The Case for International Coordination of Electricity Regulation : Evidence from the Measurement of Efficiency in South America

Estache, Antonio ; Rossi, Martin A. ; Ruzzier, Christian A.

World Bank, Washington, DC

关键词: AREA;    BENCHMARK;    BENCHMARKING;    BENCHMARKS;    BURNS;   

DOI  :  10.1596/1813-9450-2907
RP-ID  :  WPS2907

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

A decade long experience shows thatmonitoring the performance of public and private monopoliesin South America is proving to be the hard part of thereform process. The operators who control most of theinformation needed for regulatory purposes have littleinterest in volunteering their dissemination unless theyhave an incentive to do so. The authors argue that, in spiteof, and maybe because of, a much weaker information base andgovernance structure, South America's electricitysector could pursue an approach that relies on performancerankings based on comparative efficiency measures. Theauthors show that with the rather modest data currentlyavailable publicly, such an approach could yield usefulresults. They provide estimates of efficiency levels inSouth America's main distribution companies between1994 and 2000. Moreover, the authors show how relativelysimple tests can be used by regulators to check therobustness of their results and strengthen their position atregulatory hearings.