Restructuring Italian Utility Markets: Household Distributional Effects

55 Pages Posted: 16 Nov 2005  

Paola Valbonesi

University of Padua - Department of Economics and Management, DSEA

Raffaele Miniaci

University of Brescia - Department of Economics and Management

Carlo Scarpa

University of Brescia; NERA Economic Consulting

Date Written: November 2005

Abstract

Competition in public utility sectors has been encouraged in recent years throughout Europe. In this paper we try and analyse the welfare effects of these reforms in Italy, with particular attention to water and energy goods. The first step is to introduce a sensible measure of affordability of public utilities and to see how many households fall below a critical threshold. This issue is analysed stressing how climatic conditions dramatically affect households' expenditure and how the affordability of utility bills varies a lot from region to region. So far, utilities' reforms do not seem to have produced negative effects on the weaker group of households.

Keywords: Consumer behaviour, Public utilities, Regulation, Gas, Electricity, Water

JEL Classification: D12, L51, L97

Suggested Citation

Valbonesi, Paola and Miniaci, Raffaele and Scarpa, Carlo, Restructuring Italian Utility Markets: Household Distributional Effects (November 2005). FEEM Working Paper No. 134.05. Available at SSRN: https://ssrn.com/abstract=849066 or http://dx.doi.org/10.2139/ssrn.849066

Paola Valbonesi (Contact Author)

University of Padua - Department of Economics and Management, DSEA ( email )

via Del Santo 33
Padova, 35123
Italy
+39+049+8274058 (Phone)

HOME PAGE: http://www.decon.unipd.it

Raffaele Miniaci

University of Brescia - Department of Economics and Management ( email )

Via San Faustino 74B
Brescia, 25122
Italy

Carlo Scarpa

University of Brescia ( email )

Via San Faustino 74B
Dipartimento di Scienze Economiche
25122 Brescia
Italy
+39+030+2988+833 (Phone)
+39+030+2988+839/840 (Fax)

NERA Economic Consulting ( email )

50 Main Street, 14th Floor
White Plains, NY 10606
United States

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