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Regulatory Agencies : Impact On Firm Performance and Social Welfare / Estache, Antonio
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Estache, Antonio
- Series:
- Policy research working papers.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Electric utilities.
- Electricity sector.
- Emerging Markets.
- Energy.
- Energy Production and Transportation.
- Independent regulators.
- Independent regulatory.
- Infrastructure Economics and Finance.
- Infrastructure industries.
- Infrastructure Regulation.
- Private ownership.
- Private Sector Development.
- Privatization.
- Public Sector Economics and Finance.
- Regulatory Agencies.
- Regulatory agency.
- Regulatory reforms.
- Service delivery.
- Local Subjects:
- Electric utilities.
- Electricity sector.
- Emerging Markets.
- Energy.
- Energy Production and Transportation.
- Independent regulators.
- Independent regulatory.
- Infrastructure Economics and Finance.
- Infrastructure industries.
- Infrastructure Regulation.
- Private ownership.
- Private Sector Development.
- Privatization.
- Public Sector Economics and Finance.
- Regulatory Agencies.
- Regulatory agency.
- Regulatory reforms.
- Service delivery.
- Physical Description:
- 1 online resource (28 pages)
- Place of Publication:
- Washington, D.C., The World Bank, 2008
- System Details:
- data file
- Summary:
- The authors explore the relation between the establishment of a regulatory agency and the performance of the electricity sector. The authors exploit a unique dataset comprising firm-level information on a representative sample of 220 electric utilities from 51 development and transition countries for the years 1985 to 2005. Their results indicate that regulatory agencies are associated with more efficient firms and with higher social welfare.
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