Artículo
The trade balance effect of infrastructure services regulation
Fecha de publicación:
06/2013
Editorial:
Springer
Revista:
International Economics and Economic policy
ISSN:
1612-4804
e-ISSN:
1612-4812
Idioma:
Inglés
Tipo de recurso:
Artículo publicado
Clasificación temática:
Resumen
This paper addresses the relationship between the design of incentives to firms under regulation, mainly the rