Understanding institutional change: the development of institutions for the regulation of natural gas transportation systems in the US and the EU
AbstractThis paper compares the development of the institutions for regulation of the natural gas transportation systems in the United States and the European Union. Given the fact that these systems are technically similar, it addresses the question why regulatory institutions in the US and the EU have developed in such different ways. To explore institutional change and the differences thereof (in terms of for instance the role of federal and supranational actors, coordination between public and private actors and co-existence of different executive orders), we adopt a historical and dynamic approach in which institutional outcomes are explained not only by the structural conditions but also by the behaviour of the different actors involved. Our exploration is based on a systematic search of the literature on the US and EU regulation of the natural gas transportation systems since their early beginnings. The paper serves as a prelude to more in-depth research on the development of regulatory institutions in the gas sector and notably the political struggles involved in that development.
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Bibliographic InfoPaper provided by European University Institute in its series RSCAS Working Papers with number 2013/07.
Date of creation: Mar 2013
Date of revision:
European Union; history; institutional change; natural gas; politics; regulation; United States.;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-04-20 (All new papers)
- NEP-ENE-2013-04-20 (Energy Economics)
- NEP-REG-2013-04-20 (Regulation)
- NEP-TRE-2013-04-20 (Transport Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Hubbard, R Glenn & Weiner, Robert J, 1986. "Regulation and Long-term Contracting in U.S. Natural Gas Markets," Journal of Industrial Economics, Wiley Blackwell, vol. 35(1), pages 71-79, September.
- Dieter Helm, 2006. "Regulatory Reform, Capture, and the Regulatory Burden," Oxford Review of Economic Policy, Oxford University Press, vol. 22(2), pages 169-185, Summer.
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