IDEAS home Printed from https://ideas.repec.org/a/eee/juipol/v19y2011i3p172-184.html
   My bibliography  Save this article

Liberalization and regulatory reform of network industries: A comparative analysis of Italian public utilities

Author

Listed:
  • Asquer, Alberto

Abstract

This study aims to contribute investigating the difficulties to reap the intended benefits from liberalization and regulatory reforms of network industries. This issue is tackled through the ‘theoretical lenses’ of new institutional economics, in particular by applying the Institutional Analysis and Development (IAD) framework. The study is a comparative analysis of liberalization and regulatory reforms of network industries within the same country context. In Italy, various reforms of network industries have been made and implemented during the 1990s and 2000s, especially in water, gas, electricity, telecommunications, railways, highways, local public transports, and urban solid waste. These reforms generally resulted in greater or lesser degrees of changes of regulatory institutions and industry structure, but in relatively modest competitive pressures on the whole. This analysis suggests that the difficulty to implement liberalization and regulatory reforms of network industries in Italy may be explained by various concurrent mechanisms, which have to do with the rent-seeking behavior of the actors of the industry’s community, the rise of barriers to entry against competitors, and the risk of collusive practices between regulators and regulated. This study suggests some tentative generalizations concerning the effectiveness of reforms intended to open up network industries to competitive pressures.

