Towards transaction cost regulation: insights from the Indian power generation sector
Gespeichert in:
1. Verfasser: | |
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Format: | Abschlussarbeit Buch |
Sprache: | English |
Veröffentlicht: |
Aachen
Shaker
2014
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Schriftenreihe: | Institutioneller Wandel der Landwirtschaft und Ressourcennutzung
51 |
Schlagworte: | |
Online-Zugang: | Inhaltstext Inhaltsverzeichnis |
Beschreibung: | XIV, 193 S. Ill., graph. Darst. |
ISBN: | 9783844032635 |
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TABLE OF CONTENTS
TABLE OF CONTENTS XI
LIST OF TABLES IX
LIST OF FIGURES IX
1. INTRODUCTION AND PROBLEM 1
1.1 GENESIS OF INDIAN POWER SECTOR REFORMS 2
1.2 PERSISTENT PROBLEMS 4
1.3 THESIS STRUCTURE: KEY QUESTIONS AND LEITMOTIF 8
2. THE INSTITUTIONS OF REGULATION: GOVERNANCE OVER INCENTIVES 11
2.1 MAIN STREAMS OF ECONOMIC RESEARCH ON REGULATION 11
2.1.1 'NORMATIVE ANALYSIS AS A POSITIVE THEORY': DOMINANT PARADIGM 12
2.1.2 SPECIAL INTERESTS 15
2.2 BRIEF HISTORY OF PUBLIC UTILITY REGULATION 19
2.2.1 THE THEORY OF NATURAL MONOPOLY 19
2.2.2 FRANCHISEE MODEL, EDISON AND JOHN R. COMMONS 22
2.2.3 THE 'END OF NATURAL MONOPOLY' AND WILLIAMSON'S CHALLENGE 25
2.3 REGULATORY GOVERNANCE 27
2.3.1 REGULATORY COMMITMENT 29
2.3.2 SUPPLY SIDE OF REGULATION 31
2.4 SUMMARY 33
3. METHODOLOGY: COASE, PRAGMATISM AND MICRO-ANALYTICS 35
3.1 INTRODUCTION 35
3.2 ECONOMIC METHODOLOGY: A BRIEF OVERVIEW 37
3.3 COASEAN METHODOLOGY AND NEW INSTITUTIONAL ECONOMICS 39
3.3.1 ELEMENTS OF COASE'S METHODOLOGY 39
3.3.2 WILLIAMSON'S PRAGMATIC METHODOLOGY 42
3.3.3 ABDUCTION AND PRAGMATISM 46
3.4 QUALITATIVE, CASE STUDY AND FIELD RESEARCH 48
3.5 CONCLUSION 50
HTTP://D-NB.INFO/1063658527
XII TABLE OF CONTENTS
3.6 SUMMARY OF EMPIRICAL METHODS USED 51
4. THE PROBLEM OF PRIVATE INVESTMENT: A COMPARATIVE TRANSACTION COST
ANALYSIS 53
4.1 BACKGROUND AND PROBLEM 53
4.2 NATURE OF THE INVESTMENT PROBLEM 55
4.3 WHY ECONOMICS OF GOVERNANCE? 58
4.4 THE CASES OF PRIVATE INVESTMENT IN ANDHRA PRADESH AND GUJARAT 60
4.4.1 INVESTMENT IN ANDHRA PRADESH: SUPPLY AND CONTRACTUAL HAZARDS 61
4.4.2 INVESTMENT IN GUJARAT: GAS SUPPLY AND MINIMIZING HAZARDS 63
4.4.3 SUMMARIZING THE TWO CASES 65
4.5 COAL SUPPLY RISKS AND VERTICAL INTEGRATION 67
4.6 TRANSACTION COST UNDERPINNINGS AND LESSONS LEARNT 69
4.7 CONCLUSIONS 71
APPENDIX 74
5. TRANSACTION SPECIFICITY AND ELECTRICITY SELF-GENERATION: A DISCRETE
CHOICE ANALYSIS 77
5.1 INTRODUCTION 77
5.2 BACKGROUND OF CAPTIVE POWER PRODUCTION IN INDIA 79
5.3 THE MAKE OR BUY DILEMMA? 80
5.3.1 ELECTRICITY SHORTAGES AND SELF-GENERATION 80
5.3.2 INVESTMENT DECISION FOR SELF-GENERATION 82
5.3.3 VERTICAL INTEGRATION 84
5.4 MODEL, DATA AND VARIABLES 86
5.4.1 BINARY CHOICE (PROBIT) MODEL 86
5.4.2 DATA 87
5.4.3 VARIABLES 89
5.4.4 RESULTS 91
5.4.5 DISCUSSION ! 94
5.5 CONCLUSIONS 95
APPENDIX 97
TABLE OF CONTENTS XIII
6. THERMAL EFFICIENCY AND REGULATORY GOVERNANCE: A STOCHASTIC FRONTIER
ANALYSIS 99
6.1 INTRODUCTION 99
6.2 BACKGROUND 100
6.3 LITERATURE REVIEW 102
