Regulation, efficiency and equilibrium: A general equilibrium analysis of liberalization in the Turkish electricity market
Author
Abstract
Suggested Citation
DOI: 10.1016/j.energy.2011.03.024
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- He, Y.X. & Zhang, S.L. & Yang, L.Y. & Wang, Y.J. & Wang, J., 2010. "Economic analysis of coal price-electricity price adjustment in China based on the CGE model," Energy Policy, Elsevier, vol. 38(11), pages 6629-6637, November.
- Telli, Çagatay & Voyvoda, Ebru & Yeldan, Erinç, 2008. "Economics of environmental policy in Turkey: A general equilibrium investigation of the economic evaluation of sectoral emission reduction policies for climate change," Journal of Policy Modeling, Elsevier, vol. 30(2), pages 321-340.
- Yin-Fang Zhang & David Parker & Colin Kirkpatrick, 2008.
"Electricity sector reform in developing countries: an econometric assessment of the effects of privatization, competition and regulation,"
Journal of Regulatory Economics, Springer, vol. 33(2), pages 159-178, April.
- Zhang, Yin-Fang & Kirkpatrick, Colin & Parker, David, 2002. "Electricity Sector Reform in Developing Countries: An Econometric Assessment of the Effects of Privatisation, Competition and Regulation," Centre on Regulation and Competition (CRC) Working papers 30593, University of Manchester, Institute for Development Policy and Management (IDPM).
- Konan, Denise Eby & Van Assche, Ari, 2007.
"Regulation, market structure and service trade liberalization,"
Economic Modelling, Elsevier, vol. 24(6), pages 895-923, November.
- Denise Eby Konan & Ari Van Assche, 2006. "Regulation, Market Structure and Service Trade Liberalization," CIRANO Working Papers 2006s-18, CIRANO.
- Estache, Antonio & Gonzalez, Marianela & Trujillo, Lourdes, 2002.
"Efficiency Gains from Port Reform and the Potential for Yardstick Competition: Lessons from Mexico,"
World Development,
Elsevier, vol. 30(4), pages 545-560, April.
- Antonio Estache & Marianela Gonzalez & Lourdes Trujillo, 2002. "Efficiency Gains from Port Reform and the Potential for Yardstick Competition: Lessons from Mexico," ULB Institutional Repository 2013/43983, ULB -- Universite Libre de Bruxelles.
- Antonio Estache & Marianela Gonzalez & Lourdes Trujillo, 2002. "Efficiency gains from port reform and the potential for Yardstick competition: lessons from Mexico?," ULB Institutional Repository 2013/13376, ULB -- Universite Libre de Bruxelles.
- Chisari, Omar & Estache, Antonio & Romero, Carlos, 1997. "Winners and losers from utility privatization in Argentina : lessons from a general equilibrium model," Policy Research Working Paper Series 1824, The World Bank.
- Chisari, Omar & Estache, Antonio & Romero, Carlos, 1999. "Winners and Losers from Utility Privatization in Argentina. Lessons from a General Equilibrium Model," UADE Working Papers 3_1999, Instituto de Economía, Universidad Argentina de la Empresa.
- Dorothée Boccanfuso & Antonio Estache & Luc Savard, 2009. "Electricity Reforms In Mali: A Macro–Micro Analysis Of The Effects On Poverty And Distribution," South African Journal of Economics, Economic Society of South Africa, vol. 77(1), pages 127-147, March.
- Dorothée Boccanfuso & Antonio Estache & Luc Savard, 2007. "Electricity Reforms in Mali: A Macro–Micro Analysis of the Effects on Poverty and Distribution," Cahiers de recherche 07-10, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.
- Bagdadioglu, Necmiddin & Waddams Price, Catherine M. & Weyman-Jones, Thomas G., 1996. "Efficiency and ownership in electricity distribution: A non-parametric model of the Turkish experience," Energy Economics, Elsevier, vol. 18(1-2), pages 1-23, April.
