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Book Cover
E-book
Author Florio, Massimo.

Title Network industries and social welfare : the experiment that reshuffled European utilities / Massimo Florio
Edition 1st ed
Published Oxford : Oxford University Press, ©2013

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Description 1 online resource (xxiv, 406 pages)
Contents Cover -- Table of Contents -- List of Figures -- List of Tables -- List of Abbreviations -- Part I: Paradigms, Facts, Predictions -- 1. Introduction: The policy paradigm -- 1.1 Introduction -- 1.2 The EU perspective -- 1.3 The paradigm�s three pillars -- 1.4 Asking the questions -- 1.5 Structure of the book -- 1.6 Further reading -- 2. Stylized facts -- 2.1 Introduction -- 2.2 Reform indicators -- 2.3 Reform trends in the telecommunications industry -- 2.4 Reform trends in the electricity industry -- 2.5 Reform trends in the natural gas industry
2.6 Price trends and correlation with reform indicators2.7 Consumer satisfaction -- 2.8 Summing up -- 2.9 Further reading -- 3. Welfare effects: A simple thought experiment -- 3.1 Introduction -- 3.2 First sketch of the story -- 3.3 An illustrative model -- 3.4 Privatization -- 3.5 Price regulation -- 3.6 Unbundling -- 3.7 Duopoly -- 3.8 Market entry -- 3.9 Discussion: Objectives, incentives and regulation -- 3.10 Conclusion -- 3.11 Further reading -- Part II: Testing the Paradigm -- 4. Testing the paradigm: Telephone services -- 4.1 Introduction
4.2 Technological and regulatory change4.3 Fixed telephony and the European electronic communications market -- 4.4 Telephony prices -- 4.5 Using the conceptual model -- 4.6 Earlier literature -- 4.7 Data -- 4.8 Explaining telephone price dynamics -- 4.9 Mobile telephony prices -- 4.10 Summing up and a glimpse into the future -- 4.11 Further reading -- 4.A.1 Appendix: ECTR scores -- 4.A.2 Appendix: The 2009 EU reform package for telecoms -- 5. Testing the paradigm: Electricity -- 5.1 Introduction -- 5.2 Technological and regulatory features
5.3 Regulatory issues5.4 Country features -- 5.5 Earlier empirical findings -- 5.6 Data -- 5.7 Results -- 5.8 A paradigm reversal? Electricity market reform in the UK -- 5.9 Concluding remarks -- 5.10 Further reading -- 5.A.1 Appendix: ECTR scores -- 5.A.2 Appendix: Estimating consumer prices using panel data models -- 5.A.3 Appendix: The Third EU package -- 6. Testing the paradigm: Natural gas -- 6.1 Introduction -- 6.2 Technology, costs, and prices -- 6.3 Demand, supply, and country features -- 6.4 Some earlier findings -- 6.5 Data
6.6 Empirical analysis6.7 Summing up and open energy policy issues -- 6.8 Further reading -- 6.A.1 Appendix: ECTR scores -- 6.A.2 Appendix: The EU natural gas directives -- Part III: Perceptions, Quality, Affordability -- 7. Double checking: Perceived price fairness -- 7.1 Introduction -- 7.2 Learning from what users say -- 7.3 Some earlier empirical findings -- 7.4 Data -- 7.5 Summing up -- 7.6 Further reading -- 7.A.1 Appendix: Empirical models for consumer dissatisfaction -- 8. Quality of service -- 8.1 Introduction
Summary This text offers a careful scrutiny of energy and telephony reforms and their social impact on households in 15 countries across Western Europe. It concludes that the benefits for consumers are limited and it discusses the reasons why the European reform experiment of network industries is not living up to its promises
Bibliography Includes bibliographical references and index
Notes Print version record
Subject Public utilities -- Government policy -- Europe
Deregulation -- Europe
BUSINESS & ECONOMICS -- Infrastructure.
SOCIAL SCIENCE -- General.
Deregulation
Public utilities -- Government policy
Europe
Form Electronic book
ISBN 9780191662508
019166250X
129967447X
9781299674479
9780191758874
0191758876