Electricity sector reform in developing countries: an econometric assessment of the effects of privatization, competition and regulation

Zhang, Yin-Fang; Parker, David; Kirkpatrick, Colin

doi:10.1007/s11149-007-9039-7

Cited by 234 publications

(196 citation statements)

References 31 publications

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“…Furthermore, it deals with aspects such as the sequencing of ownership change, competition, and regulation. This focus is in line with the suggestions for further research as discussed by Ramamurti (2000), Zahra, Ireland, Cutierrez, and Hitt (2000), Aussenegg and Jelic (2002), Wallsten (2002), andKirkpatrick (2008). They pointed out that the field of sequencing of privatisation, competition, and regulation is under-researched, and the findings on some issues are limited and inconclusive.…”

Section: Research Questionssupporting

confidence: 76%

Privatisation processes and firm performance : the Libyan industrial sector

Aboujdiryha¹

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Section: Research Questionssupporting

confidence: 76%

Privatisation processes and firm performance : the Libyan industrial sector

Aboujdiryha¹

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“…International evidence of energy privatisations provides a pessimistic picture as well. Privatisations have not been a long-term cure or a credible alternative for poor management under state ownership with detrimental consequences for local economies and disadvantaged groups (Groves et al, 2013;Hefetz et al, 2012;Zhang et al, 2008). Energy privatisations in Latin America brought about a range of disappointments.…”

Section: Resultsmentioning

confidence: 99%

Energy privatisations, business-politics connections and governance under political Islam

Özcan

Gündüz

2015

Environ Plann C Gov Policy

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Abstract. The changing connections between business and political Islam under liberalisation can best be studied through an analysis of moral justifications, political connections in business and institutional modifications. Our evidence on energy utility privatisations through a comprehensive analysis of party connections with firm and industry specific data demonstrates that Turkey's Justice and Development Party (AKP) reshaped industry structures to nurture a new breed of politically linked businesses. In order to build a patronage regime in energy markets, the AKP manipulated regulatory institutions, suppressed the media and advocacy groups, and immobilised the judicial process in response to allegations of misconduct. The highly personalised and opaque allocation of assets increased the power of business groups that enjoyed close ties with the prime minister and key party officials. Leading politically connected firms emerged as not only the major beneficiaries but also key supporters of authoritarian politics. Our findings have important implications for the analysis of political Islam, regulatory institutions and the vulnerabilities of energy privatisations in emerging economies.

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“…La estructura de mercado y la densidad de la población son variables a tener en cuenta en los resultados. Zhang, et al (2008) 36 países en desarrollo y en transición Periodo 1985Periodo -2003 Indicadores de desempeño y regresión lineal con efectos fijos La privatización y la regulación tienen pocos efectos positivos en la mejora de la productividad. La competencia parece ser más eficaz para estimular las mejoras Bachiller (2009) Megginson et al, (1994).…”

Section: Efectos De La Privatización En Los Resultados De Las Empresasunclassified

¿es La Privatización La Solución a Los Problemas De Ineficiencia De Las Empresas Públicas?: Revisión De La Literatura

Contreras¹,

Mendoza²

2012

LEBRET

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ResumenEste trabajo presenta el estado del arte sobre el efecto de la privatización en los resultados de las empresas públicas durante los años 1990 hasta la actualidad. Se realizó una revisión a profundidad, tanto a nivel internacional como nacional, de los trabajos que analizan el efecto de la privatización sobre los resultados de las empresas sujetas a cambios de propiedad. De esta forma, encontramos que la privatización conllevó a mejoras en los resultados y la eficiencia de algunas de las empresas privatizadas. No obstante lo anterior, no puede tomarse como una regla la relación entre propiedad y eficiencia, ya que la evidencia nos muestra que la empresa pública no es siempre más ineficiente. En el caso colombiano, aún quedan muchas preguntas por responder debido a la escasez de estudios que analicen el tema. Palabras clavePrivatización, eficiencia, productividad, competitividad. Clasificación JEL: E61, E69, L51. AbstractThis paper presents the state of the art of the effect of the privatization on the results of the public enterprises from 1990 to the present. A thorough review was carried out, nationally and internationally, on the works analyzing the effect of privatization on the performance of firms subject to ownership changes. Thus, we found that privatization led to improvements in performance and efficiency of some of the companies. Nevertheless, the relationship between ownership and efficiency cannot be taken as a rule, as evidence shows that public companies are not always more inefficient. In Colombia, there are still many unanswered questions due to the lack of studies analyzing the subject.

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Electricity sector reform in developing countries: an econometric assessment of the effects of privatization, competition and regulation

Abstract: Privatization, Competition, Regulation, Developing economies, Electricity sector, L33, L43, L44, L50, 012, O38, O50,

Cited by 234 publications

References 31 publications

Privatisation processes and firm performance : the Libyan industrial sector

Privatisation processes and firm performance : the Libyan industrial sector

Energy privatisations, business-politics connections and governance under political Islam

¿es La Privatización La Solución a Los Problemas De Ineficiencia De Las Empresas Públicas?: Revisión De La Literatura

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