La riforma della distribuzione gas in Italia: implicazioni patrimoniali, finanziarie e di regulation

Roberto Fazioli ()

No 2014093, Working Papers from University of Ferrara, Department of Economics

Abstract: The effects of a complex liberalisation process in local gas distribution are examined in this paper. The aim of this analysis is to emphasise the multidimensional aspects of such a reform in gas market regulation at local level. First of all, Local Public Finance will bear strong losses due to minimisation of local public networks' remuneration and as a consequences of potential losses in local public small/medium firms. Also effective competition will be very feeble, due to strong financial barriers to entry the market. An oligopolistic scenario is probable, if not almost sure, for Gas Distribution Industry in the next few years, as the announced reform will be implemented without any correction in Public Regulation.

Keywords: liberalisation; asset management; public infrastructures; energy distribution; public local finance; redistributive effects (search for similar items in EconPapers)
JEL-codes: H54 K23 L43 L95 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2014-06-15
New Economics Papers: this item is included in nep-ene and nep-reg
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Persistent link: https://EconPapers.repec.org/RePEc:udf:wpaper:2014093

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