Regulatory Governance And Sector Performance: Methodology And Evaluation For Electricity Distribution In Latin America
This paper contributes to the literature that explores the link between regulatory governance and sector performance. The paper develops an index of regulatory governance and estimates its impact on sector performance, showing that indeed regulation and its governance matter. The authors use two uni...
Gespeichert in:
1. Verfasser: | |
---|---|
Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
The World Bank
2008
|
Schlagworte: | |
Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 Volltext |
Zusammenfassung: | This paper contributes to the literature that explores the link between regulatory governance and sector performance. The paper develops an index of regulatory governance and estimates its impact on sector performance, showing that indeed regulation and its governance matter. The authors use two unique databases: (i) the World Bank Performance Database, which contains detailed annual data for 250 private and public electricity companies in Latin America and the Caribbean; and (ii) the Electricity Regulatory Governance Database, which contains data on several aspects of the governance of electricity agencies in the region. The authors run different models to explain the impacts of change in ownership and different characteristics of the regulatory agency on the performance of the utilities. The results suggest that the mere existence of a regulatory agency, regardless of the utilities' ownership, has a significant impact on performance. Furthermore, after controlling for the existence of a regulatory agency, the ownership dummies are still significant and with the expected signs. The authors propose an experience measure in order to identify the gradual impact of the regulatory agency on utility performance. The results confirm this hypothesis. In addition, the paper explores two different measures of governance, an aggregate measure of regulatory governance, and an index based on principal components, including autonomy, transparency, and accountability. The findings show that the governance of regulatory agencies matters and has significant effects on performance |
Beschreibung: | 1 Online-Ressource (33 Seiten)) |
Internformat
MARC
LEADER | 00000nmm a22000001c 4500 | ||
---|---|---|---|
001 | BV049074128 | ||
003 | DE-604 | ||
005 | 00000000000000.0 | ||
007 | cr|uuu---uuuuu | ||
008 | 230731s2008 xxu|||| o||u| ||||||eng d | ||
035 | |a (ZDB-1-WBA)093230451 | ||
035 | |a (OCoLC)1392145044 | ||
035 | |a (DE-599)GBVNLM005466601 | ||
040 | |a DE-604 |b ger | ||
041 | 0 | |a eng | |
044 | |a xxu |c XD-US | ||
049 | |a DE-12 |a DE-521 |a DE-573 |a DE-523 |a DE-Re13 | ||
100 | 1 | |a Andres, Luis |e Verfasser |4 aut | |
245 | 1 | 0 | |a Regulatory Governance And Sector Performance |b Methodology And Evaluation For Electricity Distribution In Latin America |c Andres, Luis |
264 | 1 | |a Washington, D.C |b The World Bank |c 2008 | |
300 | |a 1 Online-Ressource (33 Seiten)) | ||
336 | |b txt |2 rdacontent | ||
337 | |b c |2 rdamedia | ||
338 | |b cr |2 rdacarrier | ||
520 | 3 | |a This paper contributes to the literature that explores the link between regulatory governance and sector performance. The paper develops an index of regulatory governance and estimates its impact on sector performance, showing that indeed regulation and its governance matter. The authors use two unique databases: (i) the World Bank Performance Database, which contains detailed annual data for 250 private and public electricity companies in Latin America and the Caribbean; and (ii) the Electricity Regulatory Governance Database, which contains data on several aspects of the governance of electricity agencies in the region. The authors run different models to explain the impacts of change in ownership and different characteristics of the regulatory agency on the performance of the utilities. The results suggest that the mere existence of a regulatory agency, regardless of the utilities' ownership, has a significant impact on performance. Furthermore, after controlling for the existence of a regulatory agency, the ownership dummies are still significant and with the expected signs. The authors propose an experience measure in order to identify the gradual impact of the regulatory agency on utility performance. The results confirm this hypothesis. In addition, the paper explores two different measures of governance, an aggregate measure of regulatory governance, and an index based on principal components, including autonomy, transparency, and accountability. The findings show that the governance of regulatory agencies matters and has significant effects on performance | |
