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

dc.contributor.author Cubbin, John
dc.contributor.author Stern, John
dc.date.accessioned 2012-06-22T20:45:15Z
dc.date.available 2012-06-22T20:45:15Z
dc.date.issued 2005-03
dc.description.abstract The 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 endogeneity en
dc.identifier http://documents.worldbank.org/curated/en/2005/03/5650345/regulatory-effectiveness-empirical-impact-variations-regulatory-governance-electricity-industry-capacity-efficiency-developing-countries
dc.identifier.uri http://hdl.handle.net/10986/8872
dc.language English
dc.publisher World Bank, Washington, DC
dc.relation.ispartofseries Policy Research Working Paper; No. 3535
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo/
dc.subject ACCOUNTABILITY
dc.subject AUTONOMY
dc.subject BANKS
dc.subject BENCHMARK
dc.subject BUDGET CONSTRAINTS
dc.subject CAPACITY/
dc.subject CENTRAL BANK
dc.subject CENTRAL BANKS
dc.subject CIVIL SERVICE
dc.subject COAL
dc.subject CORRUPTION
dc.subject COST OF CAPITAL
dc.subject DATA COLLECTION
dc.subject DATA SOURCES
dc.subject DEBT
dc.subject DECISION-MAKING
dc.subject DEVELOPMENT AGENCIES
dc.subject DISEQUILIBRIUM
dc.subject ECONOMETRIC ANALYSIS
dc.subject ECONOMIC GROWTH
dc.subject ECONOMIC HISTORIANS
dc.subject ECONOMICS
dc.subject ECONOMISTS
dc.subject ELASTICITIES
dc.subject ELASTICITY
dc.subject ELECTIONS
dc.subject ELECTRICITY DEMAND
dc.subject ELECTRICITY GENERATION
dc.subject EMPIRICAL ANALYSIS
dc.subject EMPIRICAL STUDIES
dc.subject EQUILIBRIUM
dc.subject EXCHANGE RATE
dc.subject EXOGENOUS VARIABLES
dc.subject GDP
dc.subject GDP PER CAPITA
dc.subject INCOME
dc.subject INFLATION
dc.subject INSTITUTIONAL CHANGE
dc.subject INSTITUTIONAL DESIGN
dc.subject LABOR PRODUCTIVITY
dc.subject LAWS
dc.subject LEGISLATION
dc.subject LIVING STANDARDS
dc.subject MARKET ECONOMIES
dc.subject MIDDLE INCOME COUNTRIES
dc.subject MONETARY POLICY
dc.subject NATIONAL INCOME
dc.subject OIL
dc.subject PER CAPITA INCOME
dc.subject POLICY DECISIONS
dc.subject POLICY RESEARCH
dc.subject PRIVATIZATION
dc.subject PRODUCTIVITY
dc.subject PUBLIC EXPENDITURE
dc.subject REAL GDP
dc.subject REAL INCOME
dc.subject REGIONAL BANKS
dc.subject REGULATORY AGENCIES
dc.subject REGULATORY AGENCY
dc.subject REGULATORY FRAMEWORK
dc.subject REGULATORY REFORM
dc.subject SEWAGE
dc.subject SUBSIDIARY
dc.subject TAX REVENUE
dc.subject TELECOMMUNICATIONS
dc.subject TELECOMS
dc.subject TIME SERIES
dc.subject TRANSITION ECONOMIES
dc.subject TRANSPORT
dc.subject VALUE ADDED
dc.title Regulatory Effectiveness and the Empirical Impact of Variations in Regulatory Governance : Electricity Industry Capacity and Efficiency in Developing Countries en
dspace.entity.type Publication
okr.doctype Publications & Research :: Policy Research Working Paper
okr.doctype Publications & Research
okr.docurl http://documents.worldbank.org/curated/en/2005/03/5650345/regulatory-effectiveness-empirical-impact-variations-regulatory-governance-electricity-industry-capacity-efficiency-developing-countries
okr.globalpractice Transport and ICT
okr.globalpractice Finance and Markets
okr.globalpractice Governance
okr.identifier.doi 10.1596/1813-9450-3535
okr.identifier.externaldocumentum 000012009_20050309102156
okr.identifier.internaldocumentum 5650345
okr.identifier.report WPS3535
okr.language.supported en
okr.pdfurl http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2005/03/09/000012009_20050309102156/Rendered/PDF/wps3535.pdf en
okr.topic Economic Theory and Research
okr.topic Banks and Banking Reform
okr.topic Environmental Economics and Policies
okr.topic Information and Communication Technologies :: ICT Policy and Strategies
okr.topic Governance :: Governance Indicators
okr.topic Finance and Financial Sector Development
okr.unit Development Research Group (DECRG)
okr.volume 1 of 1
relation.isSeriesOfPublication 26e071dc-b0bf-409c-b982-df2970295c87
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