A Fair Price for Energy? Ownership versus Market Opening in the EU15

Carlo Fiorio () and Massimo Florio

No 3124, CESifo Working Paper Series from CESifo

Abstract: In the past two decades privatisation and liberalisation of network industries providing services of general economic interest (SGEI), have been particularly significant in the European Union. Wide variations around a common policy trend can, however, be observed across countries and sectors. We focus on electricity and gas sectors because energy sectors have usually been profit makers, not affected by direct government transfers, in contrast to other SGEI. We study the effects of privatisation and other reforms on consumer prices using both subjective data on consumers’ perception of utility prices and data on average prices paid.

Keywords: privatisation; electricity; gas; reforms (search for similar items in EconPapers)
JEL-codes: L33 L94 L95 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_3124

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