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Price Effects of Regulation: International Air Passenger Transport, Telecommunications and Electricity Supply

Staff Research Paper

Price Effects of Regulation: International Air Passenger Transport, Telecommunications and Electricity Supply by Samantha Doove, Owen Gabbitas, Duc Nguyen-Hong and Joe Owen was released on 16 October 2001, in conjunction with the staff research paper, Global Gains from Liberalising Trade in Telecommunications and Financial Services. This study represents an early attempt to quantify domestic regulatory regimes in international air passenger transport, telecommunications and electricity supply. In particular, it attempts to estimate the extent to which regulations in these service industries have raised prices. It does so by extending recent research undertaken by the Organisation for Economic Co-operation and Development (OECD) into the effects of domestic regulation in these industries. It uses the OECD’s analytical results to derive regulatory tax equivalents — an overall measure of the effect of domestic regulatory regimes on prices in each service sector. And it extends this measurement beyond OECD countries. Also see:

CONTENTS

Preliminaries
Cover, Copyright, Contents, Preface, Acknowledgments, Abbreviations and explanations, Overview

1 Introduction

2 International air passenger transport
2.1 Current regulatory arrangements
2.2 Measuring restrictions
2.3 Price impacts

3 Telecommunications
3.1 Reform in the telecommunications industry
3.2 OECD modelling of the impact of regulations
3.3 The impact of regulation on telecommunication prices
3.4 Results
3.5 Conclusion

4 Electricity supply
4.1 Regulatory reform in the electricity industry
4.2 OECD modelling of the impact of regulations
4.3 Extending the economy coverage
4.4 Calculating the price impact of electricity regulation
4.5 The impact of regulation on electricity prices
4.6 Conclusion

References

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ISBN:1 74037 052 X
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