Regulatory Quality and Performance in EU Network Industries

Evidence on Telecommunications, Gas and Electricity

Bibliographic Data

ID6296168
AuthorsMehmet Ugur (0000-0003-3891-3641, University of Greenwich, corresponding author)
Year2009
Volume29
Issue3
Pages347-370
Publication date2009-12-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Public Policy (JOURNAL)
Journal identifiersISSN: 0143-814X • E-ISSN: 1469-7815
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0143814x09990109
OpenAlexW2106270841
LanguageEN
Citations received2
References cited16

This article provides empirical evidence onex anteandex postindicators of regulatory quality and the relationship between those indicators and market performance in liberalised EU-15 network industries. It finds a low level of regulatory independence and competence, a high level of cross-country variations in regulatory quality, and widespread absence of correlation betweenex anteregulatory quality andex postperformance indicators. On the basis of these findings, it suggests that the design of national regulatory agencies (NRAs) in Europe is not optimal and may be conducive to regulatory ineffectiveness or outright regulatory failure. Nevertheless, the existence and strengthening of EU-level regulators could enable EU member states to reduce the risk of regulatory failure by encouraging coordination and adoption of best practice

Business · Competence (human resources · Economics · Electricity · Empirical evidence · European union · Ex-ante · Industrial organization · International trade · Macroeconomics · Market economy · Member states · Public economics · Quality (philosophy · Regulatory reform · EU Law and Policy Analysis · Global Financial Regulation and Crises · Political Influence and Corporate Strategies

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