Electricity Sector Reform in Developing Countries : A Survey of Empirical Evidence on Determinants and Performance

Driven by ideology, economic reasoning, and early success stories, vast amounts of financial resources and effort have been spent on reforming infrastructure industries in developing countries. It is therefore important to examine whether evidence supports the logic of reforms. The authors review th...

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Main Authors:	Jamasb, Tooraj, Mota, Raffaella, Newbery, David, Pollitt, Michael
Format:	Policy Research Working Paper
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ALLOCATIVE EFFICIENCY BENCHMARK BENEFIT ANALYSIS BUDGET CONSTRAINTS BUREAUCRACY CAPITAL COSTS CONCEPTUAL FRAMEWORK CONSUMER PROTECTION CONSUMERS DEBT DEFICITS DEREGULATION DEVALUATION DEVELOPED COUNTRIES DEVELOPMENT AGENCIES DEVELOPMENT ECONOMICS DONOR AGENCIES DUOPOLY ECONOMETRIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC IMPACT ECONOMIC INEFFICIENCY ECONOMIC MANAGEMENT ECONOMIC PERFORMANCE ECONOMIC POLICIES ECONOMIC RISK ECONOMIC THEORY ECONOMICS LITERATURE ECONOMIES OF SCALE ELECTRICITY ELECTRICITY GENERATION EMPIRICAL ANALYSIS EMPIRICAL BASIS EMPIRICAL EVIDENCE EMPIRICAL STUDIES FINANCIAL RESOURCES FISCAL RESPONSIBILITY GDP GROWTH RATE HARD BUDGET CONSTRAINTS IMPERFECT SUBSTITUTES IMPORTS INCOME INFLATION INSTITUTIONAL ARRANGEMENTS LEGISLATION LESS DEVELOPED COUNTRIES MACROECONOMIC CONDITIONS MACROECONOMIC MANAGEMENT MACROECONOMIC POLICIES MACROECONOMIC POLICY MANAGEMENT MARKET ECONOMIES MARKET POWER MONOPOLIES NATURAL MONOPOLIES NATURAL MONOPOLY OIL PER CAPITA INCOME PERFORMANCE EVALUATION PERFORMANCE INDICATORS PERFORMANCE MEASURES PERVERSE INCENTIVES POLICIES POLICY MAKERS PRICE CHANGES PRICE LEVELS PRICE SETTING PRIVATE SECTOR PROBABILITY PRODUCERS PRODUCTIVITY PROPERTY RIGHTS PUBLIC DEBT PUBLIC ENTERPRISES PUBLIC OWNERSHIP PUBLIC SECTOR REFORM POLICY REFORM PROCESS REFORMS REGRESSION ANALYSIS REGULATORY FRAMEWORK REVENUE ADEQUACY SERVICE COVERAGE SERVICE QUALITY STATE OWNED ENTERPRISES TECHNOLOGICAL PROGRESS TELECOMMUNICATIONS TELECOMMUNICATIONS REFORM TRANSACTION COSTS TRANSITION ECONOMIES UTILITIES VERTICAL INTEGRATION WAR
Online Access:	http://documents.worldbank.org/curated/en/2005/03/5698417/electricity-sector-reform-developing-countries-survey-empirical-evidence-determinants-performance http://hdl.handle.net/10986/8978

