Mergers in the GB electricity market: effects on retail charges
AbstractThe opening up of the UK residential electricity sector in 1999 prompted several studies of the impact this had on both the level and structuring of retail charges, and on incumbent players' market power. Drawing on observations of regional tariffs for the month of January 2004, this article supports previous conclusions based on simulated retail charges, looking at the response of real tariffs to distribution and transmission costs, customer density and the length of low voltage underground circuit. We also investigate whether vertically integrated suppliers have a particular effect on charges ceteris paribus the effect of cost drivers and supplier-related factors.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Observatoire Francais des Conjonctures Economiques (OFCE) in its series Documents de Travail de l'OFCE with number 2006-08.
Date of creation: 2006
Date of revision:
Other versions of this item:
- Evens Salies, 2008. "Mergers in the GB electricity market: effects on retail charges," Applied Economics, Taylor & Francis Journals, vol. 40(11), pages 1483-1490.
- Evens Salies, 2006. "Mergers in the GB Electricity Market: Effects on Retail Charges," Sciences Po publications 2006-8, Sciences Po.
- C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-08-05 (All new papers)
- NEP-COM-2006-08-05 (Industrial Competition)
- NEP-ENE-2006-08-05 (Energy Economics)
- NEP-IND-2006-08-05 (Industrial Organization)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Evens Salies & Catherine Waddams Price, 2003.
"Pricing structure in the deregulated UK electricity market,"
Sciences Po publications
03-6, Sciences Po.
- Salies, E. & Waddams Price, C., 2003. "Pricing Structures in the Deregulated UK Electricity Market," Working Papers 03/04, Department of Economics, City University London.
- Evens SALIES & Catherine Waddams, 2004. "Pricing structure in the deregulated UK electricity market," Industrial Organization 0406002, EconWPA.
- Evens SALIES & Catherine WADDAMS, 2004. "Charges, costs and market power in the deregulated UK electricity retail market," Industrial Organization 0406003, EconWPA.
- Spector, David, 2003.
"Horizontal mergers, entry, and efficiency defences,"
International Journal of Industrial Organization,
Elsevier, vol. 21(10), pages 1591-1600, December.
- Spector, David, 2002. "Horizontal mergers, entry, and efficiency defences," CEPREMAP Working Papers (Couverture Orange) 0206, CEPREMAP.
- Evens Salies & Catherine Waddams Price, 2004.
"Charges, Costs and Market Power: the Deregulated UK Electricity Retail Market,"
Sciences Po publications
info:hdl:2441/7189, Sciences Po.
- Evens Salies and Catherine Waddams Price, 2004. "Charges, Costs and Market Power: the Deregulated UK Electricity Retail Market," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3), pages 19-36.
- Evens SALIES & Catherine WADDAMS PRICE, 2005. "Charges, Costs and Market Power: the Deregulated UK Electricity Retail Market," Industrial Organization 0508010, EconWPA.
- Azzeddine Azzam & David Rosenbaum, 2001. "Differential efficiency, market structure and price," Applied Economics, Taylor & Francis Journals, vol. 33(10), pages 1351-1357.
- White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-38, May.
- Waterson, Michael, 2001.
"The role of consumers in competition and competition policy,"
The Warwick Economics Research Paper Series (TWERPS)
607, University of Warwick, Department of Economics.
- Waterson, Michael, 2003. "The role of consumers in competition and competition policy," International Journal of Industrial Organization, Elsevier, vol. 21(2), pages 129-150, February.
- Nikogosian, Vigen & Veith, Tobias, 2010. "Der Einfluss öffentlichen Eigentums auf die Preissetzung in deutschen Haushaltsstrommärkten," ZEW Discussion Papers 10-090, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
- Nikogosian, Vigen & Veith, Tobias, 2011. "Strategic pricing, market entry and competition: Evidence from German electricity submarkets," ZEW Discussion Papers 11-068, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
- Evens Salies, 2009. "A test of the Schumpeterian hypothesis in a panel Of European electric utilities," Documents de Travail de l'OFCE 2009-19, Observatoire Francais des Conjonctures Economiques (OFCE).
- Zhou, Huizhong & Tamas, Meszaros Matyas, 2010. "Impacts of integration of production of black and green energy," Energy Economics, Elsevier, vol. 32(1), pages 220-226, January.
- Nikogosian, Vigen & Veith, Tobias, 2011. "Vertical integration, separation and non-price discrimination: An empirical analysis of German electricity markets for residential customers," ZEW Discussion Papers 11-069, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Francesco Saraceno).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.