Ressources numériques en sciences humaines et sociales OpenEdition Nos plateformes OpenEdition Books OpenEdition Journals Hypothèses Calenda Bibliothèques OpenEdition Freemium Suivez-nous

Static vs. dynamic impacts of unbundling: Electricity markets in South America

Static vs. dynamic impacts of unbundling: Electricity markets in South America / Dominik Schober, Zentrum für Europäische Wirtschaftsforschung, 2013, 31 p. (ZEW Discussion Papers, No. 13-033)

http://ftp.zew.de/pub/zew-docs/dp/dp13033.pdf

Abstract (© Dominik Schober) :

Ownership unbundling and third party access are discussed as two options of unbundling in both the literature and political discussions. Focusing on the South American electricity sector, I contrast static and dynamic impacts of ownership unbundling and third party access regimes on customer prices. Substantially different results are found using dynamic rather than static analysis. In particular, negative short term effects of ownership unbundling found in static models are approximately cancelled out by subsequent positive impacts in the dynamic model. Third party access seems to allow for similar benefits while avoiding the (restructuring) costs of ownership unbundling. Previously estimated static models thus appear to suffer from either omitted variable biases or endogeneity problems of static non-difference models.


OpenEdition vous propose de citer ce billet de la manière suivante :
Danièle Revel (24 juin 2013). Static vs. dynamic impacts of unbundling: Electricity markets in South America. Veille énergie climat. Consulté le 23 avril 2025 à l’adresse https://doi.org/10.58079/oag1


Vous aimerez aussi...

Laisser un commentaire

Votre adresse e-mail ne sera pas publiée. Les champs obligatoires sont indiqués avec *

This site uses Akismet to reduce spam. Learn how your comment data is processed.