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The Challenges of Infrastructure Privatisation

Kessides, Ioannis N. - In: CESifo DICE Report 03 (2005) 1, pp. 19-25

Persistent link: https://www.econbiz.de/10011696495

Network Utilities in the U.S. - Sector Reforms Without Privatization

Vogelsang, Ingo - 2021

U.S. network industry reforms led other countries in the past, but have recently run into difficulties in specific areas. In particular, the U.S. telecommunications sector was hit by a deep crisis and electricity reforms suffered under the California disaster. Part of the explanation for these...

Persistent link: https://www.econbiz.de/10013319434

Privatising Network Industries

Newbery, David M. G. - 2021

Successful network utility privatisation requires incentive-based regulation that allows investment to be adequately rewarded from unsubsidised revenues while maintaining quality, and restructuring that permits effective competition for the network services. The potential for success and the...

Persistent link: https://www.econbiz.de/10013319459

Liberal Regulation : Privatization of Natural Monopolies with Adverse Selection

Auriol, Emmanuelle; Picard, Pierre M. - 2007

This paper studies the effect of soft-budget constraints in a pure adverse selection model of monopoly regulation. We consider a government maximizing total surplus but incurring some cost of public funds à la Laffont Tirole (1993). We propose a regulatory set-up in which firms are free to...

Persistent link: https://www.econbiz.de/10014052152

The Challenges of Infrastructure Privatisation

Kessides, Ioannis N. - In: CESifo DICE Report 3 (2005) 1, pp. 19-25

Persistent link: https://www.econbiz.de/10005056472

Regulatory reforms in selected EU network industries

Martin, Reiner; Roma, Moreno; Vansteenkiste, Isabel - 2005

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...

Persistent link: https://www.econbiz.de/10011606180

UK utility reforms: Distributional implications and government response

Price, Catherine Waddams; Young, Alison - 2001

Persistent link: https://www.econbiz.de/10010279260

Regulatory Institution and Regulatory Practice : Issues in Electricity Tariff Determination in Reformed Electricity Industry in India

Kodwani, Devendra G. - 2010

This paper examines the practice of tariff determination process in a newly created regulatory institutional framework in India. The Indian electricity regulation provides an opportunity to do comparative analysis of the approaches taken by state (provincial) regulators while fixing prices for...

Persistent link: https://www.econbiz.de/10013150025

A Primer on the Welfare Effects of Regulatory Reforms in Network Industries

Ceriani, Lidia - 2015

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...

Persistent link: https://www.econbiz.de/10013028353

Privatization and liberalization in vertically linked markets

Stähler, Frank; Traub, Stefan - 2009

liberalization and their privatization which can be complete or partial such that upstream production is still run by an SOE. We show … in most cases even if a holdup problem exists. For any vertically separated structure we find that privatization through … multi-product firms welfare dominates privatization through single-product firms. …

Persistent link: https://www.econbiz.de/10010298993

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