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Page 57
The results are conditional on the households reporting positive expenditures on
electricity . ... The magnitude of the welfare effect of a price increase depends on
the household ' s dependence on the energy source , measured by its budget ...
The results are conditional on the households reporting positive expenditures on
electricity . ... The magnitude of the welfare effect of a price increase depends on
the household ' s dependence on the energy source , measured by its budget ...
Page 60
Zero elasticity means that the household is unable to adjust , so this provides an
upper bound of the welfare loss . At a price elasticity of – 1 , the household is able
to reduce electricity consumption in response to the price increase , so ...
Zero elasticity means that the household is unable to adjust , so this provides an
upper bound of the welfare loss . At a price elasticity of – 1 , the household is able
to reduce electricity consumption in response to the price increase , so ...
Page 70
There were Unintended Environmental Costs There may also be unintended
environmental costs associated with the reforms - particularly from household
fuel - switching . As residential tariffs are brought to cost - recovery levels ,
households ...
There were Unintended Environmental Costs There may also be unintended
environmental costs associated with the reforms - particularly from household
fuel - switching . As residential tariffs are brought to cost - recovery levels ,
households ...
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Contents
developing a responsive regulation | 13 |
race to the bottom | 29 |
electricity reforms in Eastern Europe | 49 |
Copyright | |
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Deregulation and Its Discontents: Rewriting the Rules in Asia M. Ramesh,Michael Howlett Limited preview - 2006 |
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