Can Law Impose Competition? a Critical Discussion and Evidence From the Turkish Electricity Generation Market

dc.contributor.author Oğuz, Fuat
dc.contributor.author Akkemik, Küçük Ali
dc.contributor.author Akkemik, K. Ali
dc.contributor.author Göksal, Koray
dc.contributor.other Economics
dc.date.accessioned 2019-06-27T08:03:03Z
dc.date.available 2019-06-27T08:03:03Z
dc.date.issued 2014
dc.department Fakülteler, İktisadi, İdari ve Sosyal Bilimler Fakültesi, Ekonomi Bölümü en_US
dc.description.abstract Electricity markets have undergone regulatory reforms since the early 1980s around the world. Technical analyses of these reforms usually pay lip service to the influence of politics over regulatory processes. Existing studies examine certain aspects of the market such as demand pricing and efficiency and they touch upon political issues only passingly when economic models cannot provide sufficient explanation This approach problematically takes politics as an ad hoc variable. This study shows that electricity is intrinsically a 'political good' and argues that any meaningful reform effort should take institutions as the starting point rather than a residual. The argument that politics has to be an endogenous variable in any model aspiring to explain behavior in electricity markets is demonstrated in the paper. The evidence for the political good character of electricity is found by examining the Turkish regulatory reform for Which it is argued that there is not a satisfactory relationship between expected and realized gains. (C) 2013 Elsevier Ltd. All rights reserved. en_US]
dc.identifier.citationcount 6
dc.identifier.doi 10.1016/j.rser.2013.10.024 en_US
dc.identifier.endpage 387
dc.identifier.issn 1364-0321 en_US
dc.identifier.issn 1364-0321
dc.identifier.scopus 2-s2.0-84887877826 en_US
dc.identifier.scopusquality Q1
dc.identifier.startpage 381 en_US
dc.identifier.uri https://hdl.handle.net/20.500.12469/731
dc.identifier.uri https://doi.org/10.1016/j.rser.2013.10.024
dc.identifier.volume 30 en_US
dc.identifier.wos WOS:000331421800029 en_US
dc.identifier.wosquality Q1
dc.institutionauthor Akkemik, K. Ali en_US
dc.language.iso en en_US
dc.publisher Pergamon-Elsevier Science Ltd en_US
dc.relation.journal Renewable and Sustainable Energy Reviews en_US
dc.relation.publicationcategory Diğer en_US
dc.rights info:eu-repo/semantics/openAccess en_US
dc.scopus.citedbyCount 9
dc.subject Electricity market en_US
dc.subject Political good en_US
dc.subject Regulation en_US
dc.subject Turkey en_US
dc.title Can Law Impose Competition? a Critical Discussion and Evidence From the Turkish Electricity Generation Market en_US
dc.type Review en_US
dc.wos.citedbyCount 6
dspace.entity.type Publication
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