The role of meso-institutions in the system of tariff regulation of energy and housing and public utilities markets
This article is aimed at expanding the applicability of meso-institutional concept in the markets of natural monopolies in the context of a new institutional economic theory. Within the framework of the considered concept the impact of the institutional environment level on evolutionary development...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Publishing House of the State University of Management
2023-12-01
|
| Series: | Вестник университета |
| Subjects: | |
| Online Access: | https://vestnik.guu.ru/jour/article/view/4874 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1832541543078035456 |
|---|---|
| author | N. V. Popov |
| author_facet | N. V. Popov |
| author_sort | N. V. Popov |
| collection | DOAJ |
| description | This article is aimed at expanding the applicability of meso-institutional concept in the markets of natural monopolies in the context of a new institutional economic theory. Within the framework of the considered concept the impact of the institutional environment level on evolutionary development of energy and housing and public utilities markets is evaluated alongside with modern approaches of digitalisation. In the first part of the current article the author describes theoretical foundations of the meso-institutional environment concept in respect to the energy and housing and public utilities markets. The definition of the concept and its usage domain are given. Besides, the goals difference of meso- and macro-institutions are analysed in detail. The theoretical part also covers approaches of A.E. Shastitko applied to the energy and housing and public utilities markets. Moreover, the hypothesis of conflict resolution between macro- and meso-institutions is described in framework of markets regulation mechanisms. Also, the regulation mechanisms of the two markets are analysed, including market power instruments of meso-institutions. In addition, the article covers the problem of maintaining a balance of market participants’ interests through these mechanisms. In conclusion, the author offers the concept of improving market mechanisms with the help of the meso-institutional development strategy. It is designed to solve the problem of maintaining a balance of market participants’ interests and predetermine the formation of a new improved institutional environment in the energy and housing and public utilities markets. |
| format | Article |
| id | doaj-art-49d783885a934118baae224a45f888b8 |
| institution | Kabale University |
| issn | 1816-4277 2686-8415 |
| language | English |
| publishDate | 2023-12-01 |
| publisher | Publishing House of the State University of Management |
| record_format | Article |
| series | Вестник университета |
| spelling | doaj-art-49d783885a934118baae224a45f888b82025-02-04T08:28:18ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152023-12-0101113514610.26425/1816-4277-2023-11-135-1462951The role of meso-institutions in the system of tariff regulation of energy and housing and public utilities marketsN. V. Popov0LLC LSR. Energo; St. Petersburg State UniversityThis article is aimed at expanding the applicability of meso-institutional concept in the markets of natural monopolies in the context of a new institutional economic theory. Within the framework of the considered concept the impact of the institutional environment level on evolutionary development of energy and housing and public utilities markets is evaluated alongside with modern approaches of digitalisation. In the first part of the current article the author describes theoretical foundations of the meso-institutional environment concept in respect to the energy and housing and public utilities markets. The definition of the concept and its usage domain are given. Besides, the goals difference of meso- and macro-institutions are analysed in detail. The theoretical part also covers approaches of A.E. Shastitko applied to the energy and housing and public utilities markets. Moreover, the hypothesis of conflict resolution between macro- and meso-institutions is described in framework of markets regulation mechanisms. Also, the regulation mechanisms of the two markets are analysed, including market power instruments of meso-institutions. In addition, the article covers the problem of maintaining a balance of market participants’ interests through these mechanisms. In conclusion, the author offers the concept of improving market mechanisms with the help of the meso-institutional development strategy. It is designed to solve the problem of maintaining a balance of market participants’ interests and predetermine the formation of a new improved institutional environment in the energy and housing and public utilities markets.https://vestnik.guu.ru/jour/article/view/4874meso-institutionstariff regulationdigitalisationeconomic theoryenergy and housing and public utilities marketregional economyinstitutional environment |
| spellingShingle | N. V. Popov The role of meso-institutions in the system of tariff regulation of energy and housing and public utilities markets Вестник университета meso-institutions tariff regulation digitalisation economic theory energy and housing and public utilities market regional economy institutional environment |
| title | The role of meso-institutions in the system of tariff regulation of energy and housing and public utilities markets |
| title_full | The role of meso-institutions in the system of tariff regulation of energy and housing and public utilities markets |
| title_fullStr | The role of meso-institutions in the system of tariff regulation of energy and housing and public utilities markets |
| title_full_unstemmed | The role of meso-institutions in the system of tariff regulation of energy and housing and public utilities markets |
| title_short | The role of meso-institutions in the system of tariff regulation of energy and housing and public utilities markets |
| title_sort | role of meso institutions in the system of tariff regulation of energy and housing and public utilities markets |
| topic | meso-institutions tariff regulation digitalisation economic theory energy and housing and public utilities market regional economy institutional environment |
| url | https://vestnik.guu.ru/jour/article/view/4874 |
| work_keys_str_mv | AT nvpopov theroleofmesoinstitutionsinthesystemoftariffregulationofenergyandhousingandpublicutilitiesmarkets AT nvpopov roleofmesoinstitutionsinthesystemoftariffregulationofenergyandhousingandpublicutilitiesmarkets |