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Karim Anaya

Working paper

Do climate policies explain the productivity puzzle? Evidence from the energy sector

Productivity growth in advanced economies has slowed. What accounts for it remains a puzzle. One possible explanation lies with the increased stringency of environmental regulations. The authors investigate this possibility in the case of the regulated energy network industries in a sample of OECD countries...
Working paper

Incentive regulation, productivity growth and environmental effects: the case of electricity networks in Great Britain

This paper analyses the productivity growth of electricity transmission and distribution networks in Great Britain and how changes in incentive mechanisms have influenced the measured total factor productivity.