Twenty years ago, as the United Kingdom was getting ready to launch the privatization of its public services, Professor Littlechild developed and operationalized the concept of price caps as a regulatory regime to control for residual monopoly conditions in those services. Ten years later, Latin American countries, as they embarked into their own infrastructure reforms, also adopted the price cap regulatory model. Relying on a large data base on the...
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INFORMATION
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2003/08/31
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Document de travail de recherche sur les politiques
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WPS3129
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1
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1
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2010/07/01
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Price caps, efficiency payoffs, and infrastructure contract renegotiation in Latin America
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efficiency gain
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