Regulatory Effectiveness and the Empirical Impact of Variations in Regulatory Governance : Electricity Industry Capacity and Efficiency in Developing Countries
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
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dig-okr-1098688722024-08-08T17:25:51Z Regulatory Effectiveness and the Empirical Impact of Variations in Regulatory Governance : Electricity Industry Capacity and Efficiency in Developing Countries Cubbin, John Stern, John ACCOUNTABILITY AUTONOMY BANKS BENCHMARK BUDGET CONSTRAINTS CAPACITY/ CENTRAL BANK CENTRAL BANKS CIVIL SERVICE COAL CORRUPTION COST OF CAPITAL DATA COLLECTION DATA SOURCES DEBT DECISION-MAKING DEVELOPMENT AGENCIES DISEQUILIBRIUM ECONOMETRIC ANALYSIS ECONOMIC GROWTH ECONOMIC HISTORIANS ECONOMICS ECONOMISTS ELASTICITIES ELASTICITY ELECTIONS ELECTRICITY DEMAND ELECTRICITY GENERATION EMPIRICAL ANALYSIS EMPIRICAL STUDIES EQUILIBRIUM EXCHANGE RATE EXOGENOUS VARIABLES GDP GDP PER CAPITA INCOME INFLATION INSTITUTIONAL CHANGE INSTITUTIONAL DESIGN LABOR PRODUCTIVITY LAWS LEGISLATION LIVING STANDARDS MARKET ECONOMIES MIDDLE INCOME COUNTRIES MONETARY POLICY NATIONAL INCOME OIL PER CAPITA INCOME POLICY DECISIONS POLICY RESEARCH PRIVATIZATION PRODUCTIVITY PUBLIC EXPENDITURE REAL GDP REAL INCOME REGIONAL BANKS REGULATORY AGENCIES REGULATORY AGENCY REGULATORY FRAMEWORK REGULATORY REFORM SEWAGE SUBSIDIARY TAX REVENUE TELECOMMUNICATIONS TELECOMS TIME SERIES TRANSITION ECONOMIES TRANSPORT VALUE ADDED 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 2012-06-22T20:45:15Z 2012-06-22T20:45:15Z 2005-03 http://documents.worldbank.org/curated/en/2005/03/5650345/regulatory-effectiveness-empirical-impact-variations-regulatory-governance-electricity-industry-capacity-efficiency-developing-countries https://hdl.handle.net/10986/8872 English Policy Research Working Paper; No. 3535 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank application/pdf text/plain World Bank, Washington, DC |
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Banco Mundial |
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DSpace |
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Estados Unidos |
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US |
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Bibliográfico |
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En linea |
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dig-okr |
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biblioteca |
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America del Norte |
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Biblioteca del Banco Mundial |
| language |
English |
| topic |
ACCOUNTABILITY AUTONOMY BANKS BENCHMARK BUDGET CONSTRAINTS CAPACITY/ CENTRAL BANK CENTRAL BANKS CIVIL SERVICE COAL CORRUPTION COST OF CAPITAL DATA COLLECTION DATA SOURCES DEBT DECISION-MAKING DEVELOPMENT AGENCIES DISEQUILIBRIUM ECONOMETRIC ANALYSIS ECONOMIC GROWTH ECONOMIC HISTORIANS ECONOMICS ECONOMISTS ELASTICITIES ELASTICITY ELECTIONS ELECTRICITY DEMAND ELECTRICITY GENERATION EMPIRICAL ANALYSIS EMPIRICAL STUDIES EQUILIBRIUM EXCHANGE RATE EXOGENOUS VARIABLES GDP GDP PER CAPITA INCOME INFLATION INSTITUTIONAL CHANGE INSTITUTIONAL DESIGN LABOR PRODUCTIVITY LAWS LEGISLATION LIVING STANDARDS