Arbeitspapier
Regulation and privatisation: The case of electricity
This paper sheds some light about privatisation in utilities. An empirical analysis based on sales in the electricity sector in 38 countries for the period 1977-97 shows that regulation is a crucial institutional variable in privatisation. Not only does it allow governments to increase the pace of divestiture and to sell higher stakes, but it also maximises proceeds reducing regulatory risk. The revenues-efficiency trade-off loses some relevance in electricity privatisation.
- Language
-
Englisch
- Bibliographic citation
-
Series: Nota di Lavoro ; No. 70.1998
- Classification
-
Wirtschaft
Corporate Finance and Governance: General
Economics of Regulation
- Subject
-
Privatisation
Regulation
Privatisierung
Regulierung
Elektrizitätswirtschaft
Welt
- Event
-
Geistige Schöpfung
- (who)
-
Bortolotti, Bernardo
Fantini, Marcella
Siniscalco, Domenico
- Event
-
Veröffentlichung
- (who)
-
Fondazione Eni Enrico Mattei (FEEM)
- (where)
-
Milano
- (when)
-
1998
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Bortolotti, Bernardo
- Fantini, Marcella
- Siniscalco, Domenico
- Fondazione Eni Enrico Mattei (FEEM)
Time of origin
- 1998
Other Objects (12)
Privatisation in Ireland
Competition, Regulation and Privatisation: The Railroads and Telecommunications Network Industries in Germany
Regulation and third-party discrimination in vertically related markets: The case of German electricity
Electricity transmission pricing and performance-based regulation
Incentive regulation: Evidence from German electricity networks
Refinancing under yardstick regulation with investment cycles: The case of long-lived electricity network assets
Refinancing under Yardstick Regulation with Investment Cycles–The Case of Long-Lived Electricity Network Assets
Unbundling, regulation and pricing: Evidence from electricity distribution
The competition law & economics of electricity market regulation
Investment coordination in network industries: The case of electricity grid and electricity generation
Strategic privatisation: Its achievements and challenges
Privatisation and Public Ownership in Finland
Privatisation in Ireland
Competition, Regulation and Privatisation: The Railroads and Telecommunications Network Industries in Germany
Regulation and third-party discrimination in vertically related markets: The case of German electricity
Electricity transmission pricing and performance-based regulation
Incentive regulation: Evidence from German electricity networks
Refinancing under yardstick regulation with investment cycles: The case of long-lived electricity network assets
Refinancing under Yardstick Regulation with Investment Cycles–The Case of Long-Lived Electricity Network Assets
Unbundling, regulation and pricing: Evidence from electricity distribution
The competition law & economics of electricity market regulation
Investment coordination in network industries: The case of electricity grid and electricity generation
Strategic privatisation: Its achievements and challenges
Privatisation and Public Ownership in Finland
Privatisation in Ireland
Competition, Regulation and Privatisation: The Railroads and Telecommunications Network Industries in Germany
Regulation and third-party discrimination in vertically related markets: The case of German electricity
Electricity transmission pricing and performance-based regulation
Incentive regulation: Evidence from German electricity networks
Refinancing under yardstick regulation with investment cycles: The case of long-lived electricity network assets
Refinancing under Yardstick Regulation with Investment Cycles–The Case of Long-Lived Electricity Network Assets
Unbundling, regulation and pricing: Evidence from electricity distribution
The competition law & economics of electricity market regulation
Investment coordination in network industries: The case of electricity grid and electricity generation
Strategic privatisation: Its achievements and challenges