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A Political Economy Approach to the E uropean U nion Gas Model

Continuities and Changes

Bibliographic Data

ID10071016
AuthorsRafael Fernandez (0000-0001-5711-5317, Department of Applied Economics Complutense University of Madrid), Rafael Fernández Sánchez (0000-0003-0602-4233, Universidad Complutense de Madrid), Enrique Palazuelos (0000-0002-0412-8672, Department of Applied Economics Complutense University of Madrid)
Year2014
Volume52
Issue3
Pages495-511
Publication date2014-01-06
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJCMS Journal of Common Market Studies (JOURNAL)
Journal identifiersISSN: 0021-9886 • E-ISSN: 1468-5965
PublisherWiley (PUBLISHER • GB)
DOI10.1111/jcms.12113
OpenAlexW1494051312
LanguageEN
Citations received1
References cited10

The E uropean U nion gas model worked steadily for nearly four decades: since the time that gas first emerged as an important resource in E uropean energy demand. However, since the late 1990s this stability has been disrupted by a number of factors. The EU reform agenda has been the most important of these. Following a structural‐conduct‐performance plan, the E uropean C ommission has forced changes on players, scenarios and exchange mechanisms through legislative action in order to build a new energy model based on those operating in the U nited S tates and the U nited K ingdom. The main point of this article is that despite these actions, many features of the traditional model have been modified but not removed, and many changes have not brought the results initially expected. These results are mainly due to the fact that the power relations among the main players of the pre‐reform model are still in place

Economics · Economy · Order (exchange · Political science · Finance · Global Energy Security and Policy · Regional Development and Policy · State Capitalism and Financial Governance

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  • State, market, and global political economy

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Unique citing works1
Citations per year0,1
Citation span2016 - 2016 (1)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 1

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