2026-03-10T07:09:14Z 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 technical report GRIPS Policy Research Center AM application/pdf https://grips.repo.nii.ac.jp/record/1058/files/DP11-01.pdf https://doi.org/10.24545/00001058 https://grips.repo.nii.ac.jp/records/1058 eng https://ideas.repec.org/p/ngi/dpaper/11-01.html https://ideas.repec.org/p/ngi/dpaper/11-01.html