- Bahçe, Serdal & Taymaz, Erol, 2008. "The impact of electricity market liberalization in Turkey: "Free consumer" and distributional monopoly cases," Energy Economics, Elsevier, vol. 30(4), pages 1603-1624, July.
- James N. Blignaut & Jan H. van Heerden & Margaret Chitiga-Mabugu & Philip D. Adams & Reyno Seymore, 2009. "The impact of an electricity generation tax on the South African economy," Working Papers 139, Economic Research Southern Africa.
- Reyno Seymore & Philip David Adams & Margaret Mabugu & Jan van Heerden & James Blignaut, 2009. "The Impact Of An Electricity Generation Tax On The South African Economy," Working Papers 200920, University of Pretoria, Department of Economics.
- Chisari, Omar & Estache, Antonio & Romero, Carlos, 1999. "Winners and Losers from the Privatization and Regulation of Utilities: Lessons from a General Equilibrium Model of Argentina," The World Bank Economic Review, World Bank, vol. 13(2), pages 357-378, May.
- Antonio Estache & Omar Chisari & C. Romero, 1999. "Winners and Losers from the Privatization and Regulation of Utilities: Lessons from a General Equilibrium Model of Argentina," ULB Institutional Repository 2013/44005, ULB -- Universite Libre de Bruxelles.
- Kira R. Fabrizio & Nancy L. Rose & Catherine D. Wolfram, 2007. "Do Markets Reduce Costs? Assessing the Impact of Regulatory Restructuring on US Electric Generation Efficiency," American Economic Review, American Economic Association, vol. 97(4), pages 1250-1277, September.
- Kira Markiewicz & Nancy L. Rose & Catherine Wolfram, 2004. "Do Markets Reduce Costs? Assessing the Impact of Regulatory Restructuring on U.S. Electric Generation Efficiency," NBER Working Papers 11001, National Bureau of Economic Research, Inc.
- Necmiddin Bagdadioglu & Catherine Waddams Price & Thomas Weyman-Jones, 2007. "Measuring Potential Gains from Mergers among Electricity Distribution Companies in Turkey using a Non-Parametric Model," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 83-110.
- El-Said, Moataz & Robinson, Sherman, 2000. "GAMS code for estimating a social accounting matrix (SAM) using cross entropy methods (CE)," TMD discussion papers 64, International Food Policy Research Institute (IFPRI).
- Paul L. Joskow, 2008. "Lessons Learned From Electricity Market Liberalization," The Energy Journal, , vol. 29(2_suppl), pages 9-42, December.
- Paul L. Joskow, 2008. "Lessons Learned from Electricity Market Liberalization," The Energy Journal, International Association for Energy Economics, vol. 0(Special I), pages 9-42.
- Coupal, Roger H. & Holland, David W., 2002. "Economic Impact Of Electric Power Industry Deregulation On The State Of Washington: A General Equilibrium Analysis," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 27(01), pages 1-17, July.
- Claude Menard & Mary M. Shirley (ed.), 2005. "Handbook of New Institutional Economics," Springer Books, Springer, number 978-0-387-25092-2, March.
- Filippini, Massimo & Wild, Jorg, 2001. "Regional differences in electricity distribution costs and their consequences for yardstick regulation of access prices," Energy Economics, Elsevier, vol. 23(4), pages 477-488, July.
- Massimo Filippini & Jörg Wild, 2000. "Regional Differences in Electricity Distribution Costs and their Consequences for Yardstick Regulation of Access Prices," CEPE Working paper series 00-05, CEPE Center for Energy Policy and Economics, ETH Zurich.
- Pablo T. Spiller & Mariano Tommasi, 2008. "The Institutions of Regulation: An Application to Public Utilities," Springer Books, in: Claude Ménard & Mary M. Shirley (ed.), Handbook of New Institutional Economics, chapter 20, pages 515-543, Springer.
