An ex ante perspective on deregulation viewed ex post
Article Abstract:
Transition relief should be analyzed using an ex ante approach focusing on risks and incentives involved, whatever the context, including deregulation, taxes and farm policy. Transition relief appears to distort incentives so is not appropriate if the reforms are necessary. When the case of deregulation in the electricity generation industry is examined, an ex ante approach does yield certain insights, although such an approach might not initially be considered appropriate.
Publication Name: Resource and Energy Economics
Subject: Petroleum, energy and mining industries
ISSN: 0928-7655
Year: 1993
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Quantifying exhaustible resource theory: an application to mineral taxation policy
Article Abstract:
A dynamic, nonlinear programming approach has been used to examine the New Mexico market for coal and electric energy, and links the market for coal, a finite resource, with its product, electricity, specifying institutional constraints and taking both long and short term periods into account. Outcomes using different tax rates have been analyzed. Finite resource analysis has been developed to fit in with cost benefit analysis on taxation policies with regard to minerals.
Publication Name: Resource and Energy Economics
Subject: Petroleum, energy and mining industries
ISSN: 0928-7655
Year: 1993
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Welfare effects of improving end-use efficiency: theory and application to residential electricity demand
Article Abstract:
The welfare impact of improvements in efficiency by end-users using several options for conserving energy, is examined using consumer demand logit approach and a Hicksian money metric equivalent variation. A more precise result can be obtained through using a third-order money metric approach to measuring welfare variations than through using standard criteria on cost effectiveness, where the elasticities for price and income at the end use level move away from zero.
Publication Name: Resource and Energy Economics
Subject: Petroleum, energy and mining industries
ISSN: 0928-7655
Year: 1993
User Contributions:
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