An Introduction to Financial and Economic Modeling for Utility Regulators

An Introduction to Financial and Economic Modeling for Utility Regulators

The most effective regulators in developing countries are following remarkably similar approaches. The main common element across "best practice" countries is the use of relatively simple quantitative models of operators' behavior an...

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Bibliographic Details
Main Authors:	Estache, Antonio, Rodriguez Pardina, Martin, Rodriguez, Jose Maria, Sember, German
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	ECONOMETRIC MODELS REGULATORY ENVIRONMENTS RATE OF RETURN TARIFFS SUBSIDIES QUALITY INVESTMENTS COST OF CAPITAL CASH FLOW REGULATION EXCHANGE RATES ACCOUNTABILITY ACCOUNTING ACCOUNTING SYSTEMS ALLOCATIVE EFFICIENCY ASSET VALUATION AVERAGE COSTS BALANCE SHEET BASKET OF GOODS BENCHMARKING BENCHMARKS BORROWING CASH FLOWS CD COLLUSION CONSUMERS CONSUMPTION LEVELS CONTRACT ENFORCEMENT CONTRACTUAL ARRANGEMENTS COST MINIMIZATION CREDIT MARKETS CROSS SUBSIDIES DEBT DEBT COVERAGE DEBT SERVICE DECISION MAKING DECISION VARIABLES DEPRECIATION DEVALUATION ECONOMIC EFFECTS ECONOMIC MODELS ELECTRICITY EMPLOYMENT EQUILIBRIUM EXCHANGE RATE EXTERNALITIES FINANCIAL MARKETS FINANCIAL PERFORMANCE FINANCIAL STRUCTURE FORECASTS GDP INCOME INCOME LEVELS INFLATION LABOR MARKETS LEGISLATION LICENSES LONG RUN MARGINAL COST PRICING MACROECONOMIC CONDITIONS MANDATES MARGINAL COST MARGINAL COST PRICING MARGINAL COSTS MARKET PRICES MONOPOLIES OPERATING COSTS OPPORTUNITY COST POLICY INSTRUMENTS PRESENT VALUE PRICE CONTROLS PRICE DISCRIMINATION PRICE LEVELS PRIVATE SECTOR PRIVATIZATION PRODUCT MARKETS PRODUCTIVITY PROFIT RATE PROFITABILITY PROVISION OF INFRASTRUCTURE PUBLIC ENTERPRISES PUBLIC HEARINGS PUBLIC SECTOR PUBLIC SERVICE PUBLIC SERVICES PUBLIC UTILITY REGULATION QUALITY STANDARDS REGULATORY FRAMEWORK REGULATORY OBJECTIVES REGULATORY REGIMES RESOURCE ALLOCATION RISK PREMIUM SALES OF ASSETS SAVINGS SHADOW PRICES SOFT BUDGET CONSTRAINTS TAX TAX SYSTEMS TELECOMMUNICATIONS TOTAL COSTS TRANSPARENCY UTILITIES WHOLESALE PRICE INDEX WILLINGNESS TO PAY EXCHANGE RATES ACCOUNTABILITY
Online Access:	http://documents.worldbank.org/curated/en/2003/03/2191890/introduction-financial-economic-modeling-utility-regulators http://hdl.handle.net/10986/18275

Internet

http://documents.worldbank.org/curated/en/2003/03/2191890/introduction-financial-economic-modeling-utility-regulators
http://hdl.handle.net/10986/18275

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