id	okr-10986-8978
recordtype	oai_dc
spelling	okr-10986-89782021-04-23T14:02:42Z Electricity Sector Reform in Developing Countries : A Survey of Empirical Evidence on Determinants and Performance Jamasb, Tooraj Mota, Raffaella Newbery, David Pollitt, Michael ALLOCATIVE EFFICIENCY BENCHMARK BENEFIT ANALYSIS BUDGET CONSTRAINTS BUREAUCRACY CAPITAL COSTS CONCEPTUAL FRAMEWORK CONSUMER PROTECTION CONSUMERS DEBT DEFICITS DEREGULATION DEVALUATION DEVELOPED COUNTRIES DEVELOPMENT AGENCIES DEVELOPMENT ECONOMICS DONOR AGENCIES DUOPOLY ECONOMETRIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC IMPACT ECONOMIC INEFFICIENCY ECONOMIC MANAGEMENT ECONOMIC PERFORMANCE ECONOMIC POLICIES ECONOMIC RISK ECONOMIC THEORY ECONOMICS LITERATURE ECONOMIES OF SCALE ELECTRICITY ELECTRICITY GENERATION EMPIRICAL ANALYSIS EMPIRICAL BASIS EMPIRICAL EVIDENCE EMPIRICAL STUDIES FINANCIAL RESOURCES FISCAL RESPONSIBILITY GDP GROWTH RATE HARD BUDGET CONSTRAINTS IMPERFECT SUBSTITUTES IMPORTS INCOME INFLATION INSTITUTIONAL ARRANGEMENTS LEGISLATION LESS DEVELOPED COUNTRIES MACROECONOMIC CONDITIONS MACROECONOMIC MANAGEMENT MACROECONOMIC POLICIES MACROECONOMIC POLICY MANAGEMENT MARKET ECONOMIES MARKET POWER MONOPOLIES NATURAL MONOPOLIES NATURAL MONOPOLY OIL PER CAPITA INCOME PERFORMANCE EVALUATION PERFORMANCE INDICATORS PERFORMANCE MEASURES PERVERSE INCENTIVES POLICIES POLICY MAKERS PRICE CHANGES PRICE LEVELS PRICE SETTING PRIVATE SECTOR PROBABILITY PRODUCERS PRODUCTIVITY PROPERTY RIGHTS PUBLIC DEBT PUBLIC ENTERPRISES PUBLIC OWNERSHIP PUBLIC SECTOR REFORM POLICY REFORM PROCESS REFORMS REGRESSION ANALYSIS REGULATORY FRAMEWORK REVENUE ADEQUACY SERVICE COVERAGE SERVICE QUALITY STATE OWNED ENTERPRISES TECHNOLOGICAL PROGRESS TELECOMMUNICATIONS TELECOMMUNICATIONS REFORM TRANSACTION COSTS TRANSITION ECONOMIES UTILITIES VERTICAL INTEGRATION WAR Driven by ideology, economic reasoning, and early success stories, vast amounts of financial resources and effort have been spent on reforming infrastructure industries in developing countries. It is therefore important to examine whether evidence supports the logic of reforms. The authors review the empirical evidence on electricity reform in developing countries. They find that country institutions and sector governance play an important role in the success and failure of reform. And reforms also appear to have increased operating efficiency and expanded access to urban customers. However, the reforms have to a lesser degree passed on efficiency gains to customers, tackled distributional effects, and improved rural access. Moreover, some of the literature is not methodologically robust and on par with general development economics literature. Further, findings on some issues are limited and inconclusive, while other important areas are yet to be addressed. Until we know more, implementation of reforms will be more based on ideology and economic theory rather than solid economic evidence. 2012-06-25T21:41:34Z 2012-06-25T21:41:34Z 2005-03 http://documents.worldbank.org/curated/en/2005/03/5698417/electricity-sector-reform-developing-countries-survey-empirical-evidence-determinants-performance http://hdl.handle.net/10986/8978 English Policy Research Working Paper; No. 3549 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ALLOCATIVE EFFICIENCY BENCHMARK BENEFIT ANALYSIS BUDGET CONSTRAINTS BUREAUCRACY CAPITAL COSTS CONCEPTUAL FRAMEWORK CONSUMER PROTECTION CONSUMERS DEBT DEFICITS DEREGULATION DEVALUATION DEVELOPED COUNTRIES DEVELOPMENT AGENCIES DEVELOPMENT ECONOMICS DONOR AGENCIES DUOPOLY ECONOMETRIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC IMPACT ECONOMIC INEFFICIENCY ECONOMIC MANAGEMENT ECONOMIC PERFORMANCE ECONOMIC POLICIES ECONOMIC RISK ECONOMIC THEORY ECONOMICS LITERATURE ECONOMIES OF SCALE ELECTRICITY ELECTRICITY GENERATION EMPIRICAL ANALYSIS EMPIRICAL BASIS EMPIRICAL EVIDENCE EMPIRICAL STUDIES FINANCIAL RESOURCES FISCAL RESPONSIBILITY GDP GROWTH RATE HARD BUDGET CONSTRAINTS IMPERFECT SUBSTITUTES IMPORTS INCOME INFLATION INSTITUTIONAL ARRANGEMENTS LEGISLATION LESS DEVELOPED COUNTRIES MACROECONOMIC CONDITIONS MACROECONOMIC MANAGEMENT MACROECONOMIC POLICIES MACROECONOMIC POLICY MANAGEMENT MARKET ECONOMIES MARKET POWER MONOPOLIES NATURAL MONOPOLIES NATURAL MONOPOLY OIL PER CAPITA INCOME PERFORMANCE EVALUATION PERFORMANCE INDICATORS PERFORMANCE MEASURES PERVERSE INCENTIVES POLICIES POLICY MAKERS PRICE CHANGES PRICE LEVELS PRICE SETTING PRIVATE SECTOR PROBABILITY PRODUCERS PRODUCTIVITY PROPERTY RIGHTS PUBLIC DEBT PUBLIC ENTERPRISES PUBLIC OWNERSHIP PUBLIC SECTOR REFORM POLICY REFORM PROCESS REFORMS REGRESSION ANALYSIS REGULATORY FRAMEWORK REVENUE ADEQUACY SERVICE COVERAGE SERVICE QUALITY STATE OWNED ENTERPRISES TECHNOLOGICAL PROGRESS TELECOMMUNICATIONS TELECOMMUNICATIONS REFORM TRANSACTION COSTS TRANSITION ECONOMIES UTILITIES VERTICAL INTEGRATION WAR
