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The impact of regulatory change on EU energy utility returns: the three liberalization packages

Abstract:

The European Union’s (EU) energy sector is changing due to major policy reforms. In this article, we examine the impact of major legislative changes which were designed to induce competition in the energy sector: the three liberalization packages. Competition was expected to benefit the industry by phasing out inefficient firms. EU citizens were also expected to benefit as competition was likely to promote a more efficient energy sector and more consumer choice of energy products and services...

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Publication status:
Published
Peer review status:
Peer reviewed
Version:
Accepted Manuscript

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Publisher copy:
10.1080/00036846.2017.1346366

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Department:
Oxford, SSD, SOGE, Smith School
Role:
Author
Publisher:
Routledge Publisher's website
Journal:
Applied Economics Journal website
Volume:
50
Issue:
9
Pages:
957-972
Publication date:
2017-07-09
Acceptance date:
2017-06-20
DOI:
EISSN:
1466-4283
ISSN:
0003-6846
Pubs id:
pubs:726189
URN:
uri:3a225bef-fdf5-4b89-b693-56a66419ce4e
UUID:
uuid:3a225bef-fdf5-4b89-b693-56a66419ce4e
Local pid:
pubs:726189
Paper number:
9

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