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The Social Impact of Privatization and the Regulation of Utilities in Peru

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  • Maximo Torero
  • Alberto Pascó-Font

Abstract

Almost five years after privatization took place in electricity and telecommunications, and major reforms had been carried out in the administration of water, the results is not clear a priori. In order to elucidate the panorama, this research tries to assess the consumption and welfare impacts of privatization on Peruvian urban households. The objective is to determine which type of households bear a greater portion of the burden or enjoy most of the benefits price changes brought about by privatization. To accomplish this objective, three complementary methodologies are followed.

Suggested Citation

  • Maximo Torero & Alberto Pascó-Font, 2001. "The Social Impact of Privatization and the Regulation of Utilities in Peru," WIDER Working Paper Series DP2001-17, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:dp2001-17
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    Cited by:

    1. Ioannis N. Kessides, 2004. "Reforming Infrastructure : Privatization, Regulation, and Competition," World Bank Publications - Books, The World Bank Group, number 13525, December.
    2. Pierre-Oliver Pineau, 2003. "International Trade Agreements and the Peruvian Electricity Sector," Working Papers 13, Osinergmin, Gerencia de Políticas y Análisis Económico.
    3. John Nellis, 2003. "Privatization in Latin America," Working Papers 31, Center for Global Development.
    4. Sarangi, Gopal K. & Mishra, Arabinda & Chang, Youngho & Taghizadeh-Hesary, Farhad, 2019. "Indian electricity sector, energy security and sustainability: An empirical assessment," Energy Policy, Elsevier, vol. 135(C).
    5. Daniele CHECCHI & Massimo FLORIO & Jorge CARRERA, 2004. "Privatization discontent and its determinants: evidence from Latin America," Departmental Working Papers 2004-23, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    6. 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.
    7. Ugaz, Cecilia, 2001. "A Public Goods Approach to Regulation of Utilities," WIDER Working Paper Series 009, World Institute for Development Economic Research (UNU-WIDER).
    8. Yin-Fang Zhang & David Parker & Colin Kirkpatrick, 2008. "Electricity sector reform in developing countries: an econometric assessment of the effects of privatization, competition and regulation," Journal of Regulatory Economics, Springer, vol. 33(2), pages 159-178, April.
    9. Máximo Torero, 2002. "Peruvian Privatization: Impacts On Firm Performance," Research Department Publications 3169, Inter-American Development Bank, Research Department.
    10. J. Luis Guasch, 2004. "Granting and Renegotiating Infrastructure Concessions : Doing it Right," World Bank Publications - Books, The World Bank Group, number 15024, December.
    11. Sarah Feron & Raúl R. Cordero, 2018. "Is Peru Prepared for Large-Scale Sustainable Rural Electrification?," Sustainability, MDPI, vol. 10(5), pages 1-20, May.
    12. Jamasb, T. & Mota, R. & Newbery, D. & Pollitt, M., 2004. "‘Electricity Sector Reform in Developing Countries: A Survey of Empirical Evidence on Determinants and Performance’," Cambridge Working Papers in Economics 0439, Faculty of Economics, University of Cambridge.
    13. Estrin, Saul & Pelletier, Adeline, 2018. "Privatization in developing countries: what are the lessons of recent experience?," LSE Research Online Documents on Economics 87348, London School of Economics and Political Science, LSE Library.
    14. Martimort, David & Straub, Stéphane, 2009. "Infrastructure privatization and changes in corruption patterns: The roots of public discontent," Journal of Development Economics, Elsevier, vol. 90(1), pages 69-84, September.
    15. Khan, Iram, 2006. "Public vs. private sector : an examination of neo-liberal ideology," MPRA Paper 13443, University Library of Munich, Germany.
    16. Pérez-Reyes, Raúl & Tovar, Beatriz, 2010. "Explaining the inefficiency of electrical distribution companies: Peruvian firms," Energy Economics, Elsevier, vol. 32(5), pages 1175-1181, September.
    17. John Nellis, 2006. "Privatization: A Summary Assessment," Working Papers 87, Center for Global Development.
    18. Estrin, Saul & Pelletier, Adeline, 2016. "Privatisation in Developing Countries: What Are the Lessons of Recent Experience?," IZA Discussion Papers 10297, Institute of Labor Economics (IZA).
    19. 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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