Revisiting Private Participation, Governance, and Electricity Sector Performance in Latin America

Balza, Lenin; Mori, Raúl Jiménez; Macedo, Demian Nicolás; Mercado, Jorge

doi:10.18235/0002370

Cited by 8 publications

(12 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The “high CO 2 ” countries, such as Bosnia & Herzegovina and China, failed to do so, and their output growth effects and structural effects surpassed, leading to the significant increase of per‐capita CO 2 from the sector. Again, electricity sector reforms can play an important role here since some research on the Latin American experience points out that the electricity systems with higher levels of private participation tend to present a better performance in terms of system efficiency and renewable energy integration (Balza, Jimenez Mori, & Mercado Díaz, 2020; Sadik‐Zada, Löwenstein, & Ferrari, 2018). The “high CO 2 ” countries may have room for enhancing private participation with proper government interventions to further facilitate CO 2 emissions reduction in the sector.…”

Section: Discussionmentioning

confidence: 99%

Country diagnostics for low carbon development: Can developing countries pursue simultaneous implementation of the Sustainable Development Goals and the Paris Agreement?

Kobayakawa

2021

Bus Strat Dev

View full text Add to dashboard Cite

The Sustainable Development Goals (SDGs) in the 2030 Development Agenda and the Paris Agreement, both agreed in 2015, call for the world to simultaneously address development and climate change. Some researchers argue that the SDGs put more emphasis on the value of economic growth, and if so, it would pose a challenging situation, especially to developing countries considering the nexus among economic growth, energy consumption, and CO2 emissions. In order to understand to what extent the SDGs advancement accompanies CO2 emissions increase, a study is needed to investigate development pathways of various countries during the past decades. This study aims to empirically identify well‐performing countries, in terms of both the SDGs implementation and CO2 emission mitigations, and investigate causes of the difference from the others through the decomposition analysis. The results confirm a good number of well‐performers, particularly among the Latin American and the transition countries. It is found that well‐targeted policy interventions for expanding the essential public services such as health, education, energy, water, and sanitation, are effective for advancing the SDGs. The decomposition analysis shows that the countries which made significant advancements in the SDGs had tangible positive economic growth effects on their per‐capita CO2 emissions. But if policy attention is paid to reduce the energy and carbon intensities, especially in the energy‐intensive sectors, such as the industry, energy, and transport sectors, the increases of per‐capita CO2 emissions can be minimized. Proper private sector engagements are considered effective to this end.

show abstract

Section: Discussionmentioning

confidence: 99%

Country diagnostics for low carbon development: Can developing countries pursue simultaneous implementation of the Sustainable Development Goals and the Paris Agreement?

Kobayakawa

2021

Bus Strat Dev

View full text Add to dashboard Cite

show abstract

“…In contrast, research on the privatization of former public-service providers, such as electricity (e.g., Balza, Jimenez, & Mercado, 2013; Kirkpatrick, Parker, & Zhang, 2006), telecom (e.g., Bortolotti, D’Souza, Fantini, & Megginson, 2002; Gasmi, Maingard, Noumba, & Virto, 2013), and water (e.g., Estache & Rossi, 2002; Ogden & Watson, 1999), displayed mixed results. A study of privatized Colombian power generators, for instance, found that, once other factors were accounted for, performance improvement was not systematically associated with ownership change (Pombo & Ramirez-Gomez, 2005).…”

Section: Privatization Outcomes: How Does Privatization Influence Org...mentioning

confidence: 99%

Privatization: Implications of a Shift from State to Private Ownership

Radić

Ravasi

Munir

2021

Journal of Management

View full text Add to dashboard Cite

Privatization—defined here as the transfer of ownership of state-owned organizations to private parties—has attracted the attention of scholars across multiple fields. Privatization programs have been based on the assumption, grounded in microeconomic theory, that a shift from public to private ownership will incentivize more efficient management of available resources. However, failure to deliver the expected outcomes in some cases and the more nuanced perspective on state-ownership offered by recent research in management seem to challenge this assumption, calling for revisiting this literature. Our comparative review of existing studies suggests that the mixed results of privatization programs could be partly explained by what was privatized, how it was privatized, and the regulatory regime under which it was privatized. By doing so, our review provides conceptual clarity and structure to a rich but fragmented body of literature, making seemingly divergent findings more legible, outlining theoretical gaps, and identifying avenues for future exploration.

show abstract

“…In Table 2, we present the descriptive statistics for our two inputs (the transmission length 5 and the purchased electricity) and two outputs (the number of consumers and the energy delivered). For each country, we present the average value over the sample period and the change for the considered period.…”

Section: Electricity Generation Processmentioning

confidence: 99%

“…Sen & Jamasb (2012) find a positive impact of unbundling and the introduction of the independent regulatory authority in India. Balza et al (2013) show that a one percent increase in cumulative private investment is associated with a reduction of T&D losses by 0.13 percent in Latin America. Smith (2004) finds that T&D losses are highly correlated with each of the governance dimensions defined by Kaufmann et al (2010).…”

Section: Introductionmentioning

confidence: 99%