000			01863nam a2200277 a 4500
001			rea00030788
005			20190704021153.0
008			s2004 wau e 001 0 eng d
035			_z56740
039			_a30783 _cTLC
100	1		_aEstache, Antonio.
245	1	0	_aHave consumers benefited from the reforms in the electricity distribution sector in Latin America? / _cAntonio Estache and Martin A. Rossi.
260			_aWashington, D. C. : _bWorld Bank, _c2004.
300			_a33p ; _c27 cm.
440		0	_aPolicy research working papers ; _vno. 3420
500			_aAlso available online.
500			_a"Estache and Rossi bring new empirical evidence on the impact of the choice of ownership and regulatory regime on firms' productivity and prices paid by consumers. They collect the evidence from a sample of electricity distribution companies in Latin America. The authors rely on estimations of labor and operation and maintenance (O $ M) input requirement functions using alternative econometric approaches. Their main conclusions re: Private firms . perform better (approximately 30 percent) than public firms. The regulatory regimes matter, so that price-cap regulated firms do better than rate-of-return regulated firms, and firms regulated under hybrid regimes have intermediate performance. Private firms operating under rate of return are at most as efficient as public firms. There is no clear pattern of differences in electricity prices according to the regulatory regime. Final p
504			_aIncludes bibliographical references.
506			_aOpen access.
650		0	_aInfrastructure (Economics) _xLatin America.
700	1		_aRossi, Martin A. jt. author.
810	2		_aWorld Bank.
949			_aBSPC _bSPC _cHG3881.5 _d.W57 no.3420 _g56740 _5N
961			_t1
999			_c25132 _d25132