MARKET ECONOMIES MIDDLE INCOME COUNTRIES MONETARY POLICY NATIONAL INCOME OIL PER CAPITA INCOME POLICY DECISIONS POLICY RESEARCH PRIVATIZATION PRODUCTIVITY PUBLIC EXPENDITURE REAL GDP REAL INCOME REGIONAL BANKS REGULATORY AGENCIES REGULATORY AGENCY REGULATORY FRAMEWORK REGULATORY REFORM SEWAGE SUBSIDIARY TAX REVENUE TELECOMMUNICATIONS TELECOMS TIME SERIES TRANSITION ECONOMIES TRANSPORT VALUE ADDED ACCOUNTABILITY AUTONOMY BANKS BENCHMARK BUDGET CONSTRAINTS CAPACITY/ CENTRAL BANK CENTRAL BANKS CIVIL SERVICE COAL CORRUPTION COST OF CAPITAL DATA COLLECTION DATA SOURCES DEBT DECISION-MAKING DEVELOPMENT AGENCIES DISEQUILIBRIUM ECONOMETRIC ANALYSIS ECONOMIC GROWTH ECONOMIC HISTORIANS ECONOMICS ECONOMISTS ELASTICITIES ELASTICITY ELECTIONS ELECTRICITY DEMAND ELECTRICITY GENERATION EMPIRICAL ANALYSIS EMPIRICAL STUDIES EQUILIBRIUM EXCHANGE RATE EXOGENOUS VARIABLES GDP GDP PER CAPITA INCOME INFLATION INSTITUTIONAL CHANGE INSTITUTIONAL DESIGN LABOR PRODUCTIVITY LAWS LEGISLATION LIVING STANDARDS MARKET ECONOMIES MIDDLE INCOME COUNTRIES MONETARY POLICY NATIONAL INCOME OIL PER CAPITA INCOME POLICY DECISIONS POLICY RESEARCH PRIVATIZATION PRODUCTIVITY PUBLIC EXPENDITURE REAL GDP REAL INCOME REGIONAL BANKS REGULATORY AGENCIES REGULATORY AGENCY REGULATORY FRAMEWORK REGULATORY REFORM SEWAGE SUBSIDIARY TAX REVENUE TELECOMMUNICATIONS TELECOMS TIME SERIES TRANSITION ECONOMIES TRANSPORT VALUE ADDED |
| spellingShingle |
ACCOUNTABILITY AUTONOMY BANKS BENCHMARK BUDGET CONSTRAINTS CAPACITY/ CENTRAL BANK CENTRAL BANKS CIVIL SERVICE COAL CORRUPTION COST OF CAPITAL DATA COLLECTION DATA SOURCES DEBT DECISION-MAKING DEVELOPMENT AGENCIES DISEQUILIBRIUM ECONOMETRIC ANALYSIS ECONOMIC GROWTH ECONOMIC HISTORIANS ECONOMICS ECONOMISTS ELASTICITIES ELASTICITY ELECTIONS ELECTRICITY DEMAND ELECTRICITY GENERATION EMPIRICAL ANALYSIS EMPIRICAL STUDIES EQUILIBRIUM EXCHANGE RATE EXOGENOUS VARIABLES GDP GDP PER CAPITA INCOME INFLATION INSTITUTIONAL CHANGE INSTITUTIONAL DESIGN LABOR PRODUCTIVITY LAWS LEGISLATION LIVING STANDARDS MARKET ECONOMIES MIDDLE INCOME COUNTRIES MONETARY POLICY NATIONAL INCOME OIL PER CAPITA INCOME POLICY DECISIONS POLICY RESEARCH PRIVATIZATION PRODUCTIVITY PUBLIC EXPENDITURE REAL GDP REAL INCOME REGIONAL BANKS REGULATORY AGENCIES REGULATORY AGENCY REGULATORY FRAMEWORK REGULATORY REFORM SEWAGE SUBSIDIARY TAX REVENUE TELECOMMUNICATIONS TELECOMS TIME SERIES TRANSITION ECONOMIES TRANSPORT VALUE ADDED ACCOUNTABILITY AUTONOMY BANKS BENCHMARK BUDGET CONSTRAINTS CAPACITY/ CENTRAL BANK CENTRAL BANKS CIVIL SERVICE COAL CORRUPTION COST OF CAPITAL DATA COLLECTION DATA SOURCES DEBT DECISION-MAKING DEVELOPMENT AGENCIES DISEQUILIBRIUM ECONOMETRIC ANALYSIS ECONOMIC GROWTH ECONOMIC HISTORIANS ECONOMICS ECONOMISTS ELASTICITIES ELASTICITY ELECTIONS ELECTRICITY DEMAND ELECTRICITY GENERATION EMPIRICAL ANALYSIS EMPIRICAL STUDIES EQUILIBRIUM EXCHANGE RATE EXOGENOUS VARIABLES GDP GDP PER CAPITA INCOME INFLATION INSTITUTIONAL CHANGE INSTITUTIONAL DESIGN LABOR PRODUCTIVITY LAWS LEGISLATION LIVING STANDARDS MARKET ECONOMIES MIDDLE INCOME COUNTRIES MONETARY POLICY NATIONAL INCOME OIL PER CAPITA INCOME POLICY DECISIONS POLICY RESEARCH PRIVATIZATION PRODUCTIVITY PUBLIC EXPENDITURE REAL GDP REAL INCOME REGIONAL BANKS REGULATORY AGENCIES REGULATORY AGENCY REGULATORY FRAMEWORK REGULATORY REFORM SEWAGE SUBSIDIARY TAX REVENUE TELECOMMUNICATIONS TELECOMS TIME SERIES TRANSITION ECONOMIES TRANSPORT VALUE ADDED Cubbin, John Stern, John Regulatory Effectiveness and the Empirical Impact of Variations in Regulatory Governance : Electricity Industry Capacity and Efficiency in Developing Countries |