- Pablo T. Spiller & Mariano Tommasi, 2005. "The Institutions of Regulation: An Application to Public Utilities," Springer Books, in: Claude Menard & Mary M. Shirley (ed.), Handbook of New Institutional Economics, chapter 20, pages 515-543, Springer.
- repec:zbw:bofitp:2004_002 is not listed on IDEAS
- Künneke, Rolf W. & Voogt, Monique H., 1997. "Modelling welfare effects of a liberalisation of the Dutch electricity market," Energy, Elsevier, vol. 22(9), pages 897-910.
- Nemoto, Jiro & Nakanishi, Yasuo & Madono, Seishi, 1993. "Scale Economies and Over-capitalization in Japanese Electric Utilities," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 34(2), pages 431-460, May.
- Hosoe, Nobuhiro, 2006. "The deregulation of Japan's electricity industry," Japan and the World Economy, Elsevier, vol. 18(2), pages 230-246, March.
- Sherman Robinson & Andrea Cattaneo & Moataz El-Said, 2001. "Updating and Estimating a Social Accounting Matrix Using Cross Entropy Methods," Economic Systems Research, Taylor & Francis Journals, vol. 13(1), pages 47-64.
Full references (including those not matched with items on IDEAS)- Robinson, Sherman & Cattaneo, Andrea & El-Said, Moataz, 2000. "Updating and estimating a Social Account Matrix using cross entropy methods," TMD discussion papers 58, International Food Policy Research Institute (IFPRI).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Tooraj Jamasb & Rabindra Nepal & Govinda R. Timilsina, 2017.
"A Quarter Century Effort Yet to Come of Age: A Survey of Electricity Sector Reform in Developing Countries,"
The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
- Tooraj Jamasb & Rabindra Nepal & Govinda R. Tmilsina, 2017. "A Quarter Century Effort Yet to Come of Age: A Survey of Electricity Sector Reform in Developing Countries," The Energy Journal, , vol. 38(3), pages 195-234, May.
- Tooraj Jamasb & Rabindra Nepal & Govinda Timilsina & Michael Toman, 2014. "Energy Sector Reform, Economic Efficiency and Poverty Reduction," Discussion Papers Series 529, School of Economics, University of Queensland, Australia.
- Jamasb,Tooraj & Nepal,Rabindra & Timilsina,Govinda R., 2015. "A quarter century effort yet to come of age : a survey of power sector reforms in developing countries," Policy Research Working Paper Series 7330, The World Bank.
- Ali Akkemik, K., 2009. "Cost function estimates, scale economies and technological progress in the Turkish electricity generation sector," Energy Policy, Elsevier, vol. 37(1), pages 204-213, January.
- Erisa Dautaj Şenerdem & K. Ali Akkemik, 2020.
"Evaluation of the reform in the Turkish electricity sector: a CGE analysis,"
International Journal of Economic Policy Studies, Springer, vol. 14(2), pages 389-419, August.
- Erisa Dautaj Şenerdem & K. Ali Akkemik, 0. "Evaluation of the reform in the Turkish electricity sector: a CGE analysis," International Journal of Economic Policy Studies, Springer, vol. 0, pages 1-31.
- Ghosh, Ranjan & Kathuria, Vinish, 2016. "The effect of regulatory governance on efficiency of thermal power generation in India: A stochastic frontier analysis," Energy Policy, Elsevier, vol. 89(C), pages 11-24.
- Sumei Chen & Lingyun He, 2013. "Deregulation or Governmental Intervention? A Counterfactual Perspective on China's Electricity Market Reform," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 21(4), pages 101-120, July.
- Fuat Oğuz, 2010. "Competition by regulation in energy markets: the case of Turkey," European Journal of Law and Economics, Springer, vol. 30(1), pages 41-58, August.
- Akkemik, K. Ali, 2011. "Potential impacts of electricity price changes on price formation in the economy: a social accounting matrix price modeling analysis for Turkey," Energy Policy, Elsevier, vol. 39(2), pages 854-864, February.
