Some authors claim that the rise of the regulatory State has confined public utilities regulation to the maximisation of economic efficiency. Other scholars contend that concerns for social goals have persistently come along with economic goals in liberalised utilities regulation. A third position tries to override the conflict by positing that we are witnessing the rise of a «second wave» regulatory State, showing an increasing focus for market distorting and pro-societal regulation rather than market making and efficiency maximization. This paper adds to the empirical work against which these claims can be assessed using the case study of Italian electricity liberalisation.
Regolazioni di «prima» e «seconda» generazione.La liberalizzazione del mercato elettrico italiano
DI PORTO, Fabiana
2003-01-01
Abstract
Some authors claim that the rise of the regulatory State has confined public utilities regulation to the maximisation of economic efficiency. Other scholars contend that concerns for social goals have persistently come along with economic goals in liberalised utilities regulation. A third position tries to override the conflict by positing that we are witnessing the rise of a «second wave» regulatory State, showing an increasing focus for market distorting and pro-societal regulation rather than market making and efficiency maximization. This paper adds to the empirical work against which these claims can be assessed using the case study of Italian electricity liberalisation.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
