2026-03-10T06:47:12Z https://grips.repo.nii.ac.jp/oai

oai:grips.repo.nii.ac.jp:00001058 2023-11-20T08:54:03Z 1:21

Retail Power Market Competition with Endogenous Entry Decision –An Auction Data Analysis HOSOE, Nobuhiro TAKAGI, Shingo electric power industry auction data public procurement sample selection bias https://www.grips.ac.jp/list/jp/facultyinfo/hosoe_nobuhiro/ Deregulation in the electric power industry has been aimed at promoting competition and thereby enhancing the industry’s efficiency. We use the auction data of public power procurements to study the impact of the reform on the retail power market in Japan. We quantify this impact by measuring a decline in power charges, controlling for the endogeneity bias caused by the entrants’ bid-submission decisions. Our results suggest that power charges would decline by about 0.48 yen/kWh on average when two or more providers bid at an auction. JEL Classification Codes: L94, H57, C31 経済学 / Economics GRIPS Policy Research Center 2011-04-22 eng technical report AM https://doi.org/10.24545/00001058 https://grips.repo.nii.ac.jp/records/1058 10.24545/00001058 https://ideas.repec.org/p/ngi/dpaper/11-01.html https://ideas.repec.org/p/ngi/dpaper/11-01.html GRIPS Discussion Papers DP11-01 https://grips.repo.nii.ac.jp/record/1058/files/DP11-01.pdf application/pdf 773.5 kB