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Author : European Central Bank
Publisher :
ISBN 13 : 9789291811519
Total Pages : 39 pages
Book Rating : 4.8/5 (115 download)
Download or read book Price Effects of Regulatory Reform in Selected Network Industries written by European Central Bank and published by . This book was released on 2001 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Ingo Vogelsang
Publisher : Cambridge University Press
ISBN 13 : 110880781X
Total Pages : 94 pages
Book Rating : 4.1/5 (88 download)
Download or read book The Economics and Regulation of Network Industries written by Ingo Vogelsang and published by Cambridge University Press. This book was released on 2021-11-04 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: Have you ever wondered how your telephone company or Internet service provider can give you access to almost all people in the world, or how electricity suppliers can compete with each other if there is only one electric supply line passing through your street? This Element deals with the economics and public regulation of such network industries. It puts particular emphasis on the specific economic concepts used for analyzing them and on the regulatory reform movement and the compatibility of regulation and competition. Worldwide most of these industries have changed dramatically in recent years, telecommunications in particular. Network industries mostly exhibit economies of scale in production and similar economies in consumption. Both of these properties cause market power problems that often require industry-specific regulation. However, due to technological and market changes network policies have moved on from end-user regulation to wholesale regulation and in some cases to deregulation.
Author : Damien Geradin
Publisher : Intersentia nv
ISBN 13 : 9050953905
Total Pages : 276 pages
Book Rating : 4.0/5 (59 download)
Download or read book Remedies in Network Industries written by Damien Geradin and published by Intersentia nv. This book was released on 2004 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last decade, the European Union has undertaken major market-opening reforms in the area of network industries. The liberalization process has now been completed in the air transport and electronic communications sectors and has achieved considerable progress in other network industries, such as postal services, energy (electricity and gas), and rail transport. Creating competition in network industries is not an easy matter, however. Because they benefit from certain advantages such as a large initial market share and control of essential facilities, incumbents typically retain substantial market power in a number of relevant markets and may even use their position to prevent others from engineering such markets. Controlling market power is thus one of a number of key concerns in network industries. It can be achieved in two main ways; either through the adoption and implementation of sector-specific rules or through the application of competition rules. There are advantages and disadvantages to both options, but it is a combination of the two that generally prevents incumbents from abusing their market power in liberalized markets. Competition law and sector-specific regulation provide for the application of remedies on incumbents or other operators holding significant market power. Such remedies are either structural or a behavioural. In some occasions they will apply ex ante, while in others ex post. This book comprises a collection of outstanding essays dealing with the complex legal and economic issues raised by remedies in network industries. While some of these essays analyse remedies from a generic point of view, others focus on specific remedies applied specifically in particular sectors. The sectors covered in this volume include electronic communications, postal services, energy (electricity and gas), and air transport. The final paper also presents a discussion of the United States approach to remedies in network industries. The essays comprised in this book have been written by leading academics (lawyers and economists), as well as private practitioners.
Author : Lidia Ceriani
Publisher :
ISBN 13 :
Total Pages : 10 pages
Book Rating : 4.:/5 (13 download)
Download or read book A Primer on the Welfare Effects of Regulatory Reforms in Network Industries written by Lidia Ceriani and published by . This book was released on 2015 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: Starting from an industry where production is provided by a public monopolist, we look at the effects on the consumers' surplus of a sequence of reforms in network industry. Using a simple comparative statics framework, we find indifference conditions in consumers' surplus between respectively public monopoly, unregulated private monopoly, regulated private monopoly, vertically disintegrated monopoly, duopoly and liberalized market. The results are determined by the relative size of the x-inefficiencies of the public monopolist, allocative inefficiencies of private monopoly, the cost of unbundling and costs related to establishing a competitive market.
Author : Massimo Florio
Publisher : Edward Elgar Publishing
ISBN 13 : 1786439034
Total Pages : 263 pages
Book Rating : 4.7/5 (864 download)
Download or read book The Reform of Network Industries written by Massimo Florio and published by Edward Elgar Publishing. This book was released on 2017-12-29 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: Network industries such as electricity, gas, rail, local public transport, telecommunications and postal services are recognised by the EU as crucial for fostering European social and territorial cohesion. Providing an overview of key policy reforms in these industries and an empirical evaluation, this thought-provoking book offers a critical perspective on the functioning of the networks that provide vital services to EU citizens.
Author : Sam Peltzman
Publisher : Rowman & Littlefield
ISBN 13 : 9780815713418
Total Pages : 228 pages
Book Rating : 4.7/5 (134 download)
Download or read book Deregulation of Network Industries written by Sam Peltzman and published by Rowman & Littlefield. This book was released on 2011-04-01 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the airline, railroad, telecommunications, and electric power industries are at very different stages in adjusting to regulatory reform, each industry faces the same critical public policy question: Are policymakers taking appropriate steps to stimulate competition or are they turning back the clock by slowing the process of deregulation? This volume addresses that issue and identifies the next steps that policymakers should take to enhance public welfare in the provision of these services. Each chapter identifies the central policy issues that have arisen in each industry as it undergoes transformation to a deregulated environment. The authors reveal the flaws in the residual regulations and make the case for faster and more comprehensive deregulation. A concluding chapter identifies how interest groups continue to exert influence on regulatory agencies and on Congress, potentially undermining deregulation. The papers included here were initially presented in December 1999 at a conference sponsored and organized by the AEI–Brookings Joint Center for Regulatory Studies.
