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The social impact of privatization and the regulation of utilities in Peru

In: Utility Privatization and Regulation

Author

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  • Máximo Torero
  • Alberto Pascó-Font

Abstract

The authors address the question of infrastructure reforms in a novel way by focusing on the impact which they can have on consumers through the prices paid by different groups and on their access to the networks. They analyse original material from four Latin American countries – Argentina, Bolivia, Chile, Peru – and two European countries – Spain and the UK. Access is especially relevant when considering immature systems which have not yet extended to cover the majority of the population, as is the case in many Latin American countries. The authors also address the widespread impact of privatization on the economy (via macroeconomic influences) and the more general issues of subsidies and regulation which are endemic to these industries. The book focuses on the reform of four sectors: telecommunications, electricity, gas, and water and sanitation.

Suggested Citation

  • Máximo Torero & Alberto Pascó-Font, 2003. "The social impact of privatization and the regulation of utilities in Peru," Chapters, in: Cecilia Ugaz (ed.), Utility Privatization and Regulation, chapter 11, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:2942_11
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    Cited by:

    1. 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.
    2. 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.
    3. Ugaz, Cecilia, 2001. "A Public Goods Approach to Regulation of Utilities," WIDER Working Paper Series 009, World Institute for Development Economic Research (UNU-WIDER).
    4. 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.
    5. 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).
    6. Ioannis N. Kessides, 2004. "Reforming Infrastructure : Privatization, Regulation, and Competition," World Bank Publications - Books, The World Bank Group, number 13525, December.
    7. Khan, Iram, 2006. "Public vs. private sector : an examination of neo-liberal ideology," MPRA Paper 13443, University Library of Munich, Germany.
    8. 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.
    9. 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.
    10. 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.
    11. Pierre-Olivier Pineau, 2003. "International Trade Agreements and the Peruvian Electricity Sector," Working Papers 13, Osinergmin, Gerencia de Políticas y Análisis Económico.
    12. Máximo Torero, 2002. "Peruvian Privatization: Impacts On Firm Performance," Research Department Publications 3169, Inter-American Development Bank, Research Department.
    13. 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.
    14. J. Luis Guasch, 2004. "Granting and Renegotiating Infrastructure Concessions : Doing it Right," World Bank Publications - Books, The World Bank Group, number 15024, December.
    15. 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.
    16. Sarah Feron & Raúl R. Cordero, 2018. "Is Peru Prepared for Large-Scale Sustainable Rural Electrification?," Sustainability, MDPI, vol. 10(5), pages 1-20, May.
    17. John Nellis, 2003. "Privatization in Latin America," Working Papers 31, Center for Global Development.
    18. 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).
    19. John Nellis, 2006. "Privatization: A Summary Assessment," Working Papers 87, Center for Global Development.

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    Keywords

    Development Studies; Economics and Finance;

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