Administered Prices and Consumer Price Index: the Influence of Government’s Decisions on Network Industries and Rental Market Prices

Name: Administered Prices and Consumer Price Index: the Influence of Government’s Decisions on Network Industries and Rental Market Prices
Brand: Vita e Pensiero
Price: 6.00 EUR
Availability: OnlineOnly

digital

Article

Magazine

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI

Issue

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI - 2006 - 4

Title

Administered Prices and Consumer Price Index: the Influence of Government’s Decisions on Network Industries and Rental Market Prices

Author

Luca Gattini

Publisher

Vita e Pensiero

Format

Article |

Pdf

Pages

Online from

10-2006

Issn

0035-676X (print) | 1827-7918 (digital)

€ 6.00

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Description

Recent studies analyse the dynamic of administered prices. However, the concept of administered prices is not clearly defined in economic literature, and a common approach is missing. This paper gives a brief description of the reasons for administered prices. Moreover, it focuses on the difference between administered and regulated prices. Two relevant and unsolved cases are analysed: telecommunication network industries and the rental market. A particular emphasis is addressed to the regulatory frameworks within these sectors. It is investigated whether they do affect price behaviours. In conclusion, the paper provides guidelines to identify the impact of the regulatory framework on consumer price indices.