Author : Marica Frangakis
Publisher : Palgrave MacMillan
ISBN 13 :
Total Pages : 296 pages
Book Rating : 4.0/5 ( download)
Download or read book Privatisation Against the European Social Model written by Marica Frangakis and published by Palgrave MacMillan. This book was released on 2009-11-05 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a comprehensive overview and critical analysis of the processes of liberalization and privatization, and their consequences for economic performance, social cohesion and political democracy in the European Union. It examines the main drivers and the various theoretical rationales for privatisation in the context of different schools of thinking. It argues on the basis of broad empirical evidence that privatisation in Europe, particularly the ongoing privatization of social services, undermines the basic elements of the different social models that have developed in Europe. These arguments are supported by a number of in-depth case studies, with specific focus on health care, education and finance. The authors of this volume advance from this critique and explore the basic requirements for a progressive public sector and its role for economic, social and democratic development. This book will be indispensable reading for all interested in Economic Policy, Public Sector Economics, European Integration and Political Science.
Author : J. Gregory Sidak
Publisher : Cambridge University Press
ISBN 13 : 0521591597
Total Pages : 655 pages
Book Rating : 4.5/5 (215 download)
Download or read book Deregulatory Takings and the Regulatory Contract written by J. Gregory Sidak and published by Cambridge University Press. This book was released on 1997-11-28 with total page 655 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 1998 book addresses deregulatory policies termed 'deregulatory takings' that threaten private property in network industries without compensation.
Author : Rolf W. Künneke
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781958346
Total Pages : 272 pages
Book Rating : 4.9/5 (583 download)
Download or read book Institutional Reform, Regulation and Privatization written by Rolf W. Künneke and published by Edward Elgar Publishing. This book was released on 2005-01-01 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides evolutionary and institutional perspectives on the reform of infrastructure industries, tracing the development of this process in a number of sectors and countries. The contributors contend that infrastructure based industries such as telecommunications, public transport, water management and energy have been increasingly exposed to the dynamism of the market since becoming privatized, and have therefore been stimulated into short-term efficiency and long-term innovation. Drawing on institutional economic theory backed up with case studies such as the California energy crisis, the Dutch gas industry, oil and electricity companies in Spain and the privatization of Schipol airport in Amsterdam the book focuses on process, driving forces, and actors' roles to explain how new balances are established between competing institutions. The degree to which the processes of institutional change are predictable and the effects of deliberate strategic interventions of governments or private actors are explored. Specific technical and sector aspects and their influence on institutional change in various infrastructures are also discussed.
Author : Ioannis Nicolaos Kessides
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 328 pages
Book Rating : 4.3/5 (555 download)
Download or read book Reforming Infrastructure written by Ioannis Nicolaos Kessides and published by World Bank Publications. This book was released on 2004 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity, natural gas, telecommunications, railways, and water supply, are often vertically and horizontally integrated state monopolies. This results in weak services, especially in developing and transition economies, and for poor people. Common problems include low productivity, high costs, bad quality, insufficient revenue, and investment shortfalls. Many countries over the past two decades have restructured, privatized and regulated their infrastructure. This report identifies the challenges involved in this massive policy redirection. It also assesses the outcomes of these changes, as well as their distributional consequences for poor households and other disadvantaged groups. It recommends directions for future reforms and research to improve infrastructure performance, identifying pricing policies that strike a balance between economic efficiency and social equity, suggesting rules governing access to bottleneck infrastructure facilities, and proposing ways to increase poor people's access to these crucial services.
Author : Christian M. Bender
Publisher :
ISBN 13 :
Total Pages : 75 pages
Book Rating : 4.:/5 (815 download)
Download or read book Regulation and Its Effects on Competition and Investment in Network Industries written by Christian M. Bender and published by . This book was released on 2011 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 926419925X
Total Pages : 148 pages
Book Rating : 4.2/5 (641 download)
Download or read book OECD Reviews of Regulatory Reform: United Kingdom 2002 Challenges at the Cutting Edge written by OECD and published by OECD Publishing. This book was released on 2002-10-24 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD's review of regulatory reform in the UK. The review finds that the United Kingdom presents a stimulating contrast of tradition and modernity, which is reflected in a mature and innovative regulatory system.
Author : Rauf Gönenç
Publisher :
ISBN 13 :
Total Pages : 114 pages
Book Rating : 4.F/5 ( download)
Download or read book The Implementation and the Effects of Regulatory Reform written by Rauf Gönenç and published by . This book was released on 2000 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Nancy L. Rose
Publisher : University of Chicago Press
ISBN 13 : 022613816X
Total Pages : 619 pages
Book Rating : 4.2/5 (261 download)
Download or read book Economic Regulation and Its Reform written by Nancy L. Rose and published by University of Chicago Press. This book was released on 2014-08-29 with total page 619 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.
Author :
Publisher : DIANE Publishing
ISBN 13 : 1457823128
Total Pages : 228 pages
Book Rating : 4.4/5 (578 download)
Download or read book Electric Power Services: Recent Reforms in Selected Foreign Markets, Inv. 332-411 written by and published by DIANE Publishing. This book was released on with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 696 pages
Book Rating : 4.F/5 ( download)
Download or read book Monthly Bulletin written by and published by . This book was released on 2007 with total page 696 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Agnieszka Kowalska
Publisher :
ISBN 13 :
Total Pages : 174 pages
Book Rating : 4.:/5 (415 download)
Download or read book Deregulation and Stranded Costs in Selected Network Industries written by Agnieszka Kowalska and published by . This book was released on 1998 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:
