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Efficiency of regulation in slovak natural gas industry

Peter Silanic () and Alzbeta Siskovicova
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Peter Silanic: Department of Economic Policy, University of Economics in Bratislava

No 10, EAPG Working Paper Series from Department of Economic Policy, Faculty of National Economy, University of Economics in Bratislava

Abstract: The paper is focused on the questions of regulation and natural monopolies. We intend to explain basic problems in this area of study, address different methods of regulation and describe their advantages and disadvantages. Furthermore the paper will focus on the sector of the Slovak economy which is subject to this form of regulation – the gas industry. We will explain the method of regulation used in this industry and describe its vertical structure and the development of different levels of the vertical chain. The final chapter will attempt to evaluate the effectiveness of the functioning of the regulation in the gas sector in Slovakia.

Keywords: regulation; efficiency; natural monopolies; gas industry (search for similar items in EconPapers)
JEL-codes: L51 L52 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2014-12-28
New Economics Papers: this item is included in nep-ene and nep-ind
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