This report looks into the relation between the establishment of a regulatory agency and the performance of the electricity sector using regression analysis. The authors exploit a unique dataset comprising firm-level information on a representative sample of 220 electric utilities from 51 development and transition countries for the years 1985 to 2005. Their results indicate that regulatory agencies are associated with more efficient firms and with higher social welfare.
Regulatory Governance and Sector Performance: Methodology and Evaluation for Electricity Distribution in Latin America
This paper analyses the outcomes from dynamic pricing of a utility on its profits, in the context of the utility facing competitive fringe, short-run network adjustment costs, theft of service, and the threat of a retaliatory regulatory review.
Political Accountability and Regulatory Performance in Infrastructure Industries : An Empirical Analysis
This paper uses data from the world bank performance database and the electricity regulatory governance database using electricity company data to the develop the literature that explores the link between regulatory governance and sector performance.