| description |
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 |
| topic_facet |
ACCOUNTABILITY AUTONOMY BANKS BENCHMARK BUDGET CONSTRAINTS CAPACITY/ CENTRAL BANK CENTRAL BANKS CIVIL SERVICE COAL CORRUPTION COST OF CAPITAL DATA COLLECTION DATA SOURCES DEBT DECISION-MAKING DEVELOPMENT AGENCIES DISEQUILIBRIUM ECONOMETRIC ANALYSIS ECONOMIC GROWTH ECONOMIC HISTORIANS ECONOMICS ECONOMISTS ELASTICITIES ELASTICITY ELECTIONS ELECTRICITY DEMAND ELECTRICITY GENERATION EMPIRICAL ANALYSIS EMPIRICAL STUDIES EQUILIBRIUM EXCHANGE RATE EXOGENOUS VARIABLES GDP GDP PER CAPITA INCOME INFLATION INSTITUTIONAL CHANGE INSTITUTIONAL DESIGN LABOR PRODUCTIVITY LAWS LEGISLATION LIVING STANDARDS MARKET ECONOMIES MIDDLE INCOME COUNTRIES MONETARY POLICY NATIONAL INCOME OIL PER CAPITA INCOME POLICY DECISIONS POLICY RESEARCH PRIVATIZATION PRODUCTIVITY PUBLIC EXPENDITURE REAL GDP REAL INCOME REGIONAL BANKS REGULATORY AGENCIES REGULATORY AGENCY REGULATORY FRAMEWORK REGULATORY REFORM SEWAGE SUBSIDIARY TAX REVENUE TELECOMMUNICATIONS TELECOMS TIME SERIES TRANSITION ECONOMIES TRANSPORT VALUE ADDED |
| author |
Cubbin, John Stern, John |
| author_facet |
Cubbin, John Stern, John |
| author_sort |
Cubbin, John |
| title |
Regulatory Effectiveness and the Empirical Impact of Variations in Regulatory Governance : Electricity Industry Capacity and Efficiency in Developing Countries |
| title_short |
Regulatory Effectiveness and the Empirical Impact of Variations in Regulatory Governance : Electricity Industry Capacity and Efficiency in Developing Countries |
| title_full |
Regulatory Effectiveness and the Empirical Impact of Variations in Regulatory Governance : Electricity Industry Capacity and Efficiency in Developing Countries |
| title_fullStr |
Regulatory Effectiveness and the Empirical Impact of Variations in Regulatory Governance : Electricity Industry Capacity and Efficiency in Developing Countries |
| title_full_unstemmed |
Regulatory Effectiveness and the Empirical Impact of Variations in Regulatory Governance : Electricity Industry Capacity and Efficiency in Developing Countries |
| title_sort |
regulatory effectiveness and the empirical impact of variations in regulatory governance : electricity industry capacity and efficiency in developing countries |
| publisher |
World Bank, Washington, DC |
| publishDate |
2005-03 |
| url |
http://documents.worldbank.org/curated/en/2005/03/5650345/regulatory-effectiveness-empirical-impact-variations-regulatory-governance-electricity-industry-capacity-efficiency-developing-countries https://hdl.handle.net/10986/8872 |
| work_keys_str_mv |
AT cubbinjohn regulatoryeffectivenessandtheempiricalimpactofvariationsinregulatorygovernanceelectricityindustrycapacityandefficiencyindevelopingcountries AT sternjohn regulatoryeffectivenessandtheempiricalimpactofvariationsinregulatorygovernanceelectricityindustrycapacityandefficiencyindevelopingcountries |
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1807155761118183424 |