Regulation, industry structure and performance in the electricity supply industry:

This article seeks to assess the impact of liberalisation and privatisation on performance in the generation segment of the electricity supply industry. Regulatory indicators for a panel of 19 OECD countries over a 10 year time period were constructed to examine the influence of regulatory reform on...

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Bibliographic Details
Main Author: Steiner, Faye (Author)
Format: Electronic Book Chapter
Language:English
Published: Paris OECD Publishing 2003
Subjects:
Online Access:DE-384
DE-473
DE-824
DE-29
DE-739
DE-355
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DE-1028
DE-1049
DE-521
DE-861
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Summary:This article seeks to assess the impact of liberalisation and privatisation on performance in the generation segment of the electricity supply industry. Regulatory indicators for a panel of 19 OECD countries over a 10 year time period were constructed to examine the influence of regulatory reform on efficiency and price, and to assess the relative efficacy of different reform strategies. The presence of data with both cross-country and time-series dimensions allows separate identification of country specific and regulatory effects. The primary findings are that while changes in legal rules may be slow to translate into changes in conduct, unbundling of generation, private ownership, expanded access to transmission networks, and the introduction of electricity markets impact various aspects of performance in a statistically significant way
Physical Description:1 Online-Ressource (55 Seiten)
DOI:10.1787/eco_studies-v2001-art5-en

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