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The Economical Character and Regulatory Reform of Network Industry

Author: YanHua
Tutor: GuJianPing
School: Suzhou University
Course: Political Economics
Keywords: Network -based industries Electricity Market-oriented reforms Incentive Regulation Competition
CLC: F224.32
Type: Master's thesis
Year: 2008
Downloads: 197
Quote: 0
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Abstract


Since the 1980s , due to the technical and economic conditions change and traditional regulatory system malfunction , the world began the electricity industry regulatory reform . China also began in the 1980s after the electricity industry , a series of reforms , the establishment of the State Electricity Regulatory Commission , the modifications of the Electricity Act , signifies that China's structural reform in the continuous deepening of electricity regulations . In this paper, the analysis of regulatory reform and the effect of the electric power industry in the West , to the status quo than China in the years after the electricity reform . The goal of regulatory reform is the vertical separation , the introduction of competition and improve the economic efficiency of power enterprises . Proceed from the viewpoint of improving efficiency , Incentive Regulation theoretical analysis of the electric power industry in the transmission and distribution aspects of the pricing problem , and the use of incentives theoretical analysis of the problem of transmission network expansion , drawn to the introduction of market mechanisms in the transmission network expansion expansion of the transmission network capacity , the government try to avoid getting involved in too much intervention and regulation , but rather as a watchdog to promote the development of the electricity market . Commitment to the economic efficiency of the regulatory legislation dynamic game analysis , the model results show whether the government can start to finish to implement policies directly affect to regulate corporate decisions , these problems to some extent caused by the state - owned enterprise reform difficult , the process slow.

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CLC: > Economic > Economic planning and management > Economic calculation, economic and mathematical methods > Economic and mathematical methods > Operations Research in the economy > Game Theory
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