This study discusses regulatory agencies' development in Brazil in response to prior privatization. It highlights a case study of government officials' regulatory intervention in the electricity sector, which exposed the business environment to long-lasting regulatory risks. We empirically...

This study discusses regulatory agencies' development in Brazil in response to prior privatization. It highlights a case study of government officials' regulatory intervention in the electricity sector, which exposed the business environment to long-lasting regulatory risks. We empirically...

A considerable growth of rooftop photovoltaic systems has been experienced in Brazil, and it is expected to increase even more in the coming years. As a result, the Brazilian Regulatory Agency (ANEEL) has been actively working in the sector, acting to smooth the impacts on Distribution Companies...

This investment policy and regulatory review (IPRR) presents information on the legal and regulatory frameworks governing foreign direct investment (FDI) in Brazil. Since legal and regulatory frameworks are constantly evolving, a cut-off date was set for the research. This country review,...

This article analyzes the effect of the presence of sanitation regulatory agencies on the efficiency of the water supply and sewage collection services in Brazil. We used DEA covering the period from 2015 to 2019. The results indicated that both services tended to be more efficient in...

This paper investigates the impact of firm monitoring on the illicit market for stolen goods, with a specific focus on the association of junkyards and auto theft. I exploit the effects of state-level regulations implemented in Brazil in 2014, which enhanced supervision of the market for vehicle...

Following the traditional doctrine of the ‘regulatory state’, regulatory agencies should be given very focused mandates and stay away from the politicized realm of distributive policies and decisions. An opposing perspective would state that if regulatory agencies can contribute to economic...

I describe how monitoring and harsher law enforcement reduce the expected economic benefits of crime. I investigate the effect of shifts in legal authorities' surveillance by focusing on junkyards, firms often associated with illegal markets and auto theft. Starting in 2014, many municipalities...