The Limits of (De)regulation
- European Conference of Ministers of Transport
03 Jan 2006
; 9789282123454 (print)
While deregulation and privatisation in the transport sector have led to increases in productivity in general, not all reform hopes have materialised. In particular, the reform of the provision of infrastructure services has not caused the expected mobilisation of private resources, and concession relations have been less stable and less efficiency-enhancing than expected. In view of current discussions of reform results, the Round Table focused on the following issues:
- What are the limits for deregulation?
- Which are the crucial factors that necessitate regulation?
- What is the role of the transaction costs of regulation?
- What is the cost of regulation?
Delimiting Regulatory Needs by G. Knieps, Germany
2. Theory of monopolistic bottlenecks
3. Competition potential on the markets for transport services
4. Competitive potential of traffic control systems
5. Regulation of access to transport infrastructure
6. Current reform of access to European airports
7. Reform of access to the European rail network
Transport Infrastructure Deregulation and Public-Private Partnership by A. Estache and T. Serebrisky, United States
2. How big is the role for the private sector in transport infrastructure?
3. Forms of private sector participation in transport
4. Have transport de-regulation and residual regulation been effective?
5. Towards a re-regulation of the sector?
Yardstick Competition for Transport Infrastructure Services by D. Bouf and J. Leveque, France
1. Brief overview of the regulation problem
2. Survey of the main theoretical approaches
3. Applications of yardstick competition to utilities regulation
4. Yardstick competition in infrastructure provision
5. Summary and conclusions
Annex: Auriol’s Model
The Regulation of Transport Services and Infrastructure: Theoretical and Policy Issues by M. Ponti, Italy
1. A few theoretical assumptions
2. The scope of traditional planning in the transport sector
3. The scope of market competition
4. The scope of public regulation
5. Impact of proper regulation on overall transport policy
6. A few first-hand Italian cases of regulatory start-ups
7. Concluding remarks
SUMMARY OF DISCUSSIONS
-Round Table debate on reports
LIST OF PARTICIPANTS