The unsustainable costs of partial deregulation:
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
New Haven [Conn.]
Yale University Press
©2007
|
| Subjects: | |
| Online Access: | Volltext |
| Item Description: | Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002 Includes bibliographical references (p. 165-171) and index Introduction to network technology and market structure -- The regulation of networks -- Electric and gas network performance and partial deregulation -- The strategic response of Pacific Gas and Electric Corporation to partial deregulation during the California power crisis -- The long distance telephone networks and partial deregulation -- The singular result of partial deregulation and what can be done Three decades ago, federal policymakers - Republicans and Democrats - embarked on a general strategy of deregulation. In the electricity, gas delivery, and telecommunications industries, the strategy called for restructuring to separate production from transmission and distribution, followed by elimination of price controls. The expected results were lower prices and increased quality, reliability, and scope of services. Paul MacAvoy, an economist with forty years of experience in the regulatory field, here assesses the results and concludes that deregulation has failed to achieve any of these goals in any of these industries. MacAvoy shows that we now have only partial deregulation, a mixture of oligopoly structure with direct price control. He explores why this system leads to volatile and high prices, reduced investment, and low profitability, and what policy actions can be implemented to address these problems |
| Physical Description: | 1 Online-Ressource (xvii, 181 pages) |
| ISBN: | 9780300137750 0300137753 9780300121285 0300121288 1281735205 9781281735201 |
Staff View
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| spelling | MacAvoy, Paul W. Verfasser aut The unsustainable costs of partial deregulation Paul W. MacAvoy New Haven [Conn.] Yale University Press ©2007 1 Online-Ressource (xvii, 181 pages) txt rdacontent c rdamedia cr rdacarrier Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002 Includes bibliographical references (p. 165-171) and index Introduction to network technology and market structure -- The regulation of networks -- Electric and gas network performance and partial deregulation -- The strategic response of Pacific Gas and Electric Corporation to partial deregulation during the California power crisis -- The long distance telephone networks and partial deregulation -- The singular result of partial deregulation and what can be done Three decades ago, federal policymakers - Republicans and Democrats - embarked on a general strategy of deregulation. In the electricity, gas delivery, and telecommunications industries, the strategy called for restructuring to separate production from transmission and distribution, followed by elimination of price controls. The expected results were lower prices and increased quality, reliability, and scope of services. Paul MacAvoy, an economist with forty years of experience in the regulatory field, here assesses the results and concludes that deregulation has failed to achieve any of these goals in any of these industries. MacAvoy shows that we now have only partial deregulation, a mixture of oligopoly structure with direct price control. He explores why this system leads to volatile and high prices, reduced investment, and low profitability, and what policy actions can be implemented to address these problems BUSINESS & ECONOMICS / Industries / General bisacsh BUSINESS & ECONOMICS / General bisacsh Public utilities / Deregulation fast Versorgungswirtschaft swd Versorgungsnetz swd Deregulierung swd Industrie Wirtschaft Public utilities Deregulation United States Deregulierung (DE-588)4201191-7 gnd rswk-swf Versorgungsnetz (DE-588)4261694-3 gnd rswk-swf Versorgungswirtschaft (DE-588)4063229-5 gnd rswk-swf USA USA (DE-588)4078704-7 gnd rswk-swf USA (DE-588)4078704-7 g Versorgungswirtschaft (DE-588)4063229-5 s Versorgungsnetz (DE-588)4261694-3 s Deregulierung (DE-588)4201191-7 s 1\p DE-604 http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=204427 Aggregator Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | MacAvoy, Paul W. The unsustainable costs of partial deregulation BUSINESS & ECONOMICS / Industries / General bisacsh BUSINESS & ECONOMICS / General bisacsh Public utilities / Deregulation fast Versorgungswirtschaft swd Versorgungsnetz swd Deregulierung swd Industrie Wirtschaft Public utilities Deregulation United States Deregulierung (DE-588)4201191-7 gnd Versorgungsnetz (DE-588)4261694-3 gnd Versorgungswirtschaft (DE-588)4063229-5 gnd |
| subject_GND | (DE-588)4201191-7 (DE-588)4261694-3 (DE-588)4063229-5 (DE-588)4078704-7 |
| title | The unsustainable costs of partial deregulation |
| title_auth | The unsustainable costs of partial deregulation |
| title_exact_search | The unsustainable costs of partial deregulation |
| title_full | The unsustainable costs of partial deregulation Paul W. MacAvoy |
| title_fullStr | The unsustainable costs of partial deregulation Paul W. MacAvoy |
| title_full_unstemmed | The unsustainable costs of partial deregulation Paul W. MacAvoy |
| title_short | The unsustainable costs of partial deregulation |
| title_sort | the unsustainable costs of partial deregulation |
| topic | BUSINESS & ECONOMICS / Industries / General bisacsh BUSINESS & ECONOMICS / General bisacsh Public utilities / Deregulation fast Versorgungswirtschaft swd Versorgungsnetz swd Deregulierung swd Industrie Wirtschaft Public utilities Deregulation United States Deregulierung (DE-588)4201191-7 gnd Versorgungsnetz (DE-588)4261694-3 gnd Versorgungswirtschaft (DE-588)4063229-5 gnd |
| topic_facet | BUSINESS & ECONOMICS / Industries / General BUSINESS & ECONOMICS / General Public utilities / Deregulation Versorgungswirtschaft Versorgungsnetz Deregulierung Industrie Wirtschaft Public utilities Deregulation United States USA |
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