The Reform Of The Utilities Sector In Argentina

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The Reform Of The Utilities Sector In Argentina

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Author : José A. Delfino
language : en
Publisher:
Release Date : 2001

The Reform Of The Utilities Sector In Argentina written by José A. Delfino and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Public utilities categories.

Can The Gains From Argentina S Utilities Reform Offset Credit Shocks

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Author : Daniel A. Benitez
language : en
Publisher:
Release Date : 2001

Can The Gains From Argentina S Utilities Reform Offset Credit Shocks written by Daniel A. Benitez and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Debts, Public categories.

Reform Of The Electric Power Sector In Argentina

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Author : Carlos Manuel Bastos
language : en
Publisher:
Release Date : 1996-01-01

Reform Of The Electric Power Sector In Argentina written by Carlos Manuel Bastos and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-01-01 with Electric utilities categories.

Winners And Losers From Utility Privatization In Argentina

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Author : Omar O. Chisari
language : en
Publisher: World Bank Publications
Release Date : 1997

Winners And Losers From Utility Privatization In Argentina written by Omar O. Chisari and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Argentina categories.

Winners And Losers From Utility Privatization In Argentina Lessons From A General Equilibrium Model

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Author : Antonio Estache
language : en
Publisher:
Release Date : 1999

Winners And Losers From Utility Privatization In Argentina Lessons From A General Equilibrium Model written by Antonio Estache and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with categories.

September 1997 The economic rates of return for utility privatization projects in Argentina are very high, whether or not distributional weights are considered. But there is a very high shadow price for regulatory activity, which tends to be ignored in most privatization exercises. And how serious a government is about the fair distribution of gains from reform is reflected in how serious it is about regulation. Chisari, Estache, and Romero assess the macroeconomic and distributional effects of the privatization that Argentina began in 1989 in gas, electricity, telecommunications, and water and sanitation. Using a computable general equilibrium model, they track the effects of the changes observed between 1993, the first year by which all the major privatizations had taken place, and 1995, the most recent year for which data are available. In an innovative use of the model, they also assess the importance of the regulator in determining the distribution of gains and losses from utility privatization among sectors and income groups. They conclude that when regulators are effective, the annual gains from the private operation of utilities are about $3.3 billion, or 1.25 percent of GDP, and that all income classes benefit. Ineffective regulation cuts the gains from the reform by $1 billion or 0.35 percent of GDP. This cut in gains represents an implicit tax of 16 percent on the average consumer, paid directly to the owner of the utility rather than to the government. For the poorest income classes, this implicit tax is about 20 percent, meaning that good regulation is in the interest of the poor. The authors also show that the privatization of utilities cannot be blamed for the significant increase in unemployment observed in Argentina since 1993. Effective regulation can lead to a decline in unemployment, and ineffective regulation leads to only a small increase in unemployment. But the gains from utility privatization were not sufficient to offset the negative efficiency and distributional impact on the economy of the Tequila effect, which increased unemployment dramatically by limiting access to credit for users and producers alike. This paper-a product of the Regulatory Reform and Private Enterprise Division, Economic Development Institute-is part of a larger effort in the institute to understand the importance of effective infrastructure regulation. The study was funded by the Bank's Research Support Budget under the research project Efficiency and Equity Implications of Argentina's Privatization of Infrastructure Services (RPO 680-85).

The Reform Of The Utilities Sector In Argentina

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Author : José A. Delfino
language : en
Publisher:
Release Date : 2001

The Reform Of The Utilities Sector In Argentina written by José A. Delfino and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Deregulation categories.

Light And Lightning At The End Of The Public Tunnel

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Author : Antonio Estache
language : en
Publisher: World Bank Publications
Release Date : 1999

Light And Lightning At The End Of The Public Tunnel written by Antonio Estache and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Argentina categories.

Electricity Sector Reform In Developing Countries

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Author : Tooraj Jamasb
language : en
Publisher: World Bank Publications
Release Date : 2005

Electricity Sector Reform In Developing Countries written by Tooraj Jamasb and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Electric power categories.

"Driven by ideology, economic reasoning, and early success stories, vast amounts of financial resources and effort have been spent on reforming infrastructure industries in developing countries. It is therefore important to examine whether evidence supports the logic of reforms. The authors review the empirical evidence on electricity reform in developing countries. They find that country institutions and sector governance play an important role in the success and failure of reform. And reforms also appear to have increased operating efficiency and expanded access to urban customers. However, the reforms have to a lesser degree passed on efficiency gains to customers, tackled distributional effects, and improved rural access. Moreover, some of the literature is not methodologically robust and on par with general development economics literature. Further, findings on some issues are limited and inconclusive, while other important areas are yet to be addressed. Until we know more, implementation of reforms will be more based on ideology and economic theory rather than solid economic evidence. "--World Bank web site.

Electricity Reform Abroad And U S Investment

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Author :
language : en
Publisher:
Release Date : 1997

Electricity Reform Abroad And U S Investment written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Electric utilities categories.

Argentina

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Author :
language : en
Publisher:
Release Date : 1996

Argentina written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Electric utilities categories.