An evaluation of incentive regulation: Corrections

Sanford V. Berg, Jinook Jeong

Research output: Contribution to journalArticle

Abstract

This note re-estimates our model of the determinants and impacts of cost component incentive regulation using an improved data set which avoids double-counting firm observations. It also tests alternative specifications of the relationships. While cost component incentive regulation improves engineering efficiency (heat rates), it does not improve economic efficiency. Thus, our earlier findings are not altered by the smaller data set or by model respecification.

Original languageEnglish
Pages (from-to)321-328
Number of pages8
JournalJournal of Regulatory Economics
Volume6
Issue number3
DOIs
Publication statusPublished - 1994 Sep 1

Fingerprint

Evaluation
Incentive regulation
Costs
Economic efficiency

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics

Cite this

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An evaluation of incentive regulation : Corrections. / Berg, Sanford V.; Jeong, Jinook.

In: Journal of Regulatory Economics, Vol. 6, No. 3, 01.09.1994, p. 321-328.

Research output: Contribution to journalArticle

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