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Major Reforms in Electricity Pricing: Evidence from a Quasi-Experiment

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dc.contributor.authorLabandeira, Xavier
dc.contributor.authorLabeaga Azcona, José María
dc.contributor.authorTeixidó, Jordi J
dc.contributor.orcidhttps://orcid.org/0000-0003-2952-058X
dc.contributor.orcidhttps://orcid.org/0000-0002-2530-388X
dc.date.accessioned2025-01-24T12:16:55Z
dc.date.available2025-01-24T12:16:55Z
dc.date.issued2021
dc.description The registered version of this article, first published in “The Economic Journal, Volume 132, 2021", is available online at the publisher's website: Oxford University Press, https://doi.org/10.1093/ej/ueab076 La versión registrada de este artículo, publicado por primera vez en “The Economic Journal, Volume 132, 2021", está disponible en línea en el sitio web del editor: Oxford University Pres, https://doi.org/10.1093/ej/ueab076
dc.description.abstractThe global energy mix and the cost structure of the power industry are experiencing a redefinition. Many countries are revamping electricity-pricing systems to guarantee fixed-cost recovery, often by raising the fixed charge of two-part tariff schemes. However, a key assumption of two-part tariff schemes and associated fixed cost recoveries is that consumers discriminate fixed from marginal costs. We conduct a quasi-experiment with data from a major electricity price reformrecently implemented in Spain and find robust evidence indicating that consumers fail to distinguish between fixed and marginal costs. As a result, policymakers are not achieving the goal of cost recoveryen
dc.description.versionversión original
dc.identifier.citationXavier Labandeira, José M Labeaga, Jordi J Teixidó, Major Reforms in Electricity Pricing: Evidence from a Quasi-Experiment, The Economic Journal, Volume 132, Issue 644, May 2022, Pages 1517–1541, https://doi.org/10.1093/ej/ueab076
dc.identifier.doihttps://doi.org/10.1093/ej/ueab076
dc.identifier.issn0013-0133 | eISSN 1468-0297
dc.identifier.urihttps://hdl.handle.net/20.500.14468/25494
dc.journal.issue644
dc.journal.titleThe Economic Journal
dc.journal.volume132
dc.language.isoen
dc.page.final1541
dc.page.initial1517
dc.publisherOxford University Press
dc.relation.centerFacultades y escuelas::Facultad de Ciencias Económicas y Empresariales
dc.relation.departmentTeoría Económica y Economía Matemática
dc.rightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/deed.es
dc.subject53 Ciencias Económicas
dc.subject.keywordsfixed-cost recoveryen
dc.subject.keywordsresidential electricity demanden
dc.subject.keywordsquasi-experimenten
dc.subject.keywordstwo-part tariffen
dc.titleMajor Reforms in Electricity Pricing: Evidence from a Quasi-Experimenten
dc.typeartículoes
dc.typejournal articleen
dspace.entity.typePublication
relation.isAuthorOfPublication6f5ba33d-cb8e-4e81-a634-25499d28afdb
relation.isAuthorOfPublication.latestForDiscovery6f5ba33d-cb8e-4e81-a634-25499d28afdb
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