An evaluation of incentive regulation: Corrections

Sanford V. Berg, Jinook Jeong

Research output: Contribution to journalArticlepeer-review


This note re-estimates our model of the determinants and impacts of cost component incentive regulation using an improved data set which avoids double-counting firm observations. It also tests alternative specifications of the relationships. While cost component incentive regulation improves engineering efficiency (heat rates), it does not improve economic efficiency. Thus, our earlier findings are not altered by the smaller data set or by model respecification.

Original languageEnglish
Pages (from-to)321-328
Number of pages8
JournalJournal of Regulatory Economics
Issue number3
Publication statusPublished - 1994 Sept

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics


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