Unlocking the infrastructure : the reform of public utilities in Australia
Author(s)
Bibliographic Information
Unlocking the infrastructure : the reform of public utilities in Australia
Allen & Unwin, 1996
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Note
Includes bibliographical references (p. 176-182) and index
Description and Table of Contents
Description
The nation's infrastructure is undergoing the most intensive microeconomic, legal and political reform of its history. However, the anticipated benefits of those reforms depend on a range of assumptions and ideologies concerning the best design of public and private infrastructure. This work examines those assumptions, the reforms and how the vision of the reforms may work in practice. Issues covered include the public utility problem, pricing, natural monopolies, access to essential infrastructure, investment incentives and integration of services. All industries are covered, with case studies of telecommunications, rail and gas.
Table of Contents
1 Introduction2 Review of the infrastructure industries3 Hilmer and the national competition policy4 Review of the public utility problem5 Pricing and natural monopolies6 Access to essential facilities7 How will access alter investment incentives?8 Benefits and costs of breaking up integrated firms9 Case studies10 Conclusion: how can it be made to work?
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