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Title International comparisons of electricity regulation / edited by Richard J. Gilbert, Edward P. Kahn.

Published New York : Cambridge University Press, 1996.


Location Call No. Status
 UniM Giblin Eunson  333.7932 INTE    AVAILABLE
Physical description viii, 500 pages ; 24 cm
Bibliography Includes bibliographical references and index.
Contents 1. Introduction: International comparisons of electricity regulation / Richard J. Gilbert, Edward P. Kahn and David M. Newbery -- 2. Regulation, public ownership and privatisation of the English electricity industry / David M. Newbery and Richard Green -- 3. How should it be done? Electricity regulation in Argentina, Brazil, Uruguay, and Chile / Pablo T. Spiller and Luis Viana Martorell -- 4. From club-regulation to market competition in the Scandinavian electricity supply industry / Lennart Hjalmarsson -- 5. Competition and institutional change in U.S. electric power regulation / Richard J. Gilbert and Edward P. Kahn -- 6. The Japanese electric utility industry / Peter Navarro -- 7. Regulation of the market for electricity in the Federal Republic of Germany / Jurgen Muller and Konrad Stahl -- 8. The evolution of New Zealand's electricity supply structure / J. G. Culy, E. G. Read and B. D. Wright.
9. Regulation of electric power in Canada / Leonard Waverman and Adonis Yatchew -- 10. The French electricity industry / Jean-Jacques Laffont -- 11. The Yugoslav electric power industry / Srboljub Antic.
Summary This book offers the most comprehensive characterization assembled to date of the historical, institutional, and economic forces affecting electricity regulation. Eminent economists organized by the University of California Energy Institute survey the United States, the United Kingdom, Scandanavia, Latin America, France, Germany, Japan, Canada, New Zealand, and Yugoslavia. Recent experiments with privatization, competition, and restructuring in electricity are contrasted with instances where government ownership and traditional vertical integration still dominate. The introductory essay by Richard J. Gilbert, Edward P. Kahn, and David Newbery synthesizes individual country studies. In any regulatory system, the government must bargain with investors and consumers to satisfy conflicting interests. The opacity of information about cost constrains this process. Governments also impose multiple political and economic objectives on the electricity industry, which further obscures cost conditions. Privatization and deregulation tend to reverse these effects. Few countries, however, have managed to sustain private ownership in the long run.
Other author Kahn, Edward (Edward Paul), 1944-
Gilbert, Richard J., 1945-
Subject Electric utilities -- Government policy -- Case studies.
Electric utilities -- Deregulation -- Case studies.
Electric utilities -- Government ownership -- Case studies.
Privatization -- Case studies.
ISBN 0521495903 (hc)