533 | |a Online-Ausg | ||
650 | 4 | |a Accountability | |
650 | 4 | |a Banks and Banking Reform | |
650 | 4 | |a Disclosure | |
650 | 4 | |a Emerging Markets | |
650 | 4 | |a Governance | |
650 | 4 | |a Governance Indicators | |
650 | 4 | |a Governance indicators | |
650 | 4 | |a Infrastructure Economics and Finance | |
650 | 4 | |a Infrastructure Regulation | |
650 | 4 | |a Institutional development | |
650 | 4 | |a Judiciary | |
650 | 4 | |a Legal framework | |
650 | 4 | |a National Governance | |
650 | 4 | |a Private Sector Development | |
650 | 4 | |a Regulatory agency | |
650 | 4 | |a Regulatory instruments | |
650 | 4 | |a Regulatory policy | |
650 | 4 | |a Transparency | |
700 | 1 | |a Guasch, Jose Luis |e Sonstige |4 oth | |
700 | 1 | |a Andres, Luis |e Sonstige |4 oth | |
700 | 1 | |a Azumendi, Sebastian Lopez |e Sonstige |4 oth | |
776 | 0 | 8 | |i Andres, Luis |a Regulatory Governance And Sector Performance |
856 | 4 | 0 | |u http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4494 |x Verlag |z URL des Erstveröffentlichers |3 Volltext |
912 | |a ZDB-1-WBA | ||
999 | |a oai:aleph.bib-bvb.de:BVB01-034336019 | ||
966 | e | |u http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4494 |l BSB01 |p ZDB-1-WBA |x Verlag |3 Volltext | |
966 | e | |u http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4494 |l EUV01 |p ZDB-1-WBA |x Verlag |3 Volltext | |
966 | e | |u http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4494 |l HTW01 |p ZDB-1-WBA |x Verlag |3 Volltext | |
966 | e | |u http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4494 |l FHI01 |p ZDB-1-WBA |x Verlag |3 Volltext | |
966 | e | |u http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4494 |l IOS01 |p ZDB-1-WBA |x Verlag |3 Volltext |
Datensatz im Suchindex
_version_ | 1804185391154069504 |
---|---|
adam_txt | |
any_adam_object | |
any_adam_object_boolean | |
author | Andres, Luis |
author_facet | Andres, Luis |
author_role | aut |
author_sort | Andres, Luis |
author_variant | l a la |
building | Verbundindex |
bvnumber | BV049074128 |
collection | ZDB-1-WBA |
ctrlnum | (ZDB-1-WBA)093230451 (OCoLC)1392145044 (DE-599)GBVNLM005466601 |
discipline | Wirtschaftswissenschaften |
discipline_str_mv | Wirtschaftswissenschaften |
format | Electronic eBook |
fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>04159nmm a22006371c 4500</leader><controlfield tag="001">BV049074128</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">00000000000000.0</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">230731s2008 xxu|||| o||u| ||||||eng d</controlfield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-1-WBA)093230451</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1392145044</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)GBVNLM005466601</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">xxu</subfield><subfield code="c">XD-US</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-12</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-523</subfield><subfield code="a">DE-Re13</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Andres, Luis</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Regulatory Governance And Sector Performance</subfield><subfield code="b">Methodology And Evaluation For Electricity Distribution In Latin America</subfield><subfield code="c">Andres, Luis</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Washington, D.C</subfield><subfield code="b">The World Bank</subfield><subfield code="c">2008</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (33 Seiten))</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="520" ind1="3" ind2=" "><subfield code="a">This paper contributes to the literature that explores the link between regulatory governance and sector performance. The paper develops an index of regulatory governance and estimates its impact on sector performance, showing that indeed regulation and its governance matter. The authors use two unique databases: (i) the World Bank Performance Database, which contains detailed annual data for 250 private and public electricity companies in Latin America and the Caribbean; and (ii) the Electricity Regulatory Governance Database, which contains data on several aspects of the governance of electricity agencies in the region. The authors run different models to explain the impacts of change in ownership and different characteristics of the regulatory agency on the performance of the utilities. The results suggest that the mere existence of a regulatory agency, regardless of the utilities' ownership, has a significant impact on performance. Furthermore, after controlling for the existence of a regulatory agency, the ownership dummies are still significant and with the expected signs. The authors propose an