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Modelling the Costs of Electricity Regulation: Evidence of Human Resource Constraints in Developing Countries Author info | Abstract | Publisher info | Download info | Related research | Statistics Preetum Domah
Pollitt, M.G.
Jon Stern
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Successful electricity industry reform depends on the presence of an appropriately staffed regulatory agency for the liberalised sector. However developing countries can have resource constraints that make the establishment of an effective regulatory agency difficult. This paper attempts an econometric modelling of staff numbers in electricity regulatory institutions. We specify a model of the determinants of staff numbers that reflects electricity system complexity as well as national economic and regulatory environments. We empirically estimate a translog cost function specification of the model using data on 60 electricity regulators collected from an international questionnaire survey in 2000-01. We conclude that there are significant differences between the regulatory cost functions of developed and developing countries and that, in establishing independent regulatory agencies, developing countries face high fixed costs relative to market size.
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Paper provided by Faculty of Economics, University of Cambridge in its series Cambridge Working Papers in Economics with number
0229.
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Length: 43
Date of creation: Oct 2002Date of revision:
Handle: RePEc:cam:camdae:0229Note: CMI IOContact details of provider: Web page: http://www.econ.cam.ac.uk/index.htm
For technical questions regarding this item, or to correct its listing, contact: (Howard Cobb).
Keywords: Electricity Regulation ; International Comparisons ; Human Resources ; Other versions of this item:
Find related papers by JEL classification: L30 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - General N40 - Economic History - - Government, War, Law, and Regulation - - - General, International, or Comparative O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
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Centre on Regulation and Competition (CRC) Working papers
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Jon Stern & John Cubbin, 2004.
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"Regulatory effectiveness : the impact of regulation and regulatory governance arrangements on electricity industry outcomes ,"
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Zhang, Yingang & Parker, David & Kirkpatrick, Colin, 2004.
"Competition, Regulation and Privatisation of Electricity Generation in Developing Countries: Does the Sequencing of the Reforms Matter? ,"
Centre on Regulation and Competition (CRC) Working papers
30599, University of Manchester, Institute for Development Policy and Management (IDPM).
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Other versions:
Zhang, Yinfang & Parker, David & Kirkpatrick, Colin, 2005.
"Competition, regulation and privatisation of electricity generation in developing countries: does the sequencing of the reforms matter? ,"
The Quarterly Review of Economics and Finance ,
Elsevier, vol. 45(2-3), pages 358-379, May.
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"Foreign Direct Investment in Infrastructure in Developing Countries: Does Regulation Make a Difference? ,"
Centre on Regulation and Competition (CRC) Working papers
30703, University of Manchester, Institute for Development Policy and Management (IDPM).
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John Cubbin & Jon Stern, 2004.
"Regulatory effectiveness: The impact of good regulatory governance on electricity Industry capacity and efficiency in developing countries ,"
City University Economics Discussion Papers
04/04, Department of Economics, City University, London.
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Green, R. & Lorenzoni, A. & Perez, Y. & Pollitt, M., 2006.
"Benchmarking Electricity Liberalisation in Europe’Benchmarking Electricity Liberalisation in Europe ,"
Cambridge Working Papers in Economics
0629, Faculty of Economics, University of Cambridge.
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Jamasb, Tooraj & Mota, Raffaella & Newbery, David & Pollitt, Michael, 2005.
"Electricity sector reform in developing countries : a survey of empirical evidence on determinants and performance ,"
Policy Research Working Paper Series
3549, The World Bank.
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Other versions: Jamasb, Tooraj & Newbery, David & Pollitt, Michael, 2005.
"Core indicators for determinants and performance of the electricity sector in developing countries ,"
Policy Research Working Paper Series
3599, The World Bank.
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Jamasb, T. & Newbery, D. & Pollitt, M., 2004.
"'Core Indicators for Determinants and Performance of Electricity Sector in Developing Countries’ ,"
Cambridge Working Papers in Economics
0438, Faculty of Economics, University of Cambridge.
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Jon Stern, 2003.
"Regulation and Contracts for Utility Services: Substitutes or Complements? Lessons from UK Railway and Electricity History ,"
Journal of Policy Reform ,
Taylor and Francis Journals, vol. 6(4), pages 193-215, January.
[Downloadable!] (restricted)
Cubbin, John & Stern, John, 2005.
"Regulatory effectiveness and the empirical impact of variations in regulatory governance - electricity industry capacity and efficiency in developing countries ,"
Policy Research Working Paper Series
3535, The World Bank.
[Downloadable!]
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