eCite Digital Repository

Reforming the power sector in transition: Do institutions matter?

Citation

Nepal, R and Jamasb, T, Reforming the power sector in transition: Do institutions matter?, Energy Economics, 34, (5) pp. 1675-1682. ISSN 0140-9883 (2012) [Refereed Article]

Copyright Statement

Copyright 2012 Elsevier B.V. All rights reserved.

Official URL: https://www.sciencedirect.com/science/article/pii/...

DOI: doi:10.1016/j.eneco.2012.02.002

Abstract

This paper aims to investigate the often poorly explored link between power sector reforms and wider institutional reforms in the economy across different groups of transition countries. We use panel-data econometrics based on bias corrected dynamic fixed effect analysis (LSDVC) to assess the impact of reforms on macroeconomic and power sector outcomes. The results indicate that power sector reform is highly inter-dependent with wider reforms in other sectors of the economy. The findings indicate that failure to harmonize inter-sector reforms leads to power sector reform measures being ineffective. We conclude that the success of power sector reforms in developing countries largely depend on the extent to which they synchronize inter-sector reforms in the economy.

Item Details

Item Type:Refereed Article
Keywords:power sector, institutions, reforms, transition economies
Research Division:Economics
Research Group:Applied economics
Research Field:Industry economics and industrial organisation
Objective Division:Economic Framework
Objective Group:Microeconomics
Objective Field:Industrial organisations
UTAS Author:Nepal, R (Dr Rabindra Nepal)
ID Code:129876
Year Published:2012
Web of Science® Times Cited:32
Deposited By:TSBE
Deposited On:2018-12-20
Last Modified:2019-01-21
Downloads:0

Repository Staff Only: item control page