Consistent regulation of infrastructure businesses: some economic issues

Menezes, Flavio M. (2008). Consistent regulation of infrastructure businesses: some economic issues. 372, School of Economics, University of Queensland.

Author Menezes, Flavio M.
Title Consistent regulation of infrastructure businesses: some economic issues
School, Department or Centre School of Economics
Institution University of Queensland
Report Number 372
Publication date 2008
Language eng
Abstract/Summary This paper examines some important economic aspects associated with the notion that consistency in the regulation of infrastructure businesses is a desirable feature. It makes two important points. First, it is not easy to measure consistency. In particular, one cannot simply point to different regulatory parameters as evidence of inconsistent regulatory policy. Second, even if one does observe consistency emerging from decisions made by different regulators, it does not necessarily mean that this consistency is desirable. It might be the result, at least partially, of career concerns of regulators.
Additional Notes http://www.uq.edu.au/economics/abstract/372.pdf

Document type: Working Paper
Collection: School of Economics Publications
 
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Created: Fri, 27 Feb 2015, 14:30:20 EST by Tammy Crealy on behalf of School of Economics