Does privatization matter? Liberalization and regulation : the case of European electricity
By: GENOUD, Christophe
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Contributor(s): VARONE, Frédéric.
Material type: 
ArticlePublisher: UK : Taylor & Francis , jun. 2002Public Management Review 4, 2, p. 231-256Abstract: Traditional hypotheses on privatization are often unable to explain the current developments in the sectors of network industries such as electricity, telecomunications, railways and postal services. Through the bulding of an approach focused on the re-regulation issues in the electricity sector in Europe this article contributes to a first exploratory study of privatization and the constrution of complementary hypotheses on the necessity to privatize or not State Owned Enterprises in liberalized contexts. The empirical study of Norway, France, England and Wales, Germany and Switzerland elestricity liberalization shows that institutional diversity is important in terms of regulatory institutions design. Although privatization does not appear to be the logical consequence of liberatization the existence of State Owned Enterprises does however represent one of the crucial issues of the regulatory framework design process of liberalized network industries sectors
Traditional hypotheses on privatization are often unable to explain the current developments in the sectors of network industries such as electricity, telecomunications, railways and postal services. Through the bulding of an approach focused on the re-regulation issues in the electricity sector in Europe this article contributes to a first exploratory study of privatization and the constrution of complementary hypotheses on the necessity to privatize or not State Owned Enterprises in liberalized contexts. The empirical study of Norway, France, England and Wales, Germany and Switzerland elestricity liberalization shows that institutional diversity is important in terms of regulatory institutions design. Although privatization does not appear to be the logical consequence of liberatization the existence of State Owned Enterprises does however represent one of the crucial issues of the regulatory framework design process of liberalized network industries sectors
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