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Do Regulation and Ownership Drive the Efficiency of Electricity Distribution?: Evidence from Latin America

par Estache, Antonio ;Rossi, Martin
Référence Economics letters, 86, 2, page (253-257)
Publication Publié, 2004

Article révisé par les pairs

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Résumé :

We analyze the impact of alternative regulatory regimes on the labor productivity of electricity distribution firms in Latin America. We find that (i) incentive-based regimes lead to higher labor productivity than rate-of-return regulation, and (ii) privatized firms operating under rate of return have, at most, similar labor productivity as public firms. © 2004 Published by Elsevier B.V.