Regulatory uncertainty and share price volatility: The english and welsh water industry's periodic price review

Journal of Regulatory Economics

Volumn 17, Issue 1, 2000, Pages 87-100

  Morana, Claudio ^a   Sawkins, John W ^a  

^a UNIVERSITY OF ABERDEEN   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0034400366     PISSN: 0922680X     EISSN: None     Source Type: Journal    
DOI: 10.1023/A:1008105405621     Document Type: Review

References (18)

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8. Kay, J. 1994. Personal View. Financial Times, 16th August.
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11. Monopolies Mergers Commission. 1995a. Portsmouth Water plc. A Report on the determination of adjustment factors and infrastructure charges for Portsmouth Water plc. London: HMSO.
12. Monopolies and Mergers Commission. 1995b. South West Water Services Ltd. A Report on the determination of adjustment factors and infrastructure charges for South West Water Services Ltd. London: HMSO.
13. Peltzman, S. 1976. "Towards a More General Theory of Regulation." Journal of Law and Economics. 19:211-240.
14. Prager, R. A. 1989. "Using Stock Price Data to Measure the Effects of Regulation: The Interstate Commerce Act and the Railroad Industry." Rand Journal of Economics. 20: 280-290.
15. Robinson, T. A., and M. P. Taylor. 1998. "Regulatory Uncertainty and the Volatility of Regional Electricity Company Share Prices: The Economic Consequences of Professor Littlechild." Bulletin of Economic Research. 50(1): 37-46.
16. Ruiz, E., 1994. "Quasi-Maximum Likelihood Estimation of Stochastic Volatility Models." Journal of Econometrics 63: 289-306.
17. Sawkins, J. W. 1996. "Balancing Multiple Interests in Regulation: An Event Study of the English and Welsh Water Industry." Journal of Regulatory Economics 9: 249-268.
18. Stigler, J. 1971. "The Theory of Economic Regulation." Bell Journal of Economics and Management Science 2: 137-146.