气候变化领域集成服务门户(CCPortal): Empirical analysis of how political ideology and ownership influence price stability in the Swedish district heating market

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DOI	10.1016/j.enpol.2020.111759
	Empirical analysis of how political ideology and ownership influence price stability in the Swedish district heating market
	Biggar D.; Söderberg M.
发表日期	2020
ISSN	03014215
卷号	145
英文摘要	It is known that regulators and customers value stable prices in monopolised energy markets. The purpose of this paper is to investigate what factors influence local energy distributors to care about, and seek to implement, stable prices. Because the literature has suggested that ownership and political ideology affect monopoly pricing behaviour, we pay particular attention to ideological and ownership heterogeneity across a large number of local jurisdictions in Sweden. Specifically, this paper investigates two different pricing aspects; first, actual pricing behaviour in the unregulated Swedish district heating market and, second, survey data where the district heating firms report how important they think price stability is for their level of competitiveness. The results show that district heating firms that operate in municipalities with a left-wing government (i) implement actual prices that follow the long-term price path to a larger extent and (ii) state that smoothed prices are more important for their level of competitiveness. Results are both statistically and economically significant at conventional levels. © 2020 Elsevier Ltd
关键词	District heating Monopoly Political ideology Price behaviour Sweden
英文关键词	Commerce; Competition; District heating; Empirical analysis; Energy markets; Local energy; Monopoly pricing; Political ideologies; Price stability; Stable prices; Survey data; Costs; competitiveness; empirical analysis; energy market; firm ownership; heating; monopoly; political ideology; pricing policy; Sweden
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/204572
作者单位	Australian Competition and Consumer Commission (ACCC) and Australian Energy Regulator (AER), Australia; Energy Management Centre, University of Southern Denmark, Niels Bohrs Vej 9, Esbjerg, 6700, Denmark
推荐引用方式 GB/T 7714	Biggar D.,Söderberg M.. Empirical analysis of how political ideology and ownership influence price stability in the Swedish district heating market[J],2020,145.
APA	Biggar D.,&Söderberg M..(2020).Empirical analysis of how political ideology and ownership influence price stability in the Swedish district heating market.Energy Policy,145.
MLA	Biggar D.,et al."Empirical analysis of how political ideology and ownership influence price stability in the Swedish district heating market".Energy Policy 145(2020).