Regulation, Industry Structure and Performance in the Electricity Supply Industry

Faye Steiner

Organisation for Economic Co-operation and Development

关键词: models with panel data;    industrial policy;    electric utilities;    public enterprises;    government policy (energy);    regulated industries and administrative law;    economics of regulation;   

DOI  :  https://doi.org/10.1787/880084226021

学科分类：社会科学、人文和艺术（综合）

来源: OECD iLibrary

【 摘 要 】

This paper 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 the performance measures in a statistically significant way ...