Reforms in Selected EU Network Industries

46 Pages Posted: 16 Aug 2005

See all articles by Reiner Martin

Reiner Martin

European Central Bank (ECB)

Moreno Roma

European Central Bank (ECB)

Isabel Vansteenkiste

European Central Bank (ECB)

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

Martin, Reiner and Roma, Moreno and Vansteenkiste, Isabel, Reforms in Selected EU Network Industries (April 2005). ECB Occasional Paper No. 28. Available at SSRN: https://ssrn.com/abstract=752088

Reiner Martin (Contact Author)

European Central Bank (ECB) ( email )

Sonnemannstrasse 22
Frankfurt am Main, 60314
Germany

Moreno Roma

European Central Bank (ECB) ( email )

Sonnemannstrasse 22
Frankfurt am Main, 60314
Germany

Isabel Vansteenkiste

European Central Bank (ECB) ( email )

Sonnemannstrasse 22
Frankfurt am Main, 60314
Germany

Register to save articles to
your library

Register

Paper statistics

Downloads
179
Abstract Views
2,494
rank
165,783
PlumX Metrics