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This paper estimates the welfare impact of rural electrification in India using nationally representative household ….6 percent increase in income. The net gain from both increasing the access rate and reducing power outages in rural India is … estimated to be US$11 billion a year. Moreover, India's rural electrification policy appears to be progressive because lower …
Persistent link: https://www.econbiz.de/10012967439
This study proposes a novel supply-side mechanism driving economic structural transformation: grid electrification. Increasing electricity availability affects the reallocation of inputs to more productive activities through generating higher returns and lowering entry costs in sectors with...
Persistent link: https://www.econbiz.de/10012839574
Entrepreneurs in developing countries report that unreliable electricity imposes a serious constraint, yet little evidence exists on how blackouts impact the micro firms that account for the majority of employment. This paper estimates the effects of outages on small firms using original...
Persistent link: https://www.econbiz.de/10012845595
The challenge of power sector reform in the Arab Republic of Egypt has long been dominated by extremely high subsidies, with prices set well below the costs of supply. These subsidies have taken a variety of forms: explicit subsidies in the government budget, implicit subsidies in the...
Persistent link: https://www.econbiz.de/10012840716
Morocco charted its own distinctive path of power sector reform. It selectively introduced private sector participation for generation capacity expansion and electricity distribution, while retaining a strong, state-owned and vertically-integrated national power utility operating as a single...
Persistent link: https://www.econbiz.de/10012864997
The Philippines power sector underwent a substantial and largely complete reform process. Following a severe shortage of supply in the late 1980s and the Asian Financial crisis of 1997, which made the dollar-denominated debt of the National Power Corporation extremely burdensome, the Electric...
Persistent link: https://www.econbiz.de/10012870633
Pakistan's power sector underwent a substantial, if protracted, reform process. Beginning with an independent power producer program in 1994, the full unbundling of the national vertically integrated power and water utility, the Water and Power Development Authority, and the establishment of a...
Persistent link: https://www.econbiz.de/10012871097
Uganda's power sector structure is among the most sophisticated in Sub-Saharan Africa, and Uganda is one of only a handful of countries in the region where tariffs are close to being cost reflective. While reforms were swift and comprehensive, following the 1999 Electricity Act, significant...
Persistent link: https://www.econbiz.de/10012872120
Two successive waves of reform have fundamentally altered the structure and organization of Kenya's vibrant power sector, which boasts a tradition of strong technical and commercial performance. In the first wave -- beginning in 1996 and largely donor-driven -- policy and regulatory functions...
Persistent link: https://www.econbiz.de/10012872173
The author first describes those features of the electricity supply industry that make a prospective market monitoring process essential to a well-functioning wholesale market. Some of these features are shared with the securities industry, although the technology of electricity production and...
Persistent link: https://www.econbiz.de/10014062419