@techreport{oai:grips.repo.nii.ac.jp:00000937,
 author = {HOSOE, Nobuhiro},
 note = {https://www.grips.ac.jp/list/jp/facultyinfo/hosoe_nobuhiro/, We quantify the impact of deregulation for the Japanese electricity industry with a computable general equilibrium model. Our analysis has two notable features. First, we distinguish three sectors in this industry for analyses of deregulation in detail: power generation, transmission, and distribution. Second, we consider substitution among four energy commodities. Our numerical simulations show a potential for significant welfare improvements and substitution among energy sources from deregulation. Depending on whether dergulation abolishes monopoly rent or x-inefficiency, the effects of deregulation on factor markets would qulitatively differ., JEL Classification Codes: L94, L51, C68},
 title = {The Deregulation of Japan's Electricity Industry}
}