Competition in Regulated Industries by Dieter Helm

Competition in Regulated Industries by Dieter Helm

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Summary

The UK has pioneered the introduction of competition into service industries. The radical policy innovations have been controversial. This volume looks at the lessons which have emerged from the UK so far, and considers the implications for future policy in the UK and for other countries following its precedent.

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Competition in Regulated Industries by Dieter Helm

The UK has pioneered the introduction of competition into previously monopolistic utility industries. Competition has been introduced progressively, starting with British Telecom, and continuing with the gas and electricity industries, where it is to be completed during 1998. In water, competition has so far been restricted to new developments, and it is said that it will be phased in once the initial franchises expire. These radical policy innovations have been controversial, and raise significant generic problems concerned with market design, regulation, corporate strategy and income distribution. The lessons from the UK provide an essential input into liberalization throughout the world, as well as helping to shape the transitional arrangements already in place in the UK. This volume aims to provide an analysis of the issues. The common themes are drawn together in the introduction. The volume is aimed at utilities, politicians, regulators, academics, policy advisors, and international organizations.

Dieter Helm is Professor of Energy Policy at the University of Oxford and a Fellow of New College. He holds a number of advisory board appointments, including Chairman of the Academic Panel of the Department of Environment, Food and Rural Affairs and member of the Advisory Panel on Energy and
Climate Security, Department for Energy and Climate Change. He was a member of the DTI Sustainable Energy Policy Advisory Board 2002-7 and of the Prime Minister's Council of Science and Technology 2004-7. He is an associate editor of the Oxford Review of Economic Policy. Dieter Helm's career to date
has spanned academia, public policy, and business. He founded Oxera in 1982 and has published extensively on environmental, energy, infrastructure, and regulation topics.
Dr Cameron Hepburn is a Senior Research Fellow at Oxford University's new Smith School of Enterprise and the Environment. He has advised several governments and international institutions on climate and environmental policy, and he currently serves on UK Defra's Academic Panel. He is an Associate
Editor of the Oxford Review of Economic Policy, a Research Fellow at New College, Oxford, and he has over a decade's experience working on environmental issues and climate change, with a particular focus on emissions trading and carbon markets. He holds a DPhil (PhD) in economics from Oxford, and
undergraduate degrees in law and engineering from the University of Melbourne.
SKU Unavailable
ISBN 13 9780198292531
ISBN 10 0198292538
Title Competition in Regulated Industries
Author Dieter Helm
Condition Unavailable
Binding Type Hardback
Publisher Oxford University Press
Year published 1998-03-01
Number of pages 294
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.