publication . Preprint . 2005

Quantitative Analysis of the Impact of Changes in Policies and Regulations for Electricity and Town Gas Supply Industries (Japanese)

KAINOU Kazunari;
Open Access
  • Published: 01 Dec 2005
Abstract
In the 1990s, a series of changes were made to policies and regulations governing electricity and town gas supply industries in Japan. To evaluate how such regulatory changes, channeled through the behavior of power/gas companies, have affected the economic welfare of the electricity and town gas markets, it is necessary to first quantitatively analyze how the power/gas companies reacted to the regulatory changes in terms of management behavior. Specifically, it must be examined what decisions the power/gas companies made with respect to their pricing structures as well as to cost-cutting efforts such as rationalization of facility investments, as well as saving...
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