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Energy Economists and Economic Liberalism

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  • Colin Robinson

Abstract

Energy markets in many countries have been extensively liberalised in recent years as part of the revival of market economics. However, though ,everyone may believe in markets now', there are differences of opinion about what constitutes a competitive market. The perfect competition paradigm persists and leads to demands for state regulation to counteract 'imperfections' anti failures'. Energy economists should look more sceptically than they generally do at these calls for regulation, most of which have little to do with the 'public interest': in the long run the accretion of regulation may lead back to extensive state control.

Suggested Citation

  • Colin Robinson, 2000. "Energy Economists and Economic Liberalism," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 1-22.
    • Handle: RePEc:aen:journl:2000v21-02-a01
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    Cited by:

    1. Jay, Stephen, 2010. "Strategic environmental assessment for energy production," Energy Policy, Elsevier, vol. 38(7), pages 3489-3497, July.
    2. Ludovic Gaudard & Franco Romerio, 2020. "A Conceptual Framework to Classify and Manage Risk, Uncertainty and Ambiguity: An Application to Energy Policy," Energies, MDPI, vol. 13(6), pages 1-22, March.
    3. Colin Robinson, 2004. "Markets, Imper Fections And The Dangers Of Over‐Regulating Energy Markets," Economic Affairs, Wiley Blackwell, vol. 24(2), pages 52-55, June.
    4. Westin, Paul & Lagergren, Fredrik, 2002. "Re-regulating district heating in Sweden," Energy Policy, Elsevier, vol. 30(7), pages 583-596, June.

    More about this item

    JEL classification:

    • F0 - International Economics - - General

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