Since 2014
Detecting and measuring market power in the Philippine wholesale electricity market
Philippine Review of Economics
View Archive Info| Field | Value | |
| Title |
Detecting and measuring market power in the Philippine wholesale electricity market
|
|
| Creator |
Abrenica, Ma. Joy V.; University of the Philippines School of Economics
|
|
| Subject |
market power; wholesale electricity market; strategic bidding
|
|
| Description |
During the first quarter of commercial operation of the Philippine wholesale electricity market, an unexpected surge in clearing prices led to an investigation of public utilities accused of collusion. The paper examines the regulatory response to the first antitrust case in the electricity market. Using actual offers submitted by generators to the market operator and applying a variant of competitive benchmark analysis, the paper traces the price surge to strategic bidding and capacity withholding by public generators.Classification-JEL: L32, L44, L94
|
|
| Publisher |
Philippine Review of Economics
|
|
| Contributor |
—
|
|
| Date |
2010-09-02
|
|
| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
|
| Format |
application/pdf
|
|
| Identifier |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/2
|
|
| Source |
Philippine Review of Economics; Vol 46, No 2 (2009): Papers in Honor of Rolando A. Danao
1655-1516 |
|
| Language |
eng
|
|
| Relation |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/2/669
|
|
| Rights |
Copyright (c) 2018 Philippine Review of Economics
|
|