IAEE Members and subscribers to The Energy Journal: Please log in to access the full text article or receive discounted pricing for this article.

EU Gas Industry Reforms and Consumers' Prices

Abstract:
This paper offers an empirical analysis of the impact of reforms in the natural gas industry on consumer prices across the EU-15 area. After briefly reviewing the most recent reforms, we study the relationship between regulatory indicators and price dynamics by means of panel data econometrics. Our findings suggest that so far there is limited evidence of beneficial effects for European consumers from the standard package of gas industry reforms.

Purchase ( $25 )

Energy Specializations: Natural Gas – Markets and Prices; Natural Gas – Policy and Regulation

JEL Codes: Q41: Energy: Demand and Supply; Prices, Q40: Energy: General, L11: Production, Pricing, and Market Structure; Size Distribution of Firms, D40: Market Structure, Pricing, and Design: General, D47: Market Design

Keywords: Natural gas industry, privatization, liberalization, regulatory reform

DOI: 10.5547/ISSN0195-6574-EJ-Vol31-No4-8

References: Reference information is available for this article. Join IAEE, log in, or purchase the article to view reference data.

Published in Volume 31, Number 4 of the bi-monthly journal of the IAEE's Energy Economics Education Foundation.

 

© 2024 International Association for Energy Economics | Privacy Policy | Return Policy