Estimation of the X-Factor in CPI-X Regulation of the Western Australia Rail Industry

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Estimation of the X-Factor in CPI-X Regulation of the Western Australia Rail Industry

The X-factor in Consumer Price Index (CPI)-X or price-cap regulation performs two key roles. Firstly, it ensures that, while inflation does not result in erosion in the real prices regulated firms are permitted to charge, they do not unduly benefit by being able to appropriate all of the returns fr...

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Bibliographic Details
Main Authors:	Bloch, Harry, Kenyon, Peter, Wills-Johnson, Nick
Format:	Journal Article
Published:	Ohio State University 2005
Online Access:	http://hdl.handle.net/20.500.11937/7688

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