The Regulation of Transborder Network Services
Per Agrell () and
No 2004-38, Working Papers from Center for Research in Economics and Statistics
Integration and reinforcement of network infrastructure for transport, energy and water is akey component in the European policy framework for market competitiveness. However, inspite of considerable analysis and community co-funding since 1995, actual implementationprogress for the 90 priority projects in the Transeuropean Energy Networks programme hasbeen meager. The estimated network investment need of 40,000 M euro (2003-2013) ischallenging the current heterogenous institutional mix of European network operators,regulators and the role of the commission. This paper presents an analytic framework for thenetwork investment problem under decentralized control in both regulation, infrastructureownership and management. Our results on the underinvestment problem from regulatorycompetition and non-coordination provide insights into the policy relevant topic of commoninfrastructure investment under varying budget balancing constraints and managementobjectives. From an economic policy viewpoint, the paper is tangential to the more generaldiscussion on regulatory centralization vs. subsidiarity in the European Union.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
http://crest.science/RePEc/wpstorage/2004-38.pdf Crest working paper version (application/pdf)
Working Paper: The régulation of transborder network services (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:crs:wpaper:2004-38
Access Statistics for this paper
More papers in Working Papers from Center for Research in Economics and Statistics Contact information at EDIRC.
Bibliographic data for series maintained by Sri Srikandan ().