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Price Effects of Regulation: Telecommunications, Air Passenger Transport and Electricity Supply

Author

Listed:
  • Samanatha Doove

    (Productivity Commission)

  • Owen Gabbitas

    (Productivity Commission)

  • Duc Nguyen-Hong

    (Productivity Commission)

  • Joe Owen

    (Productivity Commission)

Abstract

Price Effects of Regulation draws on research undertaken at the OECD to quantify the effects of domestic regulatory regimes on prices in up to 50 economies for 3 sectors — international air passenger transport, telecommunications and electricity supply. The study finds wide variations in regulatory regimes across economies for each sector. The results suggest a positive relationship between the stringency of regulatory regimes and higher prices in each sector. For example, the bilateral system of restrictions on the number of air passenger flights between countries and the conditions under which they operate are estimated to collectively increase airfares by between 3 and 22 per cent.

Suggested Citation

  • Samanatha Doove & Owen Gabbitas & Duc Nguyen-Hong & Joe Owen, 2001. "Price Effects of Regulation: Telecommunications, Air Passenger Transport and Electricity Supply," Others 0110004, EconWPA.
  • Handle: RePEc:wpa:wuwpot:0110004
    Note: Type of Document - Word 97; prepared on IBM PC; to print on HP; pages: 128 ; figures: included
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    File URL: http://econwpa.repec.org/eps/othr/papers/0110/0110004.pdf
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    References listed on IDEAS

    as
    1. Chris Sayers & Dianne Shields, 2001. "Electricity prices and cost factors," Others 0108001, EconWPA.
    2. George Verikios & Xiao-guang Zhang, 2001. "Global Gains from Liberalising Trade in Telecommunications and Financial Services," Others 0110005, EconWPA.
    3. Faye Steiner, 2000. "Regulation, Industry Structure and Performance in the Electricity Supply Industry," OECD Economics Department Working Papers 238, OECD Publishing.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Anca D. Cristea & Russell Hillberry & Aaditya Mattoo, 2015. "Open Skies over the Middle East," The World Economy, Wiley Blackwell, vol. 38(11), pages 1650-1681, November.
    2. Michael Schmidthaler & Jed Cohen & Johannes Reichl & Stefan Schmidinger, 2015. "The effects of network regulation on electricity supply security: a European analysis," Journal of Regulatory Economics, Springer, vol. 48(3), pages 285-316, December.
    3. Robert Stern, 2005. "The Place of Services in the World Economy," Working Papers 530, Research Seminar in International Economics, University of Michigan.
    4. World Bank, 2009. "Tunisia's Global Integration : A Second Generation of Reforms to Boost Growth and Employment," World Bank Publications, The World Bank, number 6298, January.
    5. Alan V. Deardorff & Robert M. Stern, 2009. "Empirical Analysis of Barriers to International Services Transactions and the Consequences of Liberalization," World Scientific Book Chapters,in: Globalization And International Trade Policies, chapter 15, pages 523-595 World Scientific Publishing Co. Pte. Ltd..
    6. World Bank, 2008. "Tunisia's Global Integration : Second Generation of Reforms to Boost Growth and Employment," World Bank Other Operational Studies 7893, The World Bank.
    7. Zhang, Yahua & Findlay, Christopher, 2014. "Air transport policy and its impacts on passenger traffic and tourist flows," Journal of Air Transport Management, Elsevier, vol. 34(C), pages 42-48.

    More about this item

    Keywords

    regulation - price effects - telecommunications - air transport - airlines - electricity - trade restrictions;

    JEL classification:

    • P - Economic Systems
    • Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics
    • Z - Other Special Topics

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