2012 Fiscal Year Final Research Report
Quantitative analysis on structural procurement models
| Project/Area Number |
22530204
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Economic statistics
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| Research Institution | Hokkaido University |
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Principal Investigator |
TAKAGI Shingo 北海道大学, 大学院・公共政策学連携研究部, 准教授 (10326283)
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| Project Period (FY) |
2010 – 2012
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| Keywords | 構造推定 / 入札・オークション / 政策効果 / 入札モデル / 電力小売市場 / 制限従属変数モデル |
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| Research Abstract |
In our project, we developed a structural auction model and quantitatively examined the effects of policy measures to enhance competition in the retail power market of Japan. We used a theoretical model with asymmetricities between an incumbent and new entrants in both cost distributions and information structure, where the incumbent's cost is assumed to be common knowledge, and empirically estimated the structural parameters characterizing their cost distributions using public power procurement data.
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