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The measurement and regulation of cross subsidy. The case of the Scottish water industry

机译:交叉补贴的计量与规定。苏格兰水业的案例

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There is a widespread belief that significant cross subsidies exist in the water, gas and electricity utility industries, particularly those under public ownership. In this paper we discuss the measurement of cross subsidy and its regulatory implications in the context of a publicly owned utility on the verge of being opened up to product market competition. Using the case of the publicly owned Scottish water industry the paper outlines the definition and measurement of cross subsidy in theoretical terms before reviewing the policy debate over the desirability of cross subsidy between different customer groups and services. It then explains the approach to measurement recently adopted by the Scottish Executive. Having established the size and direction of cross subsidy the regulatory implications are considered.
机译:人们普遍认为,水,天然气和电力公用事业,特别是那些属于公有制的公用事业,存在大量的交叉补贴。在本文中,我们讨论了在公共事业即将向产品市场竞争开放的背景下,交叉补贴的度量及其监管含义。本文以苏格兰水务公有制企业为例,从理论上概述了交叉补贴的定义和衡量方法,然后回顾了有关不同客户群体和服务之间是否需要交叉补贴的政策辩论。然后,它解释了苏格兰高管最近采用的衡量方法。确定交叉补贴的规模和方向后,将考虑监管的意义。

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