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Energy services at local and national level in the transition period in Hungary

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Author Info
Pal Valentiny () (Institute of Economics, Hungarian Academy of Sciences)

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Abstract

Energy industries are mainly organised at national level in Hungary, however local governments have their specific role in the system. Local governments have been major performers in the first period of the transition process: they were entitled to receive 25 per cent of the shares in electric utilities and 40 per cent of the shares in gas supply during the privatisation process. They did not build up long standing portfolios in these utilities. They became more important players at district heating, where they have a contradictory triple function - owner, regulator and provider of the local social safety net. Local governments are also in the forefront of the energy saving programmes.

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Publisher Info
Paper provided by Institute of Economics, Hungarian Academy of Sciences in its series IEHAS Discussion Papers with number 0804.

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Length: 21 pages
Date of creation: Apr 2008
Date of revision:
Handle: RePEc:has:discpr:0804

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Related research
Keywords: energy industries; regulation; local governments;

Find related papers by JEL classification:
L43 - Industrial Organization - - Antitrust Issues and Policies - - - Legal Monopolies and Regulation or Deregulation
L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
L97 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Utilities: General
Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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This page was last updated on 2009-11-25.


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