Showing 1 - 10 of 465
The paper analyzes governments' tradeoff between fiscal benefits and consumer surplus in privatization reforms of … noncompetitive industries in developing countries. Under privatization, the control rights are transferred to private interests so … developing countries, tight budget constraints imply that privatization may be optimal for low profitability segments. For highly …
Persistent link: https://www.econbiz.de/10012748030
This paper shows empirically that privatization in the energy, telecommunications, and water sectors, and the … privatization and the introduction of independent regulators have, at best, only partial effects on the consequences of corruption …
Persistent link: https://www.econbiz.de/10012747895
The authors summarize the main lessons emerging from Argentina's experience, including universal service obligations in concession contracts. They discuss free-riding risks, moral hazard problems, and other issues that arise when social concerns are delegated to private operators. After...
Persistent link: https://www.econbiz.de/10012966170
Subsidies to residential utility customers are popular among policymakers, utility managers, and utility customers alike, but they are nonetheless the subject of much controversy. Utility subsidies are seen as a way to help make utility service affordable for poor households and as an...
Persistent link: https://www.econbiz.de/10012779253
This paper seeks to assess the extent to which a country's overall level of development and that of its financial sector, in particular, are factors that attract private capital into infrastructure projects. The authors investigate these effects in a 1990-2007 dataset on the power sector in 37...
Persistent link: https://www.econbiz.de/10012976440
pricing behavior. These findings have important implications for the design of post-privatization regulatory governance in …
Persistent link: https://www.econbiz.de/10012747778
Da Silva, Estache, and Jarvela describe the evolution of the financing structure of regulated privatized utilities and transport companies. To do so, they rely on a sample of 121 utilities distributed over 16 countries, and 23 transport infrastructure operators and 23 transport services...
Persistent link: https://www.econbiz.de/10014070314
This paper focuses on how developing countries can change the way they prepare for disasters so they are better equipped to sustain economic growth. It discusses the importance of considering the goals of key decision makers and the need to understand the perceptions, systematics biases, and...
Persistent link: https://www.econbiz.de/10012974876
Despite the widespread tariff reductions sparked by the Dominican Republic-Central America Free Trade Agreement, borders in the region remain thick, with many hurdles standing in the way of regional trade. Although anecdotal evidence suggests that nontariff measures raise trade costs and inhibit...
Persistent link: https://www.econbiz.de/10012973259
Studies comparing household surveys with on-site interceptor surveys have typically accounted for over-sampling avid users in the on-site interceptor surveys (that is, endogenous stratification). However, these studies have typically not accounted for the possibility that the household sample...
Persistent link: https://www.econbiz.de/10012748120