6.3.1 EFFICIENCY OF INDIAN THERMAL POWER PLANTS 102
6.3.2 DETERMINANTS OF TECHNICAL INEFFICIENCY 103
6.3.3 ROLE OF REGULATORY GOVERNANCE 104
6.4 EMPIRICAL STRATEGY 107
6.4.1 STOCHASTIC FRONTIER FORMULATION 107
6.4.2 MODEL, DATA AND VARIABLES 108
6.4.2.1 PRODUCTION INPUTS AND OUTPUT 108
6.4.2.2 REGULATORY GOVERNANCE INDEX 109
6.4.2.3 TRANSLOG INEFFICIENCY EFFECTS MODEL 112
6.5 RESULTS 113
6.5.1 ESTIMATED MODEL PARAMETERS 113
6.5.2 TECHNICAL EFFICIENCY ANALYSIS 116
6.5.3 DISCUSSION ON REGULATORY DETERMINANTS OF TECHNICAL INEFFICIENCY.
117
6.6 CONCLUSIONS 118
7. REGULATORY COMMITMENT REVISITED 127
7.1 INTRODUCTION 127
7.2 COMMITMENT, PUBLIC INFORMATION AND STAKEHOLDER MODELS 128
7.3 AN ACTOR-CENTERED GAME BASED ILLUSTRATION 132
7.3.1 THE MODEL 134
7.4 THE CASE OF PRIVATE INVESTMENT IN ANDHRA PRADESH, INDIA 139
7.4.1 THE ROLE OF CIVIL SOCIETY ACTORS AND REGULATORY DECISION 141
7.5 DISCUSSION: INSTITUTIONS FOR INFORMATION PRODUCTION 143
7.5.1 LONG RUN EQUILIBRIUM 143
7.5.2 CONDITIONS FOR LONG RUN EQUILIBRIUM: PUBLIC INFORMATION 145
7.6 CONCLUSIONS 146
XIV TABLE OF CONTENTS
APPENDIX 147
8. CONCLUSIONS AND THE WAY FORWARD 151
SYNOPSIS OF RESEARCH FINDINGS 151
8.1 SUMMARY 151
8.2 POLICY IMPLICATIONS 154
8.3 SUMMUM BONUM: TRANSACTION COST REGULATION 155
8.4 LIMITATIONS AND FUTURE SCOPE 156
REFERENCES 159
ANNEXURE 173
A. DESCRIPTIVE STATISTICS AND INFORMATION ON PRIMARY DATA 173
B. CAPTIVE POWER SURVEY: STEP-BY-STEP EXPLANATION 175
C. QUESTIONNAIRE: INDUSTRIAL SURVEY 184
D. DESCRIPTIVE STATISTICS OF THERMAL POWER PLANTS AND EFFICIENCY 191 |
any_adam_object | 1 |
author | Ghosh, Ranjan Kumar 1981- |
author_GND | (DE-588)1066702608 |
author_facet | Ghosh, Ranjan Kumar 1981- |
author_role | aut |
author_sort | Ghosh, Ranjan Kumar 1981- |
author_variant | r k g rk rkg |
building | Verbundindex |
bvnumber | BV042337609 |
classification_tum | WIR 041d WIR 040d GEO 262d ERG 040d |
ctrlnum | (OCoLC)899146580 (DE-599)DNB1063658527 |
dewey-full | 333.7932310954 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 333 - Economics of land and energy |
dewey-raw | 333.7932310954 |
dewey-search | 333.7932310954 |
dewey-sort | 3333.7932310954 |
dewey-tens | 330 - Economics |
discipline | Geowissenschaften Energietechnik, Energiewirtschaft Wirtschaftswissenschaften |
format | Thesis Book |
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id | DE-604.BV042337609 |
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institution | BVB |
isbn | 9783844032635 |
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spelling | Ghosh, Ranjan Kumar 1981- Verfasser (DE-588)1066702608 aut Towards transaction cost regulation insights from the Indian power generation sector Ranjan Kumar Ghosh Aachen Shaker 2014 XIV, 193 S. Ill., graph. Darst. txt rdacontent n rdamedia nc rdacarrier Institutioneller Wandel der Landwirtschaft und Ressourcennutzung 51 Zugl.: Berlin, Humboldt-Univ., Diss., 2014 Effizienz (DE-588)4013585-8 gnd rswk-swf Deregulierung (DE-588)4201191-7 gnd rswk-swf Transaktionskosten (DE-588)4060619-3 gnd