Reforms in Selected EU Network Industries
46 Pages Posted: 16 Aug 2005
Date Written: April 2005
Abstract
In the course of the 1990s, the EU has embarked on an ambitious regulatory reform programme for a number of European network industries, such as telecommunications, energy and transport. This paper analyses the potential benefits of successful reforms in these sectors with a focus on the price effects of regulatory reforms. Following a review of the existing empirical literature in this field, the paper discusses the evolution of the current regulatory framework for network industries in the EU. An empirical analysis of the main determinants of recent price developments in these industries provides evidence that regulatory reform measures had a substantial downward impact on prices in the four sectors under review.
Keywords: Network Industries, Panel Data, Price effects, Regulatory Reforms
JEL Classification: E30, L33, L51, L93 L94, L95, L96
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
Railway (De)Regulation: A European Efficiency Comparison
By Guido Friebel, Marc Ivaldi, ...
-
Railway (De)Regulation: A European Efficiency Comparison
By Guido Friebel, Marc Ivaldi, ...
-
Public-Private Partnerships in Transport
By Antonio Estache, Ellis Juan, ...
-
Where Do We Stand on Transport Infrastructure Deregulation and Public-Private Partnership?
By Antonio Estache and Tomas Serebrisky
-
Auctions vs Negotiations in Public Procurement: Which Works Better?
By Rafael Lalive and Armin Schmutzler
-
The Entry of Low-Cost Airlines: Price Competition in the European Airline Market
By Marco Alderighi, Alessandro Cento, ...
-
Does Supporting Passenger Railways Reduce Road Traffic Externalities?
By Rafael Lalive, Simon Luechinger, ...
-
Competition and Industry Structure for International Rail Transportation
By Guido Friebel, Marc Ivaldi, ...