, political, and governance variables to assess the determinants of private financing of infrastructure in emerging markets and … developing economies. Controlling for economic characteristics, we find that overall private participation of infrastructure … infrastructure. Our results do not vary when controlling for income inequality and across quartiles of experience, country wealth …

performance of regulation, an issue that has recently occupied much of the policy debate on the effectiveness of infrastructure … processes, the authors investigate, for the case of telecommunications, its impact on the performance of regulation in two time … some well documented results on the positive role of regulatory governance in infrastructure industries, the authors …

-of-return regulation is generally thought to result in overinvestment, while incentive regulation is believed to entail underinvestment …. Yet, previous empirical work has generally found that the introduction of incentive regulation has not systematically …-of-return regulation because investment decisions (what can be included in the rate base) are usually evaluated in a discretionary manner …

In der Juniausgabe 2012 veröffentlichte der Wirtschaftsdienst einen Aufsatz mit dem Titel „Regulierung, Bildung und …Enste and Wicher suggest that political regulation is always wealth-reducing. However, their analysis neglects various … relevant determinants of the wealth indicator. Economic wealth cannot be estimated from the quantity of regulation, as quality …

This paper builds a dynamic model of utility regulation where a government cannot commit to a time-inconsistent policy …