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- W2088852572 abstract "In this paper we evaluate the impact of regulation on the investment carried by natural gas transmission and distribution companies in the EU through a panel data of fixed effects. Our sample is composed by nine countries and twenty-three utilities for the period 2000–2009. We find that there is a significant, positive impact on the regulated companies' investment whenever cost-of-service regulation is implemented. Given the empirical evidence and the perspectives for the sector evolution, we conclude for a paradigm shift in the regulation model towards the development and the acceptance of a traditional approach that guarantees the security of supply and the expected demand growth." @default.
- W2088852572 created "2016-06-24" @default.
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- W2088852572 date "2012-05-01" @default.
- W2088852572 modified "2023-09-26" @default.
- W2088852572 title "Regulation and investment in the EU natural gas sector: A panel data analysis" @default.
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- W2088852572 doi "https://doi.org/10.1109/eem.2012.6254785" @default.
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