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Regulatory Effectiveness and the Empirical Impact of Variations in Regulatory Governance : Electricity Industry Capacity and Efficiency in Developing Countries

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dc.contributor.authorCubbin, John
dc.contributor.authorStern, John
dc.date.accessioned2012-06-22T20:45:15Z
dc.date.available2012-06-22T20:45:15Z
dc.date.issued2005-03
dc.description.abstractThe authors assess for 28 developing countries over the period 1980-2001 whether the existence of a regulatory law and higher quality regulatory governance are significantly associated with superior electricity outcomes. Their analysis draws on theoretical and empirical work on the impact of independent central banks and of developing country telecommunications regulators. The authors' empirical analysis concludes that a regulatory law and higher quality governance are positively and significantly associated with higher per capita generation capacity levels. In addition, this positive impact continues to increase for at least three years and probably for over 10 years as experience develops and regulatory reputation grows. The results are robust to alternative dynamic specifications and show no sign of any significant endogeneityen
dc.identifierhttp://documents.worldbank.org/curated/en/2005/03/5650345/regulatory-effectiveness-empirical-impact-variations-regulatory-governance-electricity-industry-capacity-efficiency-developing-countries
dc.identifier.doi10.1596/1813-9450-3535
dc.identifier.urihttps://hdl.handle.net/10986/8872
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 3535
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTABILITY
dc.subjectAUTONOMY
dc.subjectBANKS
dc.subjectBENCHMARK
dc.subjectBUDGET CONSTRAINTS
dc.subjectCAPACITY/
dc.subjectCENTRAL BANK
dc.subjectCENTRAL BANKS
dc.subjectCIVIL SERVICE
dc.subjectCOAL
dc.subjectCORRUPTION
dc.subjectCOST OF CAPITAL
dc.subjectDATA COLLECTION
dc.subjectDATA SOURCES
dc.subjectDEBT
dc.subjectDECISION-MAKING
dc.subjectDEVELOPMENT AGENCIES
dc.subjectDISEQUILIBRIUM
dc.subjectECONOMETRIC ANALYSIS
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC HISTORIANS
dc.subjectECONOMICS
dc.subjectECONOMISTS
dc.subjectELASTICITIES
dc.subjectELASTICITY
dc.subjectELECTIONS
dc.subjectELECTRICITY DEMAND
dc.subjectELECTRICITY GENERATION
dc.subjectEMPIRICAL ANALYSIS
dc.subjectEMPIRICAL STUDIES
dc.subjectEQUILIBRIUM
dc.subjectEXCHANGE RATE
dc.subjectEXOGENOUS VARIABLES
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectINCOME
dc.subjectINFLATION
dc.subjectINSTITUTIONAL CHANGE
dc.subjectINSTITUTIONAL DESIGN
dc.subjectLABOR PRODUCTIVITY
dc.subjectLAWS
dc.subjectLEGISLATION
dc.subjectLIVING STANDARDS
dc.subjectMARKET ECONOMIES
dc.subjectMIDDLE INCOME COUNTRIES
dc.subjectMONETARY POLICY
dc.subjectNATIONAL INCOME
dc.subjectOIL
dc.subjectPER CAPITA INCOME
dc.subjectPOLICY DECISIONS
dc.subjectPOLICY RESEARCH
dc.subjectPRIVATIZATION
dc.subjectPRODUCTIVITY
dc.subjectPUBLIC EXPENDITURE
dc.subjectREAL GDP
dc.subjectREAL INCOME
dc.subjectREGIONAL BANKS
dc.subjectREGULATORY AGENCIES
dc.subjectREGULATORY AGENCY
dc.subjectREGULATORY FRAMEWORK
dc.subjectREGULATORY REFORM
dc.subjectSEWAGE
dc.subjectSUBSIDIARY
dc.subjectTAX REVENUE
dc.subjectTELECOMMUNICATIONS
dc.subjectTELECOMS
dc.subjectTIME SERIES
dc.subjectTRANSITION ECONOMIES
dc.subjectTRANSPORT
dc.subjectVALUE ADDED
dc.titleRegulatory Effectiveness and the Empirical Impact of Variations in Regulatory Governance : Electricity Industry Capacity and Efficiency in Developing Countriesen
dspace.entity.typePublication
okr.crossref.titleRegulatory Effectiveness and The Empirical Impact of Variations in Regulatory Governance - Electricity Industry Capacity and Efficiency in Developing Countries
okr.date.doiregistration2025-04-10T09:26:56.224432Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2005/03/5650345/regulatory-effectiveness-empirical-impact-variations-regulatory-governance-electricity-industry-capacity-efficiency-developing-countries
okr.globalpracticeTransport and ICT
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.guid741621468762613770
okr.identifier.doi10.1596/1813-9450-3535
okr.identifier.externaldocumentum000012009_20050309102156
okr.identifier.internaldocumentum5650345
okr.identifier.reportWPS3535
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2005/03/09/000012009_20050309102156/Rendered/PDF/wps3535.pdfen
okr.topicEconomic Theory and Research
okr.topicBanks and Banking Reform
okr.topicEnvironmental Economics and Policies
okr.topicInformation and Communication Technologies::ICT Policy and Strategies
okr.topicGovernance::Governance Indicators
okr.topicFinance and Financial Sector Development
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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