Download or read book Deregulation of Network Industries written by Sam Peltzman and published by Rowman & Littlefield. This book was released on 2011-04-01 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the airline, railroad, telecommunications, and electric power industries are at very different stages in adjusting to regulatory reform, each industry faces the same critical public policy question: Are policymakers taking appropriate steps to stimulate competition or are they turning back the clock by slowing the process of deregulation? This volume addresses that issue and identifies the next steps that policymakers should take to enhance public welfare in the provision of these services. Each chapter identifies the central policy issues that have arisen in each industry as it undergoes transformation to a deregulated environment. The authors reveal the flaws in the residual regulations and make the case for faster and more comprehensive deregulation. A concluding chapter identifies how interest groups continue to exert influence on regulatory agencies and on Congress, potentially undermining deregulation. The papers included here were initially presented in December 1999 at a conference sponsored and organized by the AEI–Brookings Joint Center for Regulatory Studies.
Download or read book The Governance of Network Industries written by and published by . This book was released on 2009 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Towards Competition in Network Industries written by Paul J.J. Welfens and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition in network industries faces particular problems which are analyzed from both a theoretical and policy perspective. Issues of vertical integration, deregulation and privatization are covered. While competition and privatization are rapidly unfolding in telecommunications in Western and Eastern Europe, energy and railway transportation represent sectors of more gradual liberalization. The different market characteristics of telecommunications, energy and transportation raise consistency problems in the fields of deregulation, investment strategies and internationalization. While transformation policies create opportunities for liberalization in Eastern Europe and Russia the latter shows critical problems in ending monopoly and state ownership. Network industries could be subject to competition and promise major investment opportunities plus consumer benefits.
Download or read book U S Public Policy Toward Network Industries written by Lawrence J. White and published by American Enterprise Institute. This book was released on 1999 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Network industries comprise a large sector of the US economy. This text shows that public policy concerns are not accidental, because such industries often embody two major and widely recognized forms of potential market failure: significant economies of scale, and externalities.
Download or read book Deregulatory Takings and the Regulatory Contract written by J. Gregory Sidak and published by Cambridge University Press. This book was released on 1997-11-28 with total page 655 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 1998 book addresses deregulatory policies termed 'deregulatory takings' that threaten private property in network industries without compensation.
Download or read book The Economics and Regulation of Network Industries written by Ingo Vogelsang and published by Cambridge University Press. This book was released on 2021-11-04 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: Have you ever wondered how your telephone company or Internet service provider can give you access to almost all people in the world, or how electricity suppliers can compete with each other if there is only one electric supply line passing through your street? This Element deals with the economics and public regulation of such network industries. It puts particular emphasis on the specific economic concepts used for analyzing them and on the regulatory reform movement and the compatibility of regulation and competition. Worldwide most of these industries have changed dramatically in recent years, telecommunications in particular. Network industries mostly exhibit economies of scale in production and similar economies in consumption. Both of these properties cause market power problems that often require industry-specific regulation. However, due to technological and market changes network policies have moved on from end-user regulation to wholesale regulation and in some cases to deregulation.
Download or read book The Governance of Network Industries written by Rolf W. Künneke and published by Edward Elgar Publishing. This book was released on 2009-01-01 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses critical issues in the governance of network industries in terms of institutional design, technology and policy. Infrastructures are subject to substantial readjustments of governance structures, often labeled as liberalization, privatization or reregulation. This affects all traditional infrastructure sectors including communications, energy, transport and water. This volume highlights and illustrates some of the major challenges for readjusting the governance of network industries from an economic, institutional, political and technological perspective. The three parts of the book address the institutional design of infrastructures, the role of technology in different sectors, and actor behavior. Adopting a multidisciplinary perspective, this book will appeal to economists and political scientists with an interest in the management of network industries. It will also be of great value to policy-makers and regulators in the field.
Download or read book Deregulation and Stranded Costs in Selected Network Industries written by Agnieszka Kowalska and published by . This book was released on 1998 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Network Industries Between Competition and Regulation written by Cécile Bazart and published by Lit Verlag. This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The opening of network industries to competition is a long-running issue of economic policy in the European Union since the mid 1990s. In an effort to contribute to the vivid exchange between academics and policy makers, this volume focuses on current topics in the field of competition and regulation in electricity, natural gas and transport markets.
Download or read book Deregulation and R D in the Network Industries written by Tooraj Jamasb and published by . This book was released on 2005 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Europe s Network Industries written by Lars Bergman and published by Centre for Economic Policy Research. This book was released on 1998 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report is the first in a new series, Monitoring European Deregulation (MED), launched by CEPR and SNS Förlag in 1997. The MED Reports feature new, policy-oriented research on the liberalization of the European markets of the major 'network industries:' telecommunications, energy, air transportation, rail, and water. Addressed to a wide audience of both academics and European decisionmakers in the private-sector and policy communities, at both the national and EU level, the series will play an important role in informing the policy debate and influencing current thinking on these issues.
Download or read book Deregulation of Network Industries as Institutional Policy of Markets Creation and Governance Mechanisms paper in French written by Jean-Michel Glachant and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contrary to the dominant economic theory which as far as network industries are concerned deals with the issues of natural monopolies and optimal tarification, this article applies another theory to the economic analysis of regulation: the institutional analysis. The author argues that the institutional economic analysis of markets regulation abandons the policies of letting market forces play and highlights two critical dimensions in the production of efficient regulatory and deregulatory policies. These are Market Design which deals with conception of new markets mechanisms and Regulatory Design which deals with the conception of new modes of regulation. The paper examines diverse governance structures (bilateral, multilateral or trilateral) meeting the specificity of the transactions in network activities. It also stresses the necessity to set up institutions able to monitor one or several decades of transition and which take into account interventions by various players and in particular Veto players.
