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Regulación para Crisis de Abastecimiento: Lecciones del Racionamiento Eléctrico en Chile

Author

Listed:
  • Rómulo Chumacero
  • Ricardo Paredes
  • José Miguel Sánchez

    (Instituto de Economía)

Abstract

A key characteristic of regulatory schemes in Latin America is its virtual absence of mechanisms for coping with outages in the supply of public utilities. This paper presents such a mechanism, which has the advantage of being complementary to the medium

Suggested Citation

  • Rómulo Chumacero & Ricardo Paredes & José Miguel Sánchez, 2000. "Regulación para Crisis de Abastecimiento: Lecciones del Racionamiento Eléctrico en Chile," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 37(111), pages 323-338.
    • Handle: RePEc:ioe:cuadec:v:37:y:2000:i:111:p:323-338
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    File URL: http://www.economia.uc.cl/docs/111sanca.pdf
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    References listed on IDEAS

    as
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    3. Chao, Hung-po & Wilson, Robert, 1987. "Priority Service: Pricing, Investment, and Market Organization," American Economic Review, American Economic Association, vol. 77(5), pages 899-916, December.
    4. Beenstock, Michael, 1991. "Generators and the cost of electricity outages," Energy Economics, Elsevier, vol. 13(4), pages 283-289, October.
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    6. Wilson, Robert B, 1989. "Efficient and Competitive Rationing," Econometrica, Econometric Society, vol. 57(1), pages 1-40, January.
    7. Serra, Pablo & Fierro, Gabriel, 1997. "Outage costs in Chilean industry," Energy Economics, Elsevier, vol. 19(4), pages 417-434, October.
    8. Vickrey, William, 1992. "Efficient pricing of electric power service : Some innovative solutions," Resources and Energy, Elsevier, vol. 14(1-2), pages 157-174, April.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. José Miguel Benavente & Alexander Galetovic & Ricardo Sanhueza & Pablo Serra, 2005. "Estimando la Demanda Residencial por Electricidad en Chile: El Consumo es Sensible al Precio," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 42(125), pages 31-61.
    2. Juan Pablo Montero & Hugh Rudnick, 2001. "Precios Eléctricos Flexibles," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 38(113), pages 91-109.
    3. José Miguel Benavente & Alexander Galetovic & Ricardo Sanhueza & Pablo Serra, 2004. "Estimando la demanda residencial por electricidad en Chile: a doña Juanita le importa el precio (Calculating the residential demand for electricity in Chile: Mrs. Jones does care about the price)," Documentos de Trabajo 192, Centro de Economía Aplicada, Universidad de Chile.
    4. Claudio Agostini & Cecilia Plottier & Eduardo Saavedra, 2009. "La Demanda Residencial por Energía Eléctrica en Chile," ILADES-UAH Working Papers inv240, Universidad Alberto Hurtado/School of Economics and Business.
    5. Claudio Agostini & M. Cecilia Plottier & Eduardo Saavedra, 2012. "Residential Demand for Electric Energy in Chile," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 15(3), pages 64-83, December.
    6. Claudio A Agostini & Eduardo Saavedra, 2014. "Elasticities of Residential Electricity Demand in Chile," Working Papers wp_034, Adolfo Ibáñez University, School of Government.
    7. Alexander Galetovic & Juan Carlos Olmedo & Humberto Soto, 2002. "Una estimación del costo social de eliminar los déficit de abastecimiento eléctrico en el SIC," Documentos de Trabajo 129, Centro de Economía Aplicada, Universidad de Chile.

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    Keywords

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    JEL classification:

    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities

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