Almost a decade after Argentina began privatizing its railways, resolution of the conflicts between regulators, users and operators continues to take longer, and to be more difficult than expected. This paper shows that many of these conflicts arose because there are no rule of interactions...

July 2001 - How do you set up a regulatory accounting system for a sector no longer under the government's direct control, after railways have been turned over to concessions in varied circumstances and where available information is provided mainly by private operators? As a result of...

This paper provides a 'back-of-the-envelope' assessment of the efficiency effects of the reforms of the water sector in Argentina. Private operators are now key players in 15 of Argentina's provinces. While all have adopted incentive based regulatory regimes which require estimates of economic...

The structural changes that come with privatization may induce a reconsideration of the regulations defined during the early stages of privatization. - Chisari and Estache summarize the main lessons emerging from Argentina's experience, including universal service obligations in concession...

November 1999 - Argentina's policy for reform of the transport sector has been a mix of competition in the market and, through concessions, for the market. Capacity has increased, demand has grown, and prices and services have improved. Public financing has not been eliminated but it has been...

Relying on a general equilibrium model of Argentina’s economy calibrated for 1993 and internalizing all productivity and scale gains achieved up to 1999, this paper isolates the distributional effects of utilities reform from the impact of other reforms taking place in the country during the...