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Kirkpatrick, Colin; Zhang, Yin-Fang. |
Regulatory impact assessment (RIA) involves a systematic appraisal of the costs and benefits associated with a proposed new regulation and evaluation of the performance of existing regulations. So far, most research has been concerned with the adoption of RIA in OECD countries. The purpose of this paper is to assess the co tribution that RIA can make to "better regulation" in developing and transition economies. The results reported in this paper from a survey of RIA use in a sample of developing and transition countries suggest that a growing number of low and middle-income countries are beginning to apply some form of regulatory assessment, but that the methods adopted are partial in their application and are not systematically applied across government.... |
Tipo: Working or Discussion Paper |
Palavras-chave: Regulatory impact assessment; Transition economies; Developing countries; Capacity building.; Public Economics. |
Ano: 2004 |
URL: http://purl.umn.edu/30673 |
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Kirkpatrick, Colin; Parker, David; Zhang, Yin-Fang. |
Rate of return or cost of service regulation was the traditional means by which governments, especially in the USA, regulated profitability and prices in privately-owned public utility businesses. However, rate of return regulation was associated with efficiency disincentives. Hence, in 1983 Professor Stephen Littlechild recommended the use of a price cap to regulate British Telecom when it was privatised. Price caps were later introduced for other privatised utilities in the UK, namely gas, airports, water, electricity and the railways. Similarly, other countries that privatised their utility sectors in the 1980s and 1990s often introduced price cap regimes. This paper reports the results of a questionnaire survey of the methods used to regulate profits... |
Tipo: Working or Discussion Paper |
Palavras-chave: Developing economies; Transition economies; Regulation; Rate of return; Price cap.; Demand and Price Analysis. |
Ano: 2004 |
URL: http://purl.umn.edu/30596 |
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Zhang, Yin-Fang; Kirkpatrick, Colin; Parker, David. |
Over the last two decades electricity sectors in both developed and developing countries have been subject to restructuring to introduce private capital and increase competition. This has been accompanied by the introduction of new regulatory regimes. Although the effects of such reforms in a number of the developed economies are now well documented, apart from a few case studies, the experience of developing countries is much less well researched. This is important because privatisation, competition and the reform of state regulation are key themes in donor aid programmes, notably of the World Bank. This paper provides an econometric assessment of the effects of privatisation, competition and regulation on the performance of the electricity generation... |
Tipo: Working or Discussion Paper |
Palavras-chave: Public Economics. |
Ano: 2002 |
URL: http://purl.umn.edu/30593 |
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Kirkpatrick, Colin; Parker, David; Zhang, Yin-Fang. |
Under pressure from donor agencies such as the World Bank, a number of developing countries have experimented with the privatisation of water services. This study reviews the existing econometric evidence on the effects of water privatisation in developing economies before presenting new results using statistical, data envelopment analysis (DEA) and stochastic cost frontier techniques and data from Africa. The study finds evidence of better performance in private utilities compared to state-owned utilities according to the statistical and DEA performance measures. But no statistically significant cost differences were discovered between private and public suppliers in the stochastic cost frontier analysis. The paper then considers reasons why water... |
Tipo: Working or Discussion Paper |
Palavras-chave: Resource /Energy Economics and Policy. |
Ano: 2004 |
URL: http://purl.umn.edu/30604 |
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