A Fair Price for Energy? Ownership versus Market Opening in the EU15
49 Pages Posted: 17 Jul 2010
Date Written: July 15, 2010
Abstract
In the past two decades privatisation and liberalisation of network industries providing services of general economic interest (SGEI), have been particularly significant in the European Union. Wide variations around a common policy trend can, however, be observed across countries and sectors. We focus on electricity and gas sectors because energy sectors have usually been profit makers, not affected by direct government transfers, in contrast to other SGEI. We study the effects of privatisation and other reforms on consumer prices using both subjective data on consumers’ perception of utility prices and data on average prices paid.
Keywords: privatisation, electricity, gas, reforms
JEL Classification: L94, L95, L33
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
Trade Union Membership and Dismissals
By Laszlo Goerke and Markus Pannenberg
-
The Twin Effects of Globalization
By Francesco Daveri, Paolo Manasse, ...
-
By Ben J. Heijdra, Jochen O. Mierau, ...
-
A Micro Data Aproach to the Identification of Credit Crunches
-
A Different Look at Lenin's Legacy: Trust, Risk, Fairness and Cooperativeness in the Two Germanies
By Guido Heineck and Bernd Süssmuth
-
Inefficient Group Organization as Optimal Adaptation to Dominant Environments
By Martin Kolmar and Andreas Wagener
-
By Daniel Osberghaus and Christiane Reif
-
Global Warming and Extreme Events: Rethinking the Timing and Intensity of Environmental Policy
By Yu-fu Chen and Michael Funke