EconPapers    
Economics at your fingertips  
 

Evaluating regulatory reform of network industries: a survey of empirical models based on categorical proxies

Andrea Bastianin (), Paolo Castelnovo and Massimo Florio ()

Papers from arXiv.org

Abstract: Proxies for regulatory reforms based on categorical variables are increasingly used in empirical evaluation models. We surveyed 63 studies that rely on such indices to analyze the effects of entry liberalization, privatization, unbundling, and independent regulation of the electricity, natural gas, and telecommunications sectors. We highlight methodological issues related to the use of these proxies. Next, taking stock of the literature, we provide practical advice for the design of the empirical strategy and discuss the selection of control and instrumental variables to attenuate endogeneity problems undermining identification of the effects of regulatory reforms.

New Economics Papers: this item is included in nep-ene and nep-reg
Date: 2018-10
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://arxiv.org/pdf/1810.03348 Latest version (application/pdf)

Related works:
Journal Article: Evaluating regulatory reform of network industries: a survey of empirical models based on categorical proxies (2018) Downloads
Working Paper: The Empirics of Regulatory Reforms Proxied by Categorical Variables: Recent Findings and Methodological Issues (2017) Downloads
Working Paper: The empirics of regulatory reforms proxied by categorical variables: recent findings and methodological issues (2017) Downloads
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:arx:papers:1810.03348

Access Statistics for this paper

More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().

 
Page updated 2019-05-03
Handle: RePEc:arx:papers:1810.03348