working paper 2964 | | en_US |
| dc.subject.jel | | L50 | | en_US |
| dc.subject.jel | | L90 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.stw | | Anreizregulierung | | en_US |
| dc.subject.stw | | Investitionspolitik | | en_US |
| dc.subject.stw | | Infrastrukturinvestition | | en_US |
| dc.subject.stw | | Innovation | | en_US |
| dc.subject.stw | | Allokationseffizienz | | en_US |
| dc.subject.stw | | Theorie | | en_US |
| dc.title | | Incentive regulation, investments and technological change | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 620938668 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
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