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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/10419/30754
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Söderberg, Magnus | | en_US |
| dc.date.accessioned | | 2010-03-11 | | en_US |
| dc.date.accessioned | | 2010-05-14T08:26:49Z | | - |
| dc.date.available | | 2010-05-14T08:26:49Z | | - |
| dc.date.issued | | 2010 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/30754 | | - |
| dc.description.abstract | | This paper investigates to what extent unregulated local monopolies attempt not to evoke the introduction of a formal price regulation by conforming to customers' and authorities' expectations. It is argued that utilities can meet expectations by setting prices that imitate neighbours' prices. The empirical evaluation rests on a cross-sectional data set representing all Swedish district heating utilities, and on a flexible nonlinear IV specification. It is found that while utilities' price setting schemes are insensitive to customer complaints, they are significantly influenced by the passive monitoring by authorities. The spillover effect from the 5-6 closest neighbours is around 40 %. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | CESifo München | | en_US |
| dc.relation.ispartofseries | | CESifo working paper 2973 | | en_US |
| dc.subject.jel | | L11 | | en_US |
| dc.subject.jel | | L33 | | en_US |
| dc.subject.jel | | L97 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | regulatory threat | | en_US |
| dc.subject.keyword | | spatial correlation | | en_US |
| dc.subject.keyword | | price | | en_US |
| dc.subject.keyword | | district heating | | en_US |
| dc.subject.keyword | | Sweden | | en_US |
| dc.subject.stw | | Heizkraftwerk | | en_US |
| dc.subject.stw | | Betriebliche Preispolitik | | en_US |
| dc.subject.stw | | Regionale Preisstruktur | | en_US |
| dc.subject.stw | | Erwartungstheorie | | en_US |
| dc.subject.stw | | Staatliche Preispolitik | | en_US |
| dc.subject.stw | | Schweden | | en_US |
| dc.title | | Informal benchmarks as a source of regulatory threat in unregulated utility sectors | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 620952970 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
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