The Evaluation of the Impact of Natural Monopolies on the National Economy and Competitiveness

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Dalia Streimiikiene
Mykolas Romeris University, Faculty of Economics and Finance Management, Institute of Economics and Business, Vilnius, Lithuania

Akvile Cibinskiene
Kaunas University of Technology, School of Economics and Business, Kaunas, Lithuania

Series: Business Economics in a Rapidly-Changing World
BISAC: BUS035000

The Evaluation of the Impact of Natural Monopolies on the National Economy and Competitiveness provides an original approach and develops an original model for analyzing and evaluating the impact of energy market liberalization on competitiveness of Lithuania. The main scientific objective of this monograph is to develop a model for the assessment of impact of natural monopolies on competitiveness and apply this model in the energy sector. It is the hope of the author to define the best measures for mitigating negative impacts of monopolies in the energy sector. The structure of the monograph is determined by its objectives and consists of four chapters.

Chapter One is dedicated to setting the theoretical background and explain the relationship between natural monopolies and countries’ competitiveness, analyzing concept, features of natural monopolies and reasons for their regulation, as well as its relation to economic subjects in the country. Chapter Two presents the broad review of the Lithuanian energy sector and natural monopolies in electricity, natural gas and district heat sectors; it discusses their liberalization processes and stages of market opening. Chapter Three analyses and systematizes results of studies dealing with the impacts of the energy market opening on energy prices and competiveness. Chapter Four presents the model for multi-criteria assessments of the impact of energy market liberalization on competitiveness of Lithuania and its empirical testing on the Lithuanian power sector.

(Imprint: Nova)

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Table of Contents

Preface
pp. vii

Introduction
pp. ix-xi

List of Abbreviations
pp. xiii-xiv

Chapter 1
Natural Monopolies and Their Impact on Country’s Competitiveness
pp. 1-36

Chapter 2
Review of Lithuanian Energy Sector Natural Economies
pp. 37-86

Chapter 3
The Impact of Energy Market Reforms on Energy Prices and Competitiveness
pp. 87-126

Chapter 4
The Model for Multi-Criteria Assessment of Energy Market Liberalization on Competitiveness of the Country
pp. 127-160

Conclusions
pp. 161-164

References
pp. 165-178

Authors’ Contact Information
pp. 179

Index
pp. 181-183


Audience: It can be interesting for national energy regulation authorities, government institutions, scientists and students (including master and doctoral students), interested in energy sector; associations of companies; economists, energy professionals and scientists.

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