The timing of tariff structure changes in regulated industries: Evidence from England and Wales
In this paper, we investigate the dynamic evolution of tariffs in telecommunications, gas, airports, electricity and water in England and Wales. We carry out a statistical analysis of the tariffs charged by the companies, which have been subject to a price-cap since privatisation. The period covered...
- Autores:
- Tipo de recurso:
- Fecha de publicación:
- 2002
- Institución:
- Universidad del Rosario
- Repositorio:
- Repositorio EdocUR - U. Rosario
- Idioma:
- eng
- OAI Identifier:
- oai:repository.urosario.edu.co:10336/23340
- Acceso en línea:
- https://doi.org/10.1016/S0954-349X(01)00031-5
https://repository.urosario.edu.co/handle/10336/23340
- Palabra clave:
- Industrial regulation
Service sector
Tariff structure
Utility sector
United kingdom
Competition
England and wales
Privatisation
Structural breaks
Tariffs
Utilities
- Rights
- License
- Abierto (Texto Completo)
| Summary: | In this paper, we investigate the dynamic evolution of tariffs in telecommunications, gas, airports, electricity and water in England and Wales. We carry out a statistical analysis of the tariffs charged by the companies, which have been subject to a price-cap since privatisation. The period covered, between 1976 and 1998, allows us to investigate systematic changes in the tariff structure before and after privatisation. In all the industries, with the exception of gas, we identify changes in the tariff structure immediately before privatisation. Some limited evidence of changes in electricity and gas tariffs before the introduction of competition is also found. © 2002 Elsevier Science B.V. All rights reserved. |
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