Centro de Documentación
Registro:
Chisari, Omar O.; Estache, Antonio; Romero, Carlos Adrián
Winners and losers from Utility Privatization in Argentina. Lessons from a General Equilibrium Model. . Buenos Aires: Universidad Argentina de la Empresa, march 1999. 40 p. (Working Paper/ Universidad Argentina de la Empresa. Instituto de Economía. Centro de Estudios Económicos de la Regulación; 3).
Notas:
El texto ha sido traducido por la T.P. Viviana San Lorenzo del Centro de Documentación y Traducciones "Dr. Ricardo Koolen".
Temas:
empresas públicas, privatizaciones, servicios públicos domiciliarios, energía eléctrica, agua potable, telecomunicaciones
Contenido:
Acceso al texto original completo
Acceso al texto traducido completo
Indice
página
1.
Introduction
4
2.
Argentina’s Privatizations
6
Electricity.
6
Gas
6
Water
6
Telecommunications.
7
3.
Basic Analytical Structure of the Model
7
Consumers.
8
Private Firms.
10
Privatized Utilities.
10
The Public Sector.
11
The Rest of the World.
11
The Factor Markets.
11
The Market for "Bonds".
11
4.
Changes in the Performance of Utilities Operated Privately
12
5.
Assessing the Long Run Efficiency And Distributional Effect of Private Operation
14
5.1.
Macroeconomic Effects
18
5.1.1.
Effects of Sector Specific Changes
18
5.1.2.
Effects of Changes in Specific Performance Indicators
20
5.1.3.
Sector Specific Effects of Changes
21
5.2.
Distributional Effects
22
5.2.1.
Distributional Effects of Sector Specific Changes
25
5.2.2.
Effects of Changes in Specific Performance Indicators
26
6.
Initial Effect of the Change to Private Operation
27
7.
How Constraining Are Macroeconomic Shocks for Gains from Privatizations?
28
8.
Summary of Main Conclusions
30
Appendix: A Formal Description of the Model.
32
Consumers
32
Private firms
33
Privatized utilities
35
The Public Sector
36
The Rest of the World.
37
The Labor Market
38
Investment Goods Industries.
38
The Market for "Bonds".
38