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Winners and Losers from Utility Privatization in Argentina. Lessons from a General Equilibrium Model

Author

Listed:
  • Chisari, Omar

    (Universidad Argntina de la Empresa)

  • Estache, Antonio

    (World Bank)

  • Romero, Carlos

    (Universidad Argntina de la Empresa)

Abstract

The economics rates of return for utility privatization projects in Argentina are very high, wheter or not distributional weights are considered. But there is a very high shadow price for regulatory activity, which tends to be ignored in most privatization exercises. And how serious a government is about the fair distribution of gains from reform is reflected in how serious it is about regulation.

Suggested Citation

  • Chisari, Omar & Estache, Antonio & Romero, Carlos, 1999. "Winners and Losers from Utility Privatization in Argentina. Lessons from a General Equilibrium Model," UADE Working Papers 3_1999, Instituto de Economía, Universidad Argentina de la Empresa.
    • Handle: RePEc:ris:uadewp:1999_003
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    Keywords

    General Equilibrium Model; economics rates; utility privatization; regulatory activity;
    All these keywords.

    JEL classification:

    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
    • L90 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - General

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