Regulatory Lessons from Argentina's Power Concessions

In the early 1990s, Argentina vertically separated and privatized most of its electricity industry. Transmission and distribution, considered natural monopolies, were sold by concession. The main objectives of the reforms were efficient pricing and...

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Main Authors:	Estache, Antonio, Rodriguez-Pardina, Martin
Format:	Viewpoint
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	AVERAGE PRICES CPI FORECASTS FREE RIDERS INDEXATION MARGINAL COST MARGINAL COST PRICING MARGINAL COSTS NATURAL MONOPOLY PRICE INDEX PROPERTY RIGHTS PUBLIC GOOD PUBLIC HEARINGS QUALITY STANDARDS SPOT PRICE SPOT PRICES SUNK COSTS WARRANTS WILLINGNESS TO PAY DENATIONALIZATION CONCESSIONS INVESTMENTS INDUSTRY ELECTRICITY POWER GENERATION MONOPOLIES REGULATIONS
Online Access:	http://documents.worldbank.org/curated/en/1996/09/693097/regulatory-lessons-argentinas-power-concessions http://hdl.handle.net/10986/11609

id	okr-10986-11609
recordtype	oai_dc
spelling	okr-10986-116092021-06-14T11:04:07Z Regulatory Lessons from Argentina's Power Concessions Estache, Antonio Rodriguez-Pardina, Martin AVERAGE PRICES CPI FORECASTS FREE RIDERS INDEXATION MARGINAL COST MARGINAL COST PRICING MARGINAL COSTS NATURAL MONOPOLY PRICE INDEX PROPERTY RIGHTS PUBLIC GOOD PUBLIC HEARINGS QUALITY STANDARDS SPOT PRICE SPOT PRICES SUNK COSTS WARRANTS WILLINGNESS TO PAY DENATIONALIZATION CONCESSIONS INVESTMENTS INDUSTRY ELECTRICITY POWER GENERATION MONOPOLIES REGULATIONS In the early 1990s, Argentina vertically separated and privatized most of its electricity industry. Transmission and distribution, considered natural monopolies, were sold by concession. The main objectives of the reforms were efficient pricing and production levels in the short term and enough investment to meet demand over the longer term. The authors look at the design of the regulatory features of the concession contracts and discuss the implications for long-term investment in the power sector. 2012-08-13T15:31:40Z 2012-08-13T15:31:40Z 1996-09 http://documents.worldbank.org/curated/en/1996/09/693097/regulatory-lessons-argentinas-power-concessions http://hdl.handle.net/10986/11609 English Viewpoint: Public Policy for the Private Sector; Note No. 92 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research Latin America & Caribbean Argentina
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	AVERAGE PRICES CPI FORECASTS FREE RIDERS INDEXATION MARGINAL COST MARGINAL COST PRICING MARGINAL COSTS NATURAL MONOPOLY PRICE INDEX PROPERTY RIGHTS PUBLIC GOOD PUBLIC HEARINGS QUALITY STANDARDS SPOT PRICE SPOT PRICES SUNK COSTS WARRANTS WILLINGNESS TO PAY DENATIONALIZATION CONCESSIONS INVESTMENTS INDUSTRY ELECTRICITY POWER GENERATION MONOPOLIES REGULATIONS
spellingShingle	AVERAGE PRICES CPI FORECASTS FREE RIDERS INDEXATION MARGINAL COST MARGINAL COST PRICING MARGINAL COSTS NATURAL MONOPOLY PRICE INDEX PROPERTY RIGHTS PUBLIC GOOD PUBLIC HEARINGS QUALITY STANDARDS SPOT PRICE SPOT PRICES SUNK COSTS WARRANTS WILLINGNESS TO PAY DENATIONALIZATION CONCESSIONS INVESTMENTS INDUSTRY ELECTRICITY POWER GENERATION MONOPOLIES REGULATIONS Estache, Antonio Rodriguez-Pardina, Martin Regulatory Lessons from Argentina's Power Concessions
geographic_facet	Latin America & Caribbean Argentina
relation	Viewpoint: Public Policy for the Private Sector; Note No. 92
description	In the early 1990s, Argentina vertically separated and privatized most of its electricity industry. Transmission and distribution, considered natural monopolies, were sold by concession. The main objectives of the reforms were efficient pricing and production levels in the short term and enough investment to meet demand over the longer term. The authors look at the design of the regulatory features of the concession contracts and discuss the implications for long-term investment in the power sector.
format	Publications & Research :: Viewpoint
author	Estache, Antonio Rodriguez-Pardina, Martin
author_facet	Estache, Antonio Rodriguez-Pardina, Martin
author_sort	Estache, Antonio
title	Regulatory Lessons from Argentina's Power Concessions
title_short	Regulatory Lessons from Argentina's Power Concessions
title_full	Regulatory Lessons from Argentina's Power Concessions
title_fullStr	Regulatory Lessons from Argentina's Power Concessions
title_full_unstemmed	Regulatory Lessons from Argentina's Power Concessions
title_sort	regulatory lessons from argentina's power concessions
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/1996/09/693097/regulatory-lessons-argentinas-power-concessions http://hdl.handle.net/10986/11609
_version_	1764417351559675904

Regulatory Lessons from Argentina's Power Concessions

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