spellingShingle	ALLOCATIVE EFFICIENCY BENCHMARK BENEFIT ANALYSIS BUDGET CONSTRAINTS BUREAUCRACY CAPITAL COSTS CONCEPTUAL FRAMEWORK CONSUMER PROTECTION CONSUMERS DEBT DEFICITS DEREGULATION DEVALUATION DEVELOPED COUNTRIES DEVELOPMENT AGENCIES DEVELOPMENT ECONOMICS DONOR AGENCIES DUOPOLY ECONOMETRIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC IMPACT ECONOMIC INEFFICIENCY ECONOMIC MANAGEMENT ECONOMIC PERFORMANCE ECONOMIC POLICIES ECONOMIC RISK ECONOMIC THEORY ECONOMICS LITERATURE ECONOMIES OF SCALE ELECTRICITY ELECTRICITY GENERATION EMPIRICAL ANALYSIS EMPIRICAL BASIS EMPIRICAL EVIDENCE EMPIRICAL STUDIES FINANCIAL RESOURCES FISCAL RESPONSIBILITY GDP GROWTH RATE HARD BUDGET CONSTRAINTS IMPERFECT SUBSTITUTES IMPORTS INCOME INFLATION INSTITUTIONAL ARRANGEMENTS LEGISLATION LESS DEVELOPED COUNTRIES MACROECONOMIC CONDITIONS MACROECONOMIC MANAGEMENT MACROECONOMIC POLICIES MACROECONOMIC POLICY MANAGEMENT MARKET ECONOMIES MARKET POWER MONOPOLIES NATURAL MONOPOLIES NATURAL MONOPOLY OIL PER CAPITA INCOME PERFORMANCE EVALUATION PERFORMANCE INDICATORS PERFORMANCE MEASURES PERVERSE INCENTIVES POLICIES POLICY MAKERS PRICE CHANGES PRICE LEVELS PRICE SETTING PRIVATE SECTOR PROBABILITY PRODUCERS PRODUCTIVITY PROPERTY RIGHTS PUBLIC DEBT PUBLIC ENTERPRISES PUBLIC OWNERSHIP PUBLIC SECTOR REFORM POLICY REFORM PROCESS REFORMS REGRESSION ANALYSIS REGULATORY FRAMEWORK REVENUE ADEQUACY SERVICE COVERAGE SERVICE QUALITY STATE OWNED ENTERPRISES TECHNOLOGICAL PROGRESS TELECOMMUNICATIONS TELECOMMUNICATIONS REFORM TRANSACTION COSTS TRANSITION ECONOMIES UTILITIES VERTICAL INTEGRATION WAR Jamasb, Tooraj Mota, Raffaella Newbery, David Pollitt, Michael Electricity Sector Reform in Developing Countries : A Survey of Empirical Evidence on Determinants and Performance
relation	Policy Research Working Paper; No. 3549
description	Driven by ideology, economic reasoning, and early success stories, vast amounts of financial resources and effort have been spent on reforming infrastructure industries in developing countries. It is therefore important to examine whether evidence supports the logic of reforms. The authors review the empirical evidence on electricity reform in developing countries. They find that country institutions and sector governance play an important role in the success and failure of reform. And reforms also appear to have increased operating efficiency and expanded access to urban customers. However, the reforms have to a lesser degree passed on efficiency gains to customers, tackled distributional effects, and improved rural access. Moreover, some of the literature is not methodologically robust and on par with general development economics literature. Further, findings on some issues are limited and inconclusive, while other important areas are yet to be addressed. Until we know more, implementation of reforms will be more based on ideology and economic theory rather than solid economic evidence.
format	Publications & Research :: Policy Research Working Paper
author	Jamasb, Tooraj Mota, Raffaella Newbery, David Pollitt, Michael
author_facet	Jamasb, Tooraj Mota, Raffaella Newbery, David Pollitt, Michael
author_sort	Jamasb, Tooraj
title	Electricity Sector Reform in Developing Countries : A Survey of Empirical Evidence on Determinants and Performance
title_short	Electricity Sector Reform in Developing Countries : A Survey of Empirical Evidence on Determinants and Performance
title_full	Electricity Sector Reform in Developing Countries : A Survey of Empirical Evidence on Determinants and Performance
title_fullStr	Electricity Sector Reform in Developing Countries : A Survey of Empirical Evidence on Determinants and Performance
title_full_unstemmed	Electricity Sector Reform in Developing Countries : A Survey of Empirical Evidence on Determinants and Performance
title_sort	electricity sector reform in developing countries : a survey of empirical evidence on determinants and performance
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2005/03/5698417/electricity-sector-reform-developing-countries-survey-empirical-evidence-determinants-performance http://hdl.handle.net/10986/8978
_version_	1764407202776350720

Electricity Sector Reform in Developing Countries : A Survey of Empirical Evidence on Determinants and Performance

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