Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2018.03.049 |
The effect of default rates on retail competition and pricing decisions of competitive retailers: The case of Alberta | |
Brown, David P.; Eckert, Andrew | |
2018-07-01 | |
发表期刊 | ENERGY POLICY |
ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2018 |
卷号 | 118页码:298-311 |
文章类型 | Article |
语种 | 英语 |
国家 | Canada |
英文摘要 | We investigate the impacts of default regulated products and their design on the development of competitive retail markets and retailers' pricing decisions. We analyze this question in the context of Alberta's competitive retail electricity market, using data on the prices and characteristics of both regulated and unregulated retail products from July 2006 to March 2017. Our analysis consists of a descriptive discussion of the evolution of market structure in the industry, followed by an econometric analysis of the effect of default prices on unregulated retail prices. We find that as the default product moved from being a long-term stable product, to one based on short-term forward market prices, the number of products and competitors increased substantially. Our econometric analysis of the pricing of unregulated contracts suggests that competitive retailers adjust prices upward in response to short-term increases in the regulated rate, even after controlling for changes in the costs of providing retail products. |
英文关键词 | Electricity Retail markets Market power Regulation Default rates |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000435050000028 |
WOS关键词 | ELECTRICITY MARKET ; PRICES ; ADJUSTMENT ; POWER ; STICKY ; MODELS ; US |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/19020 |
专题 | 气候变化 |
作者单位 | Univ Alberta, Dept Econ, Edmonton, AB T6G 2H4, Canada |
推荐引用方式 GB/T 7714 | Brown, David P.,Eckert, Andrew. The effect of default rates on retail competition and pricing decisions of competitive retailers: The case of Alberta[J]. ENERGY POLICY,2018,118:298-311. |
APA | Brown, David P.,&Eckert, Andrew.(2018).The effect of default rates on retail competition and pricing decisions of competitive retailers: The case of Alberta.ENERGY POLICY,118,298-311. |
MLA | Brown, David P.,et al."The effect of default rates on retail competition and pricing decisions of competitive retailers: The case of Alberta".ENERGY POLICY 118(2018):298-311. |
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