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Regulatory federalism in network industries

  • Francesc Trillas

    ()

    (Universitat de Barcelona & IEB)

This article starts by surveying the literature on economic federalism and relating it to network industries. Some new developments (which focus on the role of inter-jurisdictional externalities and multiple objectives) are then added and used to analyze regulatory arrangements in telecommunications and energy in the EU and the US. Although central or federal policy making is more focused and specialized and makes it difficult for more interest groups to organize, it is not clear that under all conditions central powers will not be associated with underinvestment. When technology makes the introduction of competition in some segments possible, the possibilities for organizing the institutional architecture of regulation expand.

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File URL: http://ieb.ub.edu/aplicacio/fitxers/2009/3/Doc2008-8.pdf
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Paper provided by Institut d'Economia de Barcelona (IEB) in its series Working Papers with number 2008/8.

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Length: 75 pages
Date of creation: 2008
Date of revision:
Handle: RePEc:ieb:wpaper:2009/3/doc2008-8
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