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Technology Matters: The Cases of the Liberalization of Electricity and Railways

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  • R. Künneke
  • M. Finger

Abstract

This article deals with the interrelation between changing technological features and evolving institutional arrangements of the liberalizing electricity and railways sectors. The article is grounded in a systematic analysis of the technical features of the electricity and railways sectors, and argues that certain critical technical functions need to be supported by suitable institutional arrangements in order to safeguard a satisfactory technical functioning of these infrastructures. The article also assumes that it is necessary to align technological and institutional regimes into a coherent framework in order to ensure sustainable functioning of the various network industries (i.e., our assumption of "coherence"). Finally, the article argues that the (institutional) regulation of these two important sectors needs to take technology explicitly into consideration, either as an enabling or restricting factor.

Suggested Citation

  • R. Künneke & M. Finger, 2007. "Technology Matters: The Cases of the Liberalization of Electricity and Railways," Competition and Regulation in Network Industries, Intersentia, vol. 8(3), pages 303-336, September.
    • Handle: RePEc:sen:journl:v:8:i:3:y:2007:p:303-336
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    Cited by:

    1. Daniel Scholten & Rolf Künneke, 2016. "Towards the Comprehensive Design of Energy Infrastructures," Sustainability, MDPI, vol. 8(12), pages 1-24, December.
    2. Sertaç Oruç & Scott Cunningham, 2014. "Transmission Rights to the Electrical Transmission Grid in the Post Liberalization Era," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 5(4), pages 686-705, December.
    3. Cristian BUSU & Mihail BUSU, 2015. "The Liberalization Process of the Railway Sector in Romania and European Union Countries," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 16(3), pages 305-313, July.

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