A computable general equilibrium model is used to estimate the macro-economic and distributional effects of the privatisation and regulation of utilities in Argentina, begun in 1989. Based on data available after the privatisation that indicate different kinds of efficiency gains in electricity,...

The economic rates of return for utility privatization projects in Argentina are very high, whether or not distributional weights are considered. But there is a very high shadow price for regulatory activity, which tends to be ignored in most privatization exercises. And how serious a government...

El cambio estructural derivado de la privatización y regulación puede inducir una reconsideración de las regulaciones definidas al momento de iniciar el proceso privatizador. El cambio en la organización vertical del mercado y los tecnológicos, entre otros, cambian las reglas de formación...