Price Regulation in Australia: How Consistent Has It Been?

Robert Breunig, Robert Breunig, Scott Stacey, Jeremy Hornby, Flavio Menezes

    Research output: Contribution to journalArticle

    Abstract

    We assemble a database consisting of 52 regulatory decisions made by seven different regulators across five different industries. We examine how the proportion of firms' revenue requirements that were disallowed by the regulator vary by regulator, industry and time. Despite the differences in the implementation of price regulation across industries and across jurisdictions in Australia, outcomes are surprisingly consistent. For example, we show that it is not possible to reject the hypothesis that the regulatory outcomes in South Australia, New SouthWales, the Australian Capital Territory and Victoria are similar despite the different regulatory approaches undertaken in these jurisdictions.
    Original languageEnglish
    Pages (from-to)67-76
    JournalEconomic Record
    Volume82
    Issue number256
    DOIs
    Publication statusPublished - 2006

    Fingerprint

    Dive into the research topics of 'Price Regulation in Australia: How Consistent Has It Been?'. Together they form a unique fingerprint.

    Cite this