IDEAS home Printed from https://ideas.repec.org/a/sos/sosjrn/180403.html
   My bibliography  Save this article

Regulation and Independent Regulatory Authority for Electricity Energy Market: The Case of Turkey

Author

Listed:
  • Özgür Emre KOÇ
  • Mustafa Alpin GÜLŞEN

Abstract

The public sector is frequently intervened in the production, transmission and distribution phases of electrical products, which are an important part of social and economic life today. From this point of view, while the electricity market was under the administration of public property holders until the 1970s, the electricity market became more dominant in the private sector because of deregulation activities since the 1990s. The study describes the reasons for the regulations in the electricity sector. In addition, the role of regulators in this process (examples of Turkey and the world) are included. In our country, the scope of regulation is narrowing because there is a dependency on imports in electricity consumption. The existence of short-term and current regulations to solve current problems, rather than long-term and wide-ranging structural regulations, has a negative impact on the sector. In addition, since the 1990s, the increase in the number of participants in the sector has been a positive development in terms of competition.

Suggested Citation

  • Özgür Emre KOÇ & Mustafa Alpin GÜLŞEN, 2018. "Regulation and Independent Regulatory Authority for Electricity Energy Market: The Case of Turkey," Sosyoekonomi Journal, Sosyoekonomi Society, issue 26(38).
  • Handle: RePEc:sos:sosjrn:180403
    as