Download or read book The Economic Effects of Surface Freight Deregulation written by Clifford Winston and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: For close to 100 years, America's surface freight industries, primarily rail and trucking, operated under the protective wing of the U.S. government. In 1980 Congress, finding vast inefficiencies in the two industries, substantially deregulated both, opening them at last to market competition. Deregulation has brought with it many changes—for firms within the industries, for their labor force, and for shippers and their customers. Clifford Winston, Thomas M. Corsi, Curtis M. Grimm, and Carol A Evans provide a comprehensive evaluation of the effect of the deregulation legislation on the rail and trucking industries. According to the authors, deregulation has made substantial progress in solving the two most vexing problems of the surface freight transportation industry—excessive rates in the trucking industry and insufficient returns on investment in the rail industry. Competition and efficiency have returned to both industries, and although the labor force in each has suffered wage and job losses, shippers and their customers have gained roughly $20 billion a year in benefits. The authors recommend policies that would continue to promote competition and the efficient use of highway and railway infrastructure.
Download or read book Strategic Behaviour in Network Industries written by E. F. ten Heuvelhof and published by Edward Elgar Publishing. This book was released on 2009-01-01 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book convincingly argues that from a theoretical point of view present day network industries offer opportunities for strategic behaviour and that these opportunities are also actually utilized in practice. The authors show that this behaviour can be harmful to the realization of the expected positive effects of institutional changes such as liberalization and privatization (e.g., innovation and lower prices). The authors make their case in a solid theoretical way illustrated with insightful case studies. This book is a must for academics, managers and policy makers in today s network industries. John Groenewegen, Delft University of Technology, The Netherlands This in-depth book explains how institutional changes such as the privatization and liberalization of network industries, for example transport, energy or telecommunications, can frequently be disappointing. The expected benefits such as lower prices, innovation and better services fail to materialize, often because the number of competitors is low. The authors demonstrate how strategic actor behaviour of one or more of the firms involved can help explain these disappointing results. This book elucidates the concept of strategic behaviour and portrays it in real-life examples to aid our understanding of this important phenomenon in terms of policy and organizational decision-making. It clearly demonstrates the adverse effects strategic behaviour can exert on the quality of infrastructure provision after liberalization. The theoretical sections are backed by empirical examples from throughout the world. The unique multidisciplinary approach will ensure a broad readership among students, researchers and policy-makers with an interest in the economics, politics and management of infrastructure and network industries.
Download or read book Europe s Network Industries written by and published by . This book was released on 1998 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Liberalizations in Network Industries written by Antonio Nicita and published by Springer. This book was released on 2016-09-15 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the wave of liberalization reforms experienced by OECD network industries. Focusing on the telecommunications sector, the authors analyze the latest data available on liberalization and privatization, and following a political economics approach, they integrate standard economic analysis with the most recent studies of the political determinants of market-oriented policies. The book presents new econometric evidence on several policy issues, including institutional complementarities dynamics, the problem of policy sequencing and the role of government political ideology. The detailed and comprehensive discussion offers insights into how so many countries adopting similar reforms actually differ in their policy “bundling”, intensity and implementation of liberalization and privatization.
Download or read book International Handbook of Network Industries written by Matthias Finger and published by Edward Elgar Publishing. This book was released on 2011 with total page 537 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'To learn about how economic and institutional forces have shaped the network industries and policies towards them, read the first part of the book. To discover their impacts on particular industries, read the second part. And to find out what has happened in particular countries, read the third part. I think anyone interested in network industries should read all of it! The book's structure allows for many interesting comparisons across countries and sectors.' Richard Green, University of Birmingham, UK 'This is a very useful and comprehensive guide to reforms in network industries in communications, energy, transport and water. It is organized by generic topic, sector and region. Its authors are acknowledged experts. I am confident that this Handbook will be a widely read and valuable resource for many years.' Martin Cave, London School of Economics, UK 'Quite an accomplishment, this Handbook provides by far the most comprehensive overview of the role of the private sector and competition in infrastructure industries, with thoughtful surveys of each of the major infrastructure sectors and of the key regions and countries.' José Gómez-Ibáñez, Harvard University, US In recent decades, all infrastructures have undergone significant restructuring. This worldwide phenomenon is often labelled 'liberalization' and although expectations were high with respect to lower prices, greater efficiency and innovation, the expected gains have not always been fully realized. This extensive, state-of-the-art Handbook provides a comprehensive overview of the various experiences of liberalization across different sectors, regions and disciplines. The multidisciplinary approach focuses on the economic, political and institutional aspects of liberalization as well as, to a lesser extent, on technological issues. As such, it constitutes a unique contribution, as this broad overview is often lost in the sector specific, country-focused and purely disciplinary approaches prevalent in the current literature. Sectors explored include telecoms, the Internet, energy and transport, whilst the truly global perspective incorporates unique case studies from an array of developed and developing countries including the US, China, India and the EU. The International Handbook of Network Industries will become the definitive volume for academics researchers and students of economics, political science and law interested in infrastructure regulation. It will also prove a valuable guide to practitioners and policy-makers involved in liberalization and competition.
