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International Handbook of Network Industries

The Liberalization of Infrastructure Edited by Matthias Finger, Professor, Management of Network Industries, Ecole Polytechnique Fédérale Lausanne, Switzerland and Rolf W. Künneke, Faculty of Technology, Policy and Management, Delft University of Technology, the Netherlands
This extensive, state-of-the-art Handbook provides a comprehensive overview of the various experiences of liberalization across different sectors, regions and disciplines.
Extent: 544 pp
Hardback Price: £160.00 Web: £144.00
Publication Date: 2011
ISBN: 978 1 84720 642 8
Availability: In Stock

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  • Economics and Finance
  • Economic Regulation and Governance
  • Energy Economics
  • Institutional Economics
  • Public Sector Economics
In recent decades, all infrastructures have undergone significant restructuring. This worldwide phenomenon is often labelled ‘liberalization’ and although expectations were high with respect to lower prices, greater efficiency and innovation, the expected gains have not always been fully realized. This extensive, state-of-the-art Handbook provides a comprehensive overview of the various experiences of liberalization across different sectors, regions and disciplines.

The multidisciplinary approach focuses on the economic, political and institutional aspects of liberalization as well as, to a lesser extent, on technological issues. As such, it constitutes a unique contribution, as this broad overview is often lost in the sector-specific, country-focused and purely disciplinary approaches prevalent in the current literature. Sectors explored include telecoms, the Internet, energy and transport, while the truly global perspective incorporates unique case studies from an array of developed and developing countries including the US, China, India and the EU.

The International Handbook of Network Industries will become the definitive volume for academics, researchers and students of economics, political science and law interested in infrastructure regulation. It will also prove a valuable guide to practitioners and policy-makers involved in liberalization and competition.
‘To learn about how economic and institutional forces have shaped the network industries and policies towards them, read the first part of the book. To discover their impacts on particular industries, read the second part. And to find out what has happened in particular countries, read the third part. I think anyone interested in network industries should read all of it! The book’s structure allows for many interesting comparisons across countries and sectors.’
– Richard Green, University of Birmingham, UK

‘This is a very useful and comprehensive guide to reforms in network industries in communications, energy, transport and water. It is organized by generic topic, sector and region. Its authors are acknowledged experts. I am confident that this Handbook will be a widely read and valuable resource for many years.’
– Martin Cave, London School of Economics, UK

‘Quite an accomplishment, this Handbook provides by far the most comprehensive overview of the role of the private sector and competition in infrastructure industries, with thoughtful surveys of each of the major infrastructure sectors and of the key regions and countries.’
– José Gómez-Ibáñez, Harvard University, US
Contributors: M.J. Arentsen, D. Chung, A. Correljé, M.A. Crew, H. Engerer, C. Figueira, M. Finger, D. Finon, J.-M. Glachant, M. Gonzalez, J. Groenewegen, S.V. Gudmundsson, S. Hasan, D.A. Hensher, C. Jaag, M.A. Jamison, P.R. Kleindorfer, R. Künneke, P.-L. Lam, M. Laperrouza, W. Lemstra, G. Madden, W.H. Melody, C. Ménard, R. Millward, M.A. Montoya, A. Morey, M.L. Mueller, D. Parker, A. Peeroo, Y. Perez, J. Petchey, A. Shiu, P.T. Spiller, L. Srivastava, J. Stanley, F. Trillas, U. Trinkner, L. Trujillo, L. van Geuns

1. Introduction
Matthias Finger and Rolf Künneke

2. Basic Economic Principles of Infrastructure Liberalization: A Transaction Cost Perspective
Pablo T. Spiller

3. A General Framework for Regulation and Liberalization in Network Industries
Christian Jaag and Urs Trinkner

4. From ‘Service Public’ to Universal Service: The Case of the European Union
Matthias Finger and Dominique Finon

5. Evolution and Design of Institutions Supporting Liberalization
John Groenewegen

6. The Institutional Economic History of Infrastructure Industries, 1830–1990: Ideology, Technology, Geopolitics?
Robert Millward

7. Liberalization in the Telecom Sector
William H. Melody

8. Liberalization in Radio Spectrum Management
William H. Melody and Wolter Lemstra

9. Liberalization and the Internet
Milton L. Mueller and Wolter Lemstra

10. The Liberalization of Electricity Markets
Jean-Michel Glachant and Yannick Perez

11. Trends in Gas
Maarten J. Arentsen

12. The Oil Industry: A Dynamic Patchwork of Approaches?
Aad Correljé and Lucia van Geuns

13. Reforming Railways
Marc Laperrouza

14. Liberalization of Air Transport
Sveinn Vidar Gudmundsson

15. Road Infrastructure and Institutional Reform: Tolling and Pricing
David A. Hensher and Demi Chung

16. Public Transport Liberalization: Achievements and Future Directions
John Stanley

17. Maritime Ports
Lourdes Trujillo and Marianela Gonzalez

18. Liberalization in the Water Sector: Three Leading Models
Claude Ménard and Aleksandra Peeroo

19. Liberalization in the Postal and Delivery Sector
Michael A. Crew and Paul R. Kleindorfer

20. Liberalization of Network Industries in the European Union: Evolving Policy Issues
Matthias Finger and Marc Laperrouza

21. Liberalization and Regulation of Telecoms, Electricity, and Gas in the United States
Mark A. Jamison

22. The Liberalization of Infrastructures in Latin America
Francesc Trillas and Miguel A. Montoya

23. Reform of China’s Energy and Telecommunications Sectors
Pun-Lee Lam and Alice Shiu

24. Infrastructure Reforms in India: An Analysis of Successes and Failures
Leena Srivastava and Shahid Hasan

25. Liberalization of Infrastructures in Russia
Hella Engerer

26. Recent Australian Infrastructure Liberalization
Gary Madden, Jeffrey Petchey and Aaron Morey

27. Infrastructure Liberalization: Challenges to the New Economic Paradigm in the Context of Developing Countries
Catarina Figueira and David Parker