Renegotiation of Concession Contracts in Latin America

Renegotiation of Concession Contracts in Latin America

The authors construct a regulation model in which renegotiation occurs due to the imperfect enforcement of concession contracts. This enables the authors to provide theoretical predictions for the impact on the probability of renegotiation of a con...

Full description

Bibliographic Details
Main Authors: Guasch, J. Luis, Laffont, Jean-Jacques, Straub, Stephane
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
ACCOUNTING
ADVERSE SELECTION
AIRPORTS
APPROPRIATE TECHNOLOGY
ARBITRATION
ASYMMETRIC INFORMATION
BOT
CONCESSION
CONCESSION CONTRACTS
CONSENSUS
CORRUPTION
DEBT
DEVELOPED COUNTRIES
DIVESTITURE
ECONOMIC GROWTH
ECONOMIC SHOCKS
ECONOMICS
ELECTRICITY
EMPIRICAL ANALYSIS
EMPIRICAL STUDIES
ENFORCEMENT MECHANISM
EQUILIBRIUM
EXPENDITURES
GOVERNMENT INTERVENTION
INCOME
INFORMATION ASYMMETRIES
INSTITUTIONAL CONSTRAINTS
JUDGES
MARGINAL COST
MONOPOLY
MORAL HAZARD
MOTIVATIONS
NATURAL MONOPOLY
POLICY DECISIONS
POLICY RESEARCH
POLITICIANS
PORTS
POTENTIAL INVESTORS
POVERTY ALLEVIATION
PRICE ELASTICITY OF DEMAND
PRIVATE ENTERPRISES
PRIVATE INFORMATION
PRIVATE SECTOR
PRIVATE SECTOR PARTICIPATION
PRODUCTIVITY
PROVISION OF INFRASTRUCTURE
PUBLIC FINANCING
PUBLIC FUNDS
PUBLIC INFRASTRUCTURE
REGULATOR
REGULATORS
REGULATORY BODY
REGULATORY CAPTURE
REGULATORY FRAMEWORK
REGULATORY INSTITUTIONS
ROADS
SECTOR RESTRUCTURING
SOCIAL COST
SOCIAL SECTORS
SOCIAL WELFARE
STATE OWNED ENTERPRISES
TAX
TAX SYSTEM
TELECOMMUNICATIONS
TRANSACTION COSTS
UTILITIES CONCESSIONS; REGULATORY FRAMEWORK; CONTRACT NEGOTIATION; INSTITUTIONAL CAPACITY; ECONOMIC SHOCKS; DATA ANALYSIS; TELECOMMUNICATIONS; ENERGY SECTOR; WATER SECTOR; TRANSPORT SECTOR; POLICY FORMATION
UTILITIES
CONCESSIONS
Online Access:http://documents.worldbank.org/curated/en/2003/04/2210557/renegotiation-concession-contracts-latin-america
http://hdl.handle.net/10986/18224

Internet

http://documents.worldbank.org/curated/en/2003/04/2210557/renegotiation-concession-contracts-latin-america
http://hdl.handle.net/10986/18224

Similar Items