Publication:
Regulatory Instruments and Their Effects on Investment Behavior

dc.contributor.authorBurns, Phil
dc.contributor.authorRiechmann, Christoph
dc.date.accessioned2013-06-21T15:20:44Z
dc.date.available2013-06-21T15:20:44Z
dc.date.issued2004-04
dc.description.abstractRegulatory instruments have long been understood to have a powerful effect on investment, and part of the motivation for introducing higher-powered regulatory regimes and contracts was to reduce incentives for inefficiency and over-investment (gold plating) inherent in cost-plus regulatory schemes. In practice, the mix of incentives and the institutional framework that make up a higher-powered regulatory regime can also lead to unintended distortions on investment behavior. The authors examine the key drivers of investment behavior and provide some examples of how these drivers have affected investment in practice. They conclude with a set of key areas and interrelationships that are at the core of a regulatory settlement, and therefore need to be designed appropriately to drive efficient investment behavior.en
dc.identifierhttp://documents.worldbank.org/curated/en/2004/04/4129257/regulatory-instruments-effects-investment-behavior
dc.identifier.doi10.1596/1813-9450-3292
dc.identifier.urihttps://hdl.handle.net/10986/14108
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, D.C.
dc.relation.ispartofseriesPolicy Research Working Paper;No.3292
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectASSET MANAGEMENT
dc.subjectBENCHMARK
dc.subjectBENCHMARKING
dc.subjectCONSUMERS
dc.subjectCOST EFFICIENCY
dc.subjectCOST FUNCTIONS
dc.subjectCOST OF CAPITAL
dc.subjectCOST SAVINGS
dc.subjectDEPRECIATION
dc.subjectDIRECT VALUE
dc.subjectDISCOUNT RATE
dc.subjectECONOMIC ACTIVITY
dc.subjectEXPENDITURE
dc.subjectINCENTIVE EFFECTS
dc.subjectINCENTIVE REGIMES
dc.subjectINCOME
dc.subjectINEFFICIENCY
dc.subjectINPUT USE
dc.subjectLABOR PRODUCTIVITY
dc.subjectLEADING INDICATORS
dc.subjectLOW PERFORMANCE
dc.subjectMARGINAL COST
dc.subjectMARGINAL COSTS
dc.subjectPAYOUT
dc.subjectPRESENT VALUE
dc.subjectPRICE CONTROLS
dc.subjectPRICE LEVELS
dc.subjectPRODUCERS
dc.subjectPROFITABILITY
dc.subjectQUALITY OF SERVICE
dc.subjectQUALITY STANDARDS
dc.subjectREGULATORY REGIMES
dc.subjectREPORTING
dc.subjectSAVINGS
dc.subjectTOTAL COSTS
dc.subjectTRANSPARENCY
dc.subjectVALUATION
dc.subjectWILLINGNESS TO PAY REGULATORY INSTRUMENTS
dc.subjectREGULATORY REGIMES
dc.subjectREGULATORY FRAMEWORK
dc.subjectINVESTMENT BEHAVIOR
dc.subjectCONTRACTS
dc.subjectCAPITAL EXPENDITURES
dc.titleRegulatory Instruments and Their Effects on Investment Behavioren
dspace.entity.typePublication
okr.crosscuttingsolutionareaPublic-Private Partnerships
okr.crossref.titleRegulatory Instruments and their Effects on Investment Behavior
okr.date.doiregistration2025-04-10T09:17:23.450575Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2004/04/4129257/regulatory-instruments-effects-investment-behavior
okr.globalpracticeGovernance
okr.globalpracticeTrade and Competitiveness
okr.guid584941468780597662
okr.identifier.doi10.1596/1813-9450-3292
okr.identifier.externaldocumentum000009486_20040610134147
okr.identifier.internaldocumentum4129257
okr.identifier.reportWPS3292
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2004/06/10/000009486_20040610134147/Rendered/PDF/wps3292regulatory.pdfen
okr.topicPrivate Sector Development::Business Environment
okr.topicEconomic Theory and Research
okr.topicPublic Sector Development::Decentralization
okr.topicEnvironmental Economics and Policies
okr.topicInternational Terrorism and Counterterrorism
okr.topicPrivate Sector Development::Business in Development
okr.unitOff of Sr VP Dev Econ/Chief Econ (DECVP)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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