Suggested Citation

  • Asquer, Alberto, 2011. "Liberalization and regulatory reform of network industries: A comparative analysis of Italian public utilities," Utilities Policy, Elsevier, vol. 19(3), pages 172-184.
  • Handle: RePEc:eee:juipol:v:19:y:2011:i:3:p:172-184
    DOI: 10.1016/j.jup.2011.04.001
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0957178711000312
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Mathias, Melissa Cristina & Szklo, Alexandre, 2007. "Lessons learned from Brazilian natural gas industry reform," Energy Policy, Elsevier, vol. 35(12), pages 6478-6490, December.
    2. Anne Yvrande-Billon, 2006. "The Attribution Process Of Delegation Contracts In The French Urban Public Transport Sector: Why Competitive Tendering Is A Myth," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 77(4), pages 453-478, December.
    3. Wilder, Margaret & Romero Lankao, Patricia, 2006. "Paradoxes of Decentralization: Water Reform and Social Implications in Mexico," World Development, Elsevier, vol. 34(11), pages 1977-1995, November.
    4. Philippe Gagnepain & Marc Ivaldi, 2002. "Incentive Regulatory Policies: The Case of Public Transit Systems in France," RAND Journal of Economics, The RAND Corporation, vol. 33(4), pages 605-629, Winter.
    5. Gutierrez, Luis H. & Berg, Sanford, 2000. "Telecommunications liberalization and regulatory governance: lessons from Latin America," Telecommunications Policy, Elsevier, vol. 24(10-11), pages 865-884, November.
    6. Massimiliano Piacenza & Giovanni Fraquelli & Graziano Abrate, 2001. "Il trasporto pubblico locale in Italia: variabili esplicative dei divari di costo tra le imprese," ECONOMIA E POLITICA INDUSTRIALE, FrancoAngeli Editore, vol. 2001(111).
    7. Yvrande-Billon, Anne & Menard, Claude, 2005. "Institutional constraints and organizational changes: the case of the British rail reform," Journal of Economic Behavior & Organization, Elsevier, vol. 56(4), pages 675-699, April.
    8. Massarutto, Antonio, 2007. "Municipal waste management as a local utility: Options for competition in an environmentally-regulated industry," Utilities Policy, Elsevier, vol. 15(1), pages 9-19, March.
    9. Luigi Benfratello & Alberto Iozzi & Paola Valbonesi, 2009. "Technology and incentive regulation in the Italian motorways industry," Journal of Regulatory Economics, Springer, vol. 35(2), pages 201-221, April.
    10. Green, Richard, 1999. "Draining the Pool: the reform of electricity trading in England and Wales," Energy Policy, Elsevier, vol. 27(9), pages 515-525, September.
    11. Olivier Boylaud & Giuseppe Nicoletti, 2003. "Regulation, market structure and performance in telecommunications," OECD Economic Studies, OECD Publishing, vol. 2001(1), pages 99-142.
    12. Levy, Brian & Spiller, Pablo T, 1994. "The Institutional Foundations of Regulatory Commitment: A Comparative Analysis of Telecommunications Regulation," Journal of Law, Economics, and Organization, Oxford University Press, vol. 10(2), pages 201-246, October.
    13. Filippini, Massimo & Maggi, Rico, 1993. "Efficiency and Regulation in the Case of the Swiss Private Railways," Journal of Regulatory Economics, Springer, vol. 5(2), pages 199-216, June.
    14. Melody, William H., 1999. "Telecom reform: progress and prospects," Telecommunications Policy, Elsevier, vol. 23(1), pages 7-34, February.
    15. Estache, Antonio & Romero, Manuel & Strong, John, 2000. "The long and winding path to private financing and regulation of toll roads," Policy Research Working Paper Series 2387, The World Bank.
    16. Cowan, Simon, 1997. "Competition in the Water Industry," Oxford Review of Economic Policy, Oxford University Press, vol. 13(1), pages 83-92, Spring.
    17. Michele Polo & Carlo Scarpa, 2003. "The liberalization of energy markets in Europe and Italy," Working Papers 230, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    18. Doane, Michael J & Spulber, Daniel F, 1994. "Open Access and the Evolution of the U.S. Spot Market for Natural Gas," Journal of Law and Economics, University of Chicago Press, vol. 37(2), pages 477-517, October.
    19. Rosellon, Juan*Halpern, Jonathan, 2001. "Regulatory reform in Mexico's natural gas industry : liberalization in the context of a dominant upstream incumbent," Policy Research Working Paper Series 2537, The World Bank.
    20. van de Velde, D. M., 1999. "Organisational forms and entrepreneurship in public transport: classifying organisational forms," Transport Policy, Elsevier, vol. 6(3), pages 147-157, July.
    21. David Hawdon & Nicola Stevens, 2001. "Regulatory reform in the UK gas market: the case of the storage auction," Fiscal Studies, Institute for Fiscal Studies, vol. 22(2), pages 217-232., June.
    22. J-M- Glachant, 2002. "Why regulate deregulated network industries?," Competition and Regulation in Network Industries, Intersentia, vol. 3(3), pages 297-312, September.
    23. Mark Armstrong & Simon Cowan & John Vickers, 1994. "Regulatory Reform: Economic Analysis and British Experience," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262510790, January.
    24. Arocena, Pablo & Kuhn, Kai-Uwe- & Regibeau, Pierre, 1999. "Regulatory reform in the Spanish electricity industry: a missed opportunity for competition," Energy Policy, Elsevier, vol. 27(7), pages 387-399, July.
    25. Joskow, Paul L, 1996. "Introducing Competition into Regulated Network Industries: From Hierarchies to Markets in Electricity," Industrial and Corporate Change, Oxford University Press, vol. 5(2), pages 341-382.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Stefano Clò & Marco Di Giulio & Maria Tullia Galanti & Maddalena Sorrentino, 2016. "Italian state-owned enterprises after decades of reforms: Still public?," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2016(3), pages 11-49.
    2. Giacomo Di Foggia & Ugo Arrigo, 2015. "The scope of public organisations with productive functions: insights from the inefficiency of Italian local public transport," European Journal of Government and Economics, Europa Grande, vol. 4(2), pages 134-154, December.
    3. Chi-Chih Lin, 2016. "Can Total Deregulation Be A Better Option Than Partial Deregulation?," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 61(04), pages 1-16, September.
    4. Di Giulio, Marco & Galanti, Maria Tullia & Moro, Francesco Niccolò, 2016. "Political coalitions, local leaders and the internationalization of local public services in Italy," Utilities Policy, Elsevier, vol. 40(C), pages 144-151.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:juipol:v:19:y:2011:i:3:p:172-184. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dana Niculescu). General contact details of provider: http://www.elsevier.com/locate/inca/30478 .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.