Liberalization and Regulation of Network Utilities

David M Newbery

Chapter 1 in Contemporary Economic Issues, 1999, pp 3-29 from Palgrave Macmillan

Abstract: Abstract Network utilities are public utilities which require a fixed network to deliver their services, and include gas, electricity, water, rail and fixed link telephony. These networks are durable, capital-intensive, and, with the possible exception of rail, serve mass markets and provide essential services. As a consequence these networks must be regulated if privately owned, but are often publicly owned, either by political preference, or by default because private investors lack confidence in the stability of regulation to supply the services at an acceptable price.

Keywords: Network Utility; Public Ownership; Natural Monopoly; Access Charge; Federal Energy Regulatory Commission (search for similar items in EconPapers)
Date: 1999
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-14540-9_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349145409

DOI: 10.1007/978-1-349-14540-9_1

Access Statistics for this chapter

More chapters in International Economic Association Series from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().