European Business Schools Librarian's Group
IESE Research Papers,
IESE Business School
No D/861: Electricity and telecoms reforms in the EU: Insights from the economics of federalism
Francesc Trillas ()
Additional contact information
Francesc Trillas: IESE Business School, Postal: Research Division, Av Pearson 21, 08034 Barcelona, SPAIN
Abstract: The economics of federalism is a broad discipline with more than five decades of experience. It may shed light on how regulatory jurisdiction is allocated in EU electricity and telecommunications markets. Specifically, this paper assesses the evolution of reform up to and including the third EU packages, which continue the liberalization and integration process in these markets. Liberalization has been accompanied by gradual harmonization of national markets to overcome resistance to competitive forces. Less steps than necessary have been undertaken to promote market integration; yet, positive and normative reasons remain for the participation of national or even regional/local powers. Vertical institutional cooperation will remain a necessary condition for a sound regulatory framework, but cooperation may sometimes be inhibited by distributive considerations.
Keywords: federalism; regulation; electricity; telecommunications
JEL-codes: H77; K23; L50; L94; L96; L97
27 pages, May 7, 2010
Full text files
DI-0861-E.pdf
Questions (including download problems) about the papers in this series should be directed to Noelia Romero ()
Report other problems with accessing this service to Sune Karlsson ().
This page generated on 2024-02-05 15:47:29.