    Download full text from publisher

    File URL: http://dergipark.gov.tr/download/article-file/519521
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. George J. Stigler, 1971. "The Theory of Economic Regulation," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 3-21, Spring.
    2. Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, vol. 65, pages 135-135.
    3. Preetum Domah & Pollitt, M.G. & Jon Stern, 2002. "Modelling the Costs of Electricity Regulation: Evidence of Human Resource Constraints in Developing Countries," Cambridge Working Papers in Economics 0229, Faculty of Economics, University of Cambridge.
    4. Majone, Giandomenico, 1997. "From the Positive to the Regulatory State: Causes and Consequences of Changes in the Mode of Governance," Journal of Public Policy, Cambridge University Press, vol. 17(2), pages 139-167, May.
    5. Richard A. Posner, 1974. "Theories of Economic Regulation," Bell Journal of Economics, The RAND Corporation, vol. 5(2), pages 335-358, Autumn.
    6. Parker, David, 2001. "Economic Regulation: A Preliminary Literature Review and Summary of Research Questions Arising," Centre on Regulation and Competition (CRC) Working papers 30616, University of Manchester, Institute for Development Policy and Management (IDPM).
    7. Friedman, Milton, 2002. "Capitalism and Freedom," University of Chicago Press Economics Books, University of Chicago Press, number 9780226264202.
    8. Mark T. Kanazawa & Roger G. Noll, 1994. "The Origins of State Railroad Regulation: The Illinois Constitution of 1870," NBER Chapters, in: The Regulated Economy: A Historical Approach to Political Economy, pages 13-54, National Bureau of Economic Research, Inc.
    9. Friedman, Milton, 2002. "Capitalism and Freedom," University of Chicago Press Economics Books, University of Chicago Press, number 9780226264219, Febrero.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. William C. Mitchell, 1990. "Interest Groups: Economic Perspectives and Contributions," Journal of Theoretical Politics, , vol. 2(1), pages 85-108, January.
    2. Matthew D. Mitchell, 2019. "Uncontestable favoritism," Public Choice, Springer, vol. 181(1), pages 167-190, October.
    3. Gehring, Kai, 2013. "Who Benefits from Economic Freedom? Unraveling the Effect of Economic Freedom on Subjective Well-Being," World Development, Elsevier, vol. 50(C), pages 74-90.
    4. repec:awi:wpaper:0531 is not listed on IDEAS
    5. Georgios Kyroglou & Matt Henn, 2017. "Political Consumerism as a Neoliberal Response to Youth Political Disengagement," Societies, MDPI, vol. 7(4), pages 1-16, December.
    6. Liam Clegg & Fay Farstad, 2021. "The local political economy of the regulatory state: Governing affordable housing in England," Regulation & Governance, John Wiley & Sons, vol. 15(1), pages 168-184, January.
    7. William C. Mitchell & Michael C. Munger, 1993. "Doing Well While Intending Good: Cases in Political Exploitation," Journal of Theoretical Politics, , vol. 5(3), pages 317-348, July.
    8. Denton Marks, 1991. "On Resolving the Dilemma of Rent Control," Urban Studies, Urban Studies Journal Limited, vol. 28(3), pages 415-431, June.
    9. Qiezeng Yuan, 2021. "How to Restrain Regulatory Capture and Promote Green Innovation in China. An Analysis Based on Evolutionary Game Theory," Sustainability, MDPI, vol. 13(17), pages 1-20, August.
    10. Jean-Paul Faguet, 2004. "Why So Much Centralization? A Model of Primitive Centripetal Accumulation," STICERD - Development Economics Papers - From 2008 this series has been superseded by Economic Organisation and Public Policy Discussion Papers 43, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    11. Stavins, Robert & Keohane, Nathaniel & Revesz, Richard, 1997. "The Positive Political Economy of Instrument Choice in Environmental Policy," RFF Working Paper Series dp-97-25, Resources for the Future.
    12. Gehring, Kai, 2014. "Who Benefits from Economic Freedom? Unraveling the Effect of Economic Freedom on Subjective Well-Being," Working Papers 531, University of Heidelberg, Department of Economics.
    13. Kirkpatrick, Colin & Parker, David & Zhang, Yin-Fang, 2004. "Foreign Direct Investment in Infrastructure in Developing Countries: Does Regulation Make a Difference?," Centre on Regulation and Competition (CRC) Working papers 30703, University of Manchester, Institute for Development Policy and Management (IDPM).
    14. Schuh, G. Edward, 1981. "Economics And International Relations A Conceptual Framework," 1981 Annual Meeting, July 26-29, Clemson, South Carolina 279342, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    15. de Gorter, Harry & Zilberman, David, 1986. "On the Private and Social Value of Public Good Inputs," CUDARE Working Papers 198280, University of California, Berkeley, Department of Agricultural and Resource Economics.
    16. Felix Windegger & Clive L. Spash, 2021. "Reconceptualising Freedom in the 21st Century: Degrowth vs. Neoliberalism," SRE-Disc sre-disc-2021_02, Institute for Multilevel Governance and Development, Department of Socioeconomics, Vienna University of Economics and Business.
    17. Howard Stein, 2012. "The Neoliberal Policy Paradigm and the Great Recession," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 59(4), pages 421-440, September.
    18. Rausser, Gordon C. & de Janvry, Alain & Schmitz, Andrew & Zilberman, David D., 1980. "Principal issues in the evaluation of public research in agriculture," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt74v9m7dh, Department of Agricultural & Resource Economics, UC Berkeley.
    19. Mountain, Bruce R., 2019. "Ownership, regulation, and financial disparity: The case of electricity distribution in Australia," Utilities Policy, Elsevier, vol. 60(C), pages 1-1.
    20. Matthias Finger & Rolf W. Künneke (ed.), 2011. "International Handbook of Network Industries," Books, Edward Elgar Publishing, number 12961.
    21. Ando, Amy, 1998. "Delay on the Path to the Endangered Species List: Do Costs and Benefits Matter," RFF Working Paper Series dp-97-43-rev, Resources for the Future.

    More about this item

    Keywords

    Regulation; Electricity Sector; Independent Regulatory Agencies; Turkey.;
    All these keywords.

    JEL classification:

    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • L43 - Industrial Organization - - Antitrust Issues and Policies - - - Legal Monopolies and Regulation or Deregulation
    • L50 - Industrial Organization - - Regulation and Industrial Policy - - - General

    Statistics

    Access and download statistics

    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:sos:sosjrn:180403. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Aysen Sivrikaya (email available below). General contact details of provider: http://www.sosyoekonomijournal.org/home.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.