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Competition in Regulated Industries

Editor

Listed:
  • Helm, Dieter
    (New College, Oxford)

  • Jenkinson, Tim
    (Keble College, Oxford)

Abstract

The UK has pioneered the introduction of competition into previously monopolistic utility industries. Competition has been introduced progressively, starting with BT, and continuing with the gas and electricity industries, where it is to be completed during 1998. In water, competition has so far been restricted to new developments, and it is said that it will be phased in once the initial franchises expire. These radical policy innovations have been controversial, and raise significant generic problems concerned with market design, regulation, corporate strategy and income distribution. The lessons from the UK provide an essential input into liberalization throughout the world, as well as helping to shape the transitional arrangements already in place in the UK. This volume brings together independent experts with the specialist regulators to provide a comprehensive analysis of the issues. The common themes are drawn together in the introduction. The volume will be essential reading for utility companies, regulators, politicians and policy advisors.

Suggested Citation

  • Helm, Dieter & Jenkinson, Tim (ed.), 1998. "Competition in Regulated Industries," OUP Catalogue, Oxford University Press, number 9780198292524.
    • Handle: RePEc:oxp:obooks:9780198292524
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    Cited by:

    1. Angela S. Bergantino & Etienne Billette de Villemeur & Annalisa Vinella, 2006. "A Model of Partial Regulation in the Maritime Ferry Industry," SERIES 0010, Dipartimento di Economia e Finanza - Università degli Studi di Bari "Aldo Moro", revised Jan 2006.
    2. Aad Correlje & John Groenewegen & Jan Jaap Bouma, 2012. "The Regulated Firm in Liberalized Network Industries," Chapters, in: Michael Dietrich & Jackie Krafft (ed.), Handbook on the Economics and Theory of the Firm, chapter 37, Edward Elgar Publishing.
    3. Mattos, César & Coutinho, Paulo, 2004. "The Duopoly Policy in the Brazilian Model of Telecommunications Reform," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 58(3), July.
    4. 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.
    5. Philippe Gagnepain, 2001. "La nouvelle théorie de la régulation des monopoles naturels : fondements et tests," Post-Print hal-00622947, HAL.
    6. Jolian McHardy & Michael Reynolds & Stephen Trotter, 2012. "On the problem of network monopoly," Theory and Decision, Springer, vol. 73(2), pages 223-248, August.
    7. Francesco Prota, 2002. "Water Resources And Water Policies," Working Papers 8_2002, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy.
    8. Angela S. Bergantino & Etienne Billette De Villemeur & Annalisa Vinella, 2011. "Partial Regulation in Vertically Differentiated Industries," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 13(2), pages 255-287, April.
    9. Thomas, Steve, 2016. "A perspective on the rise and fall of the energy regulator in Britain," Utilities Policy, Elsevier, vol. 39(C), pages 41-49.
    10. VKaren Bakker, Michelle Kooy, Nur Endah Shofiani, and Ernst-Jan Martijn, 2006. "Disconnected: Poverty, Water Supply and Development in Jakarta, Indonesia," Human Development Occasional Papers (1992-2007) HDOCPA-2006-01, Human Development Report Office (HDRO), United Nations Development Programme (UNDP).
    11. Ahmed El Hachemi Mazighi, 2005. "Henry Hub and national balancing point prices: what will be the international gas price reference?," OPEC Energy Review, Organization of the Petroleum Exporting Countries, vol. 29(3), pages 219-230, September.
    12. Lucia Helena Salgado, 2009. "Estado de uma Nação: Textos de Apoio - Rumo a um novo Marco Regulatório para o Gás Natural," Discussion Papers 1387, Instituto de Pesquisa Econômica Aplicada - IPEA.
    13. Erdogdu, Erkan, 2005. "Energy market reforms in Turkey: An economic analysis," MPRA Paper 26929, University Library of Munich, Germany.
    14. Larsen, Erik R. & Dyner, Isaac & Bedoya V., Leonardo & Franco, Carlos Jaime, 2004. "Lessons from deregulation in Colombia: successes, failures and the way ahead," Energy Policy, Elsevier, vol. 32(15), pages 1767-1780, October.
    15. Ralf Boscheck, 2002. "European water infrastructures: Regulatory flux void of reference?," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 37(3), pages 138-149, May.
    16. Mark Casson, 2009. "The Efficiency of the Victorian British Railway Network: A Counterfactual Analysis," Networks and Spatial Economics, Springer, vol. 9(3), pages 339-378, September.
    17. Jupe, Robert, 2009. "A “fresh start” or the “worst of all worlds”? A critical financial analysis of the performance and regulation of Network Rail in Britain’s privatised railway system," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 20(2), pages 175-204.
    18. Alexander M. Goulielmos & Ioannis M. Sitzimis, 2014. "The Liberalization process of the Ferry System in Greece, 2001-2014 (August): What are the benefits to users of Aegean Sea Transportation?," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 64(4), pages 39-66, October-D.
    19. Hulsink, W. & Wubben, E.F.M., 2003. "Creating competition & mastering markets; New entrants, monopolists, and regulators in transforming public utilities across the Atlantic," ERIM Report Series Research in Management ERS-2003-051-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    20. Eduardo Saavedra & Xavier Mancero, "undated". "Entry, Cream Skimming, and Competition: Theory and Simulation for Chile's Local Telephony Market," ILADES-UAH Working Papers inv132, Universidad Alberto Hurtado/School of Economics and Business.
    21. Peter Stubbs & Rafael E. A. MacAtangay, 2002. "The British Experience Of Privatization And Regulation Of The Electricity Industry, And Some Lessons For The Philippines," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 7(1), pages 113-136.

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