Working Paper: CEPR ID: DP2133
Authors: Tommaso M. Valletti; Antonio Estache
Abstract: The paper provides policymakers and regulators with an overview of the more relevant theoretical issues related to the pricing of access to ensure that the political debate around practical concerns is solidly grounded. The paper discusses in detail the importance of access pricing in the context of: 1) a liberalized and vertically separated industry, 2) liberalized but vertically integrated industries, 3) unregulated access (private negotiations).
Keywords: access pricing; regulation
JEL Codes: D4; L1; L9
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| access pricing (D49) | market competition (L13) |
| access pricing rules (R48) | economic efficiency (D61) |
| improper access pricing (D49) | market foreclosure (R31) |
| market foreclosure (R31) | market efficiency (G14) |
| failure to design proper access rules (P14) | not maximizing potential gains from restructuring (L21) |
| implementation of Ramsey pricing (D49) | allocative and productive efficiency (D61) |
| regulatory attention (D91) | market performance (G14) |