New approaches to regulating utilities
The importance of an adequate normative framework in Public Service Enterprises is crucial when the management of failures of governmental institutions have been derived in schemes of corporatisation, privatization and promotion of the competitive forces, all of which do not guarantee economic success by themselves. On these grounds, the basic regulation goals, price control and competence, are being approached. To star with the institucional problem of regulation and the search of an equilibrium between incentives and directives are studied. Afterwards, the implications of price control (price cap), price schemes growing worldwide and recently applied in Colombia, and the implementation of alternatives inside the same trend are analyzed. At the same time, we keep dealing with the entrance problem, the potential competence and disputable markets in order to offer policy recommendations to the regulatory institutions.
|Date of creation:||1999|
|Date of revision:|
|Contact details of provider:|| Web page: http://www.udea.edu.co/portal/page/portal/portal/A.InformacionInstitucional/H.UnidadesAcademicas/A.Facultades/CienciasEconomicas|
More information through EDIRC
|Order Information:|| Postal: Apartado Aéreo 1226, Medellín - Colombia|
When requesting a correction, please mention this item's handle: RePEc:lde:grupom:014. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Carlos Andrés Vasco Correa)
If references are entirely missing, you can add them using this form.