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Regulatory Quality and Performance in EU Network Industries: Evidence on Telecommunications, Gas and Electricity

机译:欧盟网络行业的监管质量和绩效:有关电信,天然气和电力的证据

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摘要

This article provides empirical evidence on ex ante and ex post indicators of regulatory quality and the relationship between those indicators and market performance in liberalised EU-15 network industries. It finds a low level of regulatory independence and competence, a high level of cross-country variations in regulatory quality, and widespread absence of correlation between ex ante regulatory quality and ex post performance indicators. On the basis of these findings, it suggests that the design of national regulatory agencies (NRAs) in Europe is not optimal and may be conducive to regulatory ineffectiveness or outright regulatory failure. Nevertheless, the existence and strengthening of EU-level regulators could enable EU member states to reduce the risk of regulatory failure by encouraging coordination and adoption of best practice.
机译:本文提供了有关监管质量的事前和事后指标以及这些指标与开放的EU-15网络行业的市场绩效之间关系的经验证据。它发现监管独立性和能力水平低,跨国监管质量差异很大,事前监管质量与事后绩效指标之间普遍缺乏相关性。根据这些发现,它表明欧洲国家监管机构(NRA)的设计不是最佳的,可能有助于监管无效或彻底的监管失败。然而,欧盟一级监管机构的存在和加强可以通过鼓励协调和采用最佳实践,使欧盟成员国降低监管失败的风险。

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