EU Gas Industry Reforms and Consumers’ Prices

TitleEU Gas Industry Reforms and Consumers’ Prices
Publication TypeJournal Article
Year of Publication2010
AuthorsBrau, R, Doronzo, R, Florio, M
JournalThe Energy Journal

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.

Keywordsliberalization, natural gas industry, privatization, regulatory reform