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.
EU gas industry reforms and consumers’ prices / R. Brau, R. Doronzo, C. Fiorio, M. Florio. - In: THE ENERGY JOURNAL. - ISSN 0195-6574. - 31:4(2010), pp. 163-179.
EU gas industry reforms and consumers’ prices
C. FiorioPenultimo
;M. FlorioUltimo
2010
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.File in questo prodotto:
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