Armstrong, M. and Sappington, D. (2005) Regulation, competition, and liberalization. (ELSE Working Papers 177). ESRC Centre for Economic Learning and Social Evolution: London, UK.
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Abstract
In many countries throughout the world, regulators are struggling to determine whether and how to introduce competition into regulated industries. This essay examines the complexities involved in the liberalization process. While stressing the importance of case-specific analyses, this essay distinguishes liberalization policies that generally are pro-competitive from corresponding anti-competitive liberalization policies.
| Type: | Working / discussion paper |
|---|---|
| Title: | Regulation, competition, and liberalization |
| Open access status: | An open access version is available from UCL Discovery |
| Publisher version: | http://else.econ.ucl.ac.uk/newweb/papers.php#2005 |
| Language: | English |
| Additional information: | See http://eprints.ucl.ac.uk/12670/ for a version published in the Journal of Economic Literature |
| UCL classification: | UCL > School of Arts and Social Sciences > Faculty of Social and Historical Sciences > Economics |
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