Gas industry reforms and consumers' prices in the European Union

Massimo Florio, Rinaldo Brau () and Raffaele Doronzo
Authors registered in the RePEc Author Service: Carlo V. Fiorio ()

Working Paper CRENoS from Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia

Abstract: This paper offers an empirical analysis of the impact of reforms in the natural gas industry on consumer prices across the EU-15 area. After briefly reviewing the most recent reforms, we study the relationship between regulatory indicators and price dynamics by means of panel data econometrics. Our findings suggest that so far there is limited evidence of beneficial effects for European consumers from the standard package of gas industry reforms.

Keywords: privatization; liberalization; regulatory reform; natural gas industry (search for similar items in EconPapers)
JEL-codes: L32 L33 L95 (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-com, nep-eec, nep-ene, nep-mkt and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:cns:cnscwp:200816

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