Ghirardi, André Garcez; Rocha, Milena Couto; Teixeira, … - In: Nova Economia 12 (2002) 1, pp. 41-67
Privatization of electricity distribution in Brasil had, as one of its stated purposes, generation of sufficient … the theoretical expectation of underinvestment. There is evidence that investment since privatization was sufficient to … segment of captive consumers. This paper offers an analysis of the observed performance of COELBA since its privatization, in …