Centro de Documentación

Registro:

Green, Richard; Rodríguez Pardina, Martín Resetting price controls for privatized utilities: a manual for regulators. . Washington, D.C.: World Bank, 1999. 109 p.. (EDI development studies/ ; ).

Notas:
Temas:	costo de capital, tarifas, sistemas tarifarios, regulación, estructura de capital
Contenido:	Acceso al texto completo Contents Foreword v Acknowledgements vii 1. Introduction and Summary: Revising Price Controls 1 2. The Philosophy of Price Controls 5 Rate of Return Regulation 7 RPI - X Regulation 8 Profit-Sharing Regulation 12 3. Procedures for Resetting a Price Control 15 Information Gathering 15 Analysis and Decisionmaking 18 Announcement 19 Implementation 23 Possible Timetables 26 4. The Form of a Price Control 27 Price Structure 28 Price-Basket Controls 30 Revenue-Yield Controls 31 Pass-through Terms 36 The Choice of Price Index 41 Duration of the Control 45 5. Present Value Calculations 47 The Cost-Based Approach 48 The Value-Based Approach 54 The Path of a Price Control 57 6. Operating Costs 61 Cost Projections 61 Yardstick Regulation 64 7. Investment and the Regulatory Asset Base 69 Investment 70 The Regulatory Asset Base 71 Depreciation 74 8. Revenues 77 Revenue Forecasting 77 Unregulated Sales 81 Quality Standards 82 9. The Rate of Return 85 Taxation 85 Stock Market Measures of the Cost of Capital 87 Other Methods 92 The Cost of Capital for the Gas Industry in Argentina 94 Appendix: Taxes 99 Tax-Effect on Cash Flow 99 After-Tax Cost of Debt 100 Toll Road Services 235 References 103 Index 105