- Imam, M. & Jamasb, T. & Llorca, M. & Llorca, M., 2018. "Power Sector Reform and Corruption: Evidence from Electricity Industry in Sub-Saharan Africa," Cambridge Working Papers in Economics 1801, Faculty of Economics, University of Cambridge.
- Worch, Hagen & Truffer, Bernhard & Kabinga, Mundia & Eberhard, Anton & Markard, Jochen, 2013. "A capability perspective on performance deficiencies in utility firms," Utilities Policy, Elsevier, vol. 25(C), pages 1-9.
- Imam, Mahmud I. & Jamasb, Tooraj & Llorca, Manuel, 2019.
"Sector reforms and institutional corruption: Evidence from electricity industry in Sub-Saharan Africa,"
Energy Policy, Elsevier, vol. 129(C), pages 532-545.
- Mahmud I. Imam & Tooraj Jamasb & Manuel Llorca, 2018. "Sector Reforms and Institutional Corruption: Evidence from Electricity Industry in Sub-Saharan Africa," Working Papers EPRG 1801, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Ajayi, Victor & Weyman-Jones, Thomas & Glass, Anthony, 2017. "Cost efficiency and electricity market structure: A case study of OECD countries," Energy Economics, Elsevier, vol. 65(C), pages 283-291.
- Estrin, Saul & Pelletier, Adeline, 2016. "Privatisation in Developing Countries: What Are the Lessons of Recent Experience?," IZA Discussion Papers 10297, Institute of Labor Economics (IZA).
- Jamil, Muhammad Hamza & Ullah, Kafait & Saleem, Noor & Abbas, Faisal & Khalid, Hassan Abdullah, 2022. "Did the restructuring of the electricity generation sector increase social welfare in Pakistan?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 157(C).
- Hang Gao & Johannes Van Biesebroeck, 2014.
"Effects of Deregulation and Vertical Unbundling on the Performance of China's Electricity Generation Sector,"
Journal of Industrial Economics, Wiley Blackwell, vol. 62(1), pages 41-76, March.
- Van Biesebroeck, Johannes & Gao, Hang, 2011. "Effects of Deregulation and Vertical Unbundling on the Performance of China's Electricity Generation Sector," CEPR Discussion Papers 8695, C.E.P.R. Discussion Papers.
- Hang GAO & Jo VAN BIESEBROECK, 2011. "Effects of deregulation and vertical unbundling on the performance of China's electricity generation sector," Working Papers of Department of Economics, Leuven ces11.30, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
- Estrin, Saul & Pelletier, Adeline, 2018. "Privatization in developing countries: what are the lessons of recent experience?," LSE Research Online Documents on Economics 87348, London School of Economics and Political Science, LSE Library.
- Michael G. Pollitt, 2019.
"The European Single Market in Electricity: An Economic Assessment,"
Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 55(1), pages 63-87, August.
- Pollitt, M., 2018. "The European Single Market in Electricity: An Economic Assessment," Cambridge Working Papers in Economics 1832, Faculty of Economics, University of Cambridge.
- Michael G. Pollitt, 2018. "The European Single Market in Electricity: An Economic Assessment," Working Papers EPRG 1815, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Xuejuan Su, 2015.
"Have customers benefited from electricity retail competition?,"
Journal of Regulatory Economics, Springer, vol. 47(2), pages 146-182, April.
- Su, Xuejuan, 2012. "Have Customers Benefited from Electricity Retail Competition?," Working Papers 2012-21, University of Alberta, Department of Economics, revised 01 Oct 2014.
- Asane-Otoo, Emmanuel, 2016. "Competition policies and environmental quality: Empirical analysis of the electricity sector in OECD countries," Energy Policy, Elsevier, vol. 95(C), pages 212-223.
More about this item
Keywords
CGE model; Electricity market; Liberalization; Regulation; Turkey;
All these keywords.Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:36:y:2011:i:5:p:3282-3292. See general information about how to correct material in RePEc.
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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.