Showing 1 - 10 of 31
Uruguay generates different kinds of policy outcomes. First, relatively stable policies, such as the commercial and financial openness of the country. Second, inflexible and low quality policies, such as those related to social policies, some areas of the State reform (civil servants' wages and...
Persistent link: https://www.econbiz.de/10005518389
Persistent link: https://www.econbiz.de/10005481502
This paper analyzes the structural reform process that has been taking place in Uruguay since the return to democracy in 1985. Three main questions oriented the research: why reform? what kind of reform? and, how well did the reform perform? The main focus is on the pro-market reforms as they...
Persistent link: https://www.econbiz.de/10005481531
In road concessions – where the effort of the concessionaire cannot increase the demand for infrastructure – it is better not to allocate risk of demand into the concessionaire. Engel et. al. (1997) introduced variable term concessions in order to mitigate risk of demand allocated to the...
Persistent link: https://www.econbiz.de/10005292537
This paper presents a case of public – private partnership in road provision in Uruguay. It is a concession where the concessionaire is public owned with a contract so called of present value of expenditure. This scheme is a good solution in a country where people reject private ownership of...
Persistent link: https://www.econbiz.de/10005292541
In environmental literature there has been an increasing interest on analyzing the income elasticity of environmental amenities, and particularly, of the willingness to pay for an environmental improvement (see Kristrom and Riera, 1996). In this paper we are only concerned with estimating the...
Persistent link: https://www.econbiz.de/10005292543
Uruguay began a general regulatory reform in the 90s. Regarding the telecommunication sector, the main aspect of the reform was the opening up of the mobile market to competition. The auction designed followed the basic idea that had been developed in the American mobile auctions (1994), and...
Persistent link: https://www.econbiz.de/10005292547
El trabajo analiza el proceso de reforma en los servicios públicos a la luz del modelo desarrollado por Spiller y Tomassi (2003). El modelo desataca la incidencia que las instituciones políticas tienen en el proceso político, las que se plasman en ciertas características externas de las...
Persistent link: https://www.econbiz.de/10005518315
Uruguay has allowed private sector participation in road construction, operation and maintenance at the end of the 20th century, specially though the form of concessions. The economic result of these concessions is difficult to be evaluated yet since they are still under execution. However, some...
Persistent link: https://www.econbiz.de/10005518322
During the last decade changes have taken place in the structure of the expenditure of the Uruguayan households. In particular, the expenditure in health care raised and diversified. Using data from income and expenditure survey (Encuesta de Gastos e Ingresos 1994-95, Instituto Nacional de...
Persistent link: https://www.econbiz.de/10005518340