rswk-swf Elektrizitätserzeugung (DE-588)4133665-3 gnd rswk-swf Privatisierung (DE-588)4047297-8 gnd rswk-swf Elektrizitätswirtschaft (DE-588)4014228-0 gnd rswk-swf Indien (DE-588)4026722-2 gnd rswk-swf (DE-588)4113937-9 Hochschulschrift gnd-content Indien (DE-588)4026722-2 g Elektrizitätswirtschaft (DE-588)4014228-0 s Deregulierung (DE-588)4201191-7 s Privatisierung (DE-588)4047297-8 s Elektrizitätserzeugung (DE-588)4133665-3 s Transaktionskosten (DE-588)4060619-3 s Effizienz (DE-588)4013585-8 s DE-604 Institutioneller Wandel der Landwirtschaft und Ressourcennutzung 51 (DE-604)BV013745983 51 X:MVB text/html http://deposit.dnb.de/cgi-bin/dokserv?id=5101991&prov=M&dok_var=1&dok_ext=htm Inhaltstext DNB Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027774205&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
spellingShingle | Ghosh, Ranjan Kumar 1981- Towards transaction cost regulation insights from the Indian power generation sector Institutioneller Wandel der Landwirtschaft und Ressourcennutzung Effizienz (DE-588)4013585-8 gnd Deregulierung (DE-588)4201191-7 gnd Transaktionskosten (DE-588)4060619-3 gnd Elektrizitätserzeugung (DE-588)4133665-3 gnd Privatisierung (DE-588)4047297-8 gnd Elektrizitätswirtschaft (DE-588)4014228-0 gnd |
subject_GND | (DE-588)4013585-8 (DE-588)4201191-7 (DE-588)4060619-3 (DE-588)4133665-3 (DE-588)4047297-8 (DE-588)4014228-0 (DE-588)4026722-2 (DE-588)4113937-9 |
title | Towards transaction cost regulation insights from the Indian power generation sector |
title_auth | Towards transaction cost regulation insights from the Indian power generation sector |
title_exact_search | Towards transaction cost regulation insights from the Indian power generation sector |
title_full | Towards transaction cost regulation insights from the Indian power generation sector Ranjan Kumar Ghosh |
title_fullStr | Towards transaction cost regulation insights from the Indian power generation sector Ranjan Kumar Ghosh |
title_full_unstemmed | Towards transaction cost regulation insights from the Indian power generation sector Ranjan Kumar Ghosh |
title_short | Towards transaction cost regulation |
title_sort | towards transaction cost regulation insights from the indian power generation sector |
title_sub | insights from the Indian power generation sector |
topic | Effizienz (DE-588)4013585-8 gnd Deregulierung (DE-588)4201191-7 gnd Transaktionskosten (DE-588)4060619-3 gnd Elektrizitätserzeugung (DE-588)4133665-3 gnd Privatisierung (DE-588)4047297-8 gnd Elektrizitätswirtschaft (DE-588)4014228-0 gnd |
topic_facet | Effizienz Deregulierung Transaktionskosten Elektrizitätserzeugung Privatisierung Elektrizitätswirtschaft Indien Hochschulschrift |
url | http://deposit.dnb.de/cgi-bin/dokserv?id=5101991&prov=M&dok_var=1&dok_ext=htm http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027774205&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
volume_link | (DE-604)BV013745983 |
work_keys_str_mv | AT ghoshranjankumar towardstransactioncostregulationinsightsfromtheindianpowergenerationsector |