experience measure in order to identify the gradual impact of the regulatory agency on utility performance. The results confirm this hypothesis. In addition, the paper explores two different measures of governance, an aggregate measure of regulatory governance, and an index based on principal components, including autonomy, transparency, and accountability. The findings show that the governance of regulatory agencies matters and has significant effects on performance</subfield></datafield><datafield tag="533" ind1=" " ind2=" "><subfield code="a">Online-Ausg</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Accountability</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Banks and Banking Reform</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Disclosure</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Emerging Markets</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Governance</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Governance Indicators</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Governance indicators</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Infrastructure Economics and Finance</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Infrastructure Regulation</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Institutional development</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Judiciary</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Legal framework</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">National Governance</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Private Sector Development</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Regulatory agency</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Regulatory instruments</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Regulatory policy</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Transparency</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Guasch, Jose Luis</subfield><subfield code="e">Sonstige</subfield><subfield code="4">oth</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Andres, Luis</subfield><subfield code="e">Sonstige</subfield><subfield code="4">oth</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Azumendi, Sebastian Lopez</subfield><subfield code="e">Sonstige</subfield><subfield code="4">oth</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Andres, Luis</subfield><subfield code="a">Regulatory Governance And Sector Performance</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4494</subfield><subfield code="x">Verlag</subfield><subfield code="z">URL des Erstveröffentlichers</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-1-WBA</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-034336019</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4494</subfield><subfield code="l">BSB01</subfield><subfield code="p">ZDB-1-WBA</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4494</subfield><subfield code="l">EUV01</subfield><subfield code="p">ZDB-1-WBA</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4494</subfield><subfield code="l">HTW01</subfield><subfield code="p">ZDB-1-WBA</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4494</subfield><subfield code="l">FHI01</subfield><subfield code="p">ZDB-1-WBA</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4494</subfield><subfield code="l">IOS01</subfield><subfield code="p">ZDB-1-WBA</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield></record></collection> |
id | DE-604.BV049074128 |
illustrated | Not Illustrated |
index_date | 2024-07-03T22:27:45Z |
indexdate | 2024-07-10T09:54:29Z |
institution | BVB |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-034336019 |
oclc_num | 1392145044 |
open_access_boolean | |
owner | DE-12 DE-521 DE-573 DE-523 DE-Re13 DE-BY-UBR |
owner_facet | DE-12 DE-521 DE-573 DE-523 DE-Re13 DE-BY-UBR |
physical | 1 Online-Ressource (33 Seiten)) |
psigel | ZDB-1-WBA |
publishDate | 2008 |
publishDateSearch | 2008 |
publishDateSort | 2008 |
publisher | The World Bank |
record_format | marc |
spelling | Andres, Luis Verfasser aut Regulatory Governance And Sector Performance Methodology And Evaluation For Electricity Distribution In Latin America Andres, Luis Washington, D.C The World Bank 2008 1 Online-Ressource (33 Seiten)) txt rdacontent c rdamedia cr rdacarrier This paper contributes to the literature that explores the link between regulatory governance and sector performance. The paper develops an index of regulatory governance and estimates its impact on sector performance, showing that indeed regulation and its governance matter. The authors use two unique databases: (i) the World Bank Performance Database, which contains detailed annual data for 250 private and public electricity companies in Latin America and the Caribbean; and (ii) the Electricity Regulatory Governance Database, which contains data on several aspects of the governance of electricity agencies in the region. The authors run different models to explain the impacts of change in ownership and different characteristics of the regulatory agency on the performance of the utilities. The results suggest that the mere existence of a regulatory agency, regardless of the utilities' ownership, has a significant impact on performance. Furthermore, after controlling for the existence of a regulatory agency, the ownership dummies are still significant and with the expected signs. The authors propose an experience measure in order to identify the gradual impact of the regulatory agency on utility performance. The results confirm this hypothesis. In addition, the paper explores two different measures of governance, an aggregate measure of regulatory governance, and an index based on principal components, including autonomy, transparency, and accountability. The findings show that the governance of regulatory agencies matters and has significant effects on performance Online-Ausg Accountability Banks and Banking Reform Disclosure Emerging Markets Governance Governance Indicators Governance indicators Infrastructure Economics and Finance Infrastructure Regulation Institutional development Judiciary Legal framework National Governance Private Sector Development Regulatory agency Regulatory instruments Regulatory policy Transparency Guasch, Jose Luis Sonstige oth Andres, Luis Sonstige oth Azumendi, Sebastian Lopez Sonstige oth Andres, Luis Regulatory Governance And Sector Performance http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4494 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Andres, Luis Regulatory Governance And Sector Performance Methodology And Evaluation For Electricity Distribution In Latin America Accountability Banks and Banking Reform Disclosure Emerging Markets Governance Governance Indicators Governance indicators Infrastructure Economics and Finance Infrastructure Regulation Institutional development Judiciary Legal framework National Governance Private Sector Development Regulatory agency Regulatory instruments Regulatory policy Transparency |
title | Regulatory Governance And Sector Performance Methodology And Evaluation For Electricity Distribution In Latin America |
title_auth | Regulatory Governance And Sector Performance Methodology And Evaluation For Electricity Distribution In Latin America |
title_exact_search | Regulatory Governance And Sector Performance Methodology And Evaluation For Electricity Distribution In Latin America |
title_exact_search_txtP | Regulatory Governance And Sector Performance Methodology And Evaluation For Electricity Distribution In Latin America |
title_full | Regulatory Governance And Sector Performance Methodology And Evaluation For Electricity Distribution In Latin America Andres, Luis |
title_fullStr | Regulatory Governance And Sector Performance Methodology And Evaluation For Electricity Distribution In Latin America Andres, Luis |
title_full_unstemmed | Regulatory Governance And Sector Performance Methodology And Evaluation For Electricity Distribution In Latin America Andres, Luis |
title_short | Regulatory Governance And Sector Performance |
title_sort | regulatory governance and sector performance methodology and evaluation for electricity distribution in latin america |
title_sub | Methodology And Evaluation For Electricity Distribution In Latin America |
topic | Accountability Banks and Banking Reform Disclosure Emerging Markets Governance Governance Indicators Governance indicators Infrastructure Economics and Finance Infrastructure Regulation Institutional development Judiciary Legal framework National Governance Private Sector Development Regulatory agency Regulatory instruments Regulatory policy Transparency |
topic_facet | Accountability Banks and Banking Reform Disclosure Emerging Markets Governance Governance Indicators Governance indicators Infrastructure Economics and Finance Infrastructure Regulation Institutional development Judiciary Legal framework National Governance Private Sector Development Regulatory agency Regulatory instruments Regulatory policy Transparency |
url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4494 |
work_keys_str_mv | AT andresluis regulatorygovernanceandsectorperformancemethodologyandevaluationforelectricitydistributioninlatinamerica AT guaschjoseluis regulatorygovernanceandsectorperformancemethodologyandevaluationforelectricitydistributioninlatinamerica AT azumendisebastianlopez regulatorygovernanceandsectorperformancemethodologyandevaluationforelectricitydistributioninlatinamerica |