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PL EN


2014 | 3/1 | 291-299

Article title

Efektywność ekonomiczna regulacji sektorowej cen na rynku energii elektrycznej w Polsce

Authors

Content

Title variants

EN
Economic Efficiency of Sectoral Regulation of Prices on the Electricity Market in Poland

Languages of publication

PL EN

Abstracts

EN
In this paper the main attention was focused on the analysis of the effectiveness of economic regulation of prices on the electricity market in Poland. As an efficiency criterion the Kaldor-Hicks approach was adopted. It analyzed the scale of the reduction of price expectations of incumbents trading enterprises and were compared with changes in prices of regulated market and competitive market. Research period was 2008–2013. In order to make the necessary calculations, Energy Regulatory Office data and the Energy Market Agency data were used. In the paper a descriptive method, a comparative method, and basic statistical methods, (i.e. methods of index) were used. The analysis showed that the regulation of the electricity market was economically inefficient resulting in prices on the regulated market increasing faster than on the competitive market.

Year

Issue

3/1

Pages

291-299

Physical description

Contributors

author

References

  • Dyrektywa 2003/54/EC z 26 czerwca 2003 roku w sprawie wspólnych zasad dla wewnętrznego rynku energii elektrycznej (Dz.U. UE nr L 176 z 15 lipca 2003 r.). Hicks J.R., The Foundation of Welfare Economics, „The Economic Journal” 1939, vol. 49, no. 196. Jordan W.A., Producer Protection, Prior Market Structure and the Effects of Government Regulation, „The Journal of Law and Economics” 1972, vol. 15, no. 1. Kaldor N., Welfare Propositions in Economics and Interpersonal Comparison of Utility, „The Economic Journal” 1939, vol. 49, no. 195. Nagaj R., Szkudlarek P., Regulacja na rynkach sieciowych w Polsce w kontekście ekonomii dobrobytu, „Studia Ekonomiczne” 2012, nr 102: Dokonania współczesnej myśli ekonomicznej. Egzemplifikacja pojęcia dobrobytu. Nagaj R., An Economic Regulation Method and the Development of End-User Electricity Prices, „Actual Problems of Economics” 2013, vol. 2, no. 1. Nagaj R., Straty dobrobytu ekonomicznego na rynku detalicznym energii elektrycznej w Polsce, „Rynek Energii” 2014, nr 2 (111). Rothbard M.N., Toward a Reconstruction of Utility and Welfare Economics, New York 1956, http://mises.org/rothbard/toward.pdf. Stigler G.J., The Theory of Economic Regulation, „The Bell Journal of Economics and Management Science” 1971, vol. 2, no. 1. Ustawa z 10 kwietnia 1997 roku – Prawo energetyczne (Dz.U. z 2006 r. nr 89, poz. 625 z późn. zm.).

Document Type

Publication order reference

Identifiers

YADDA identifier

bwmeta1.element.desklight-4744934d-9af2-4134-9599-36d58e522dd8
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