Gas industry reforms and consumers' prices in the European Union

TitleGas industry reforms and consumers' prices in the European Union
Publication TypeWorking Paper
Year of Publication2008
AuthorsR. Brau, R. Doronzo, M. Florio
Number2008_16
Keywordsliberalization, natural gas industry, privatization, regulatory reform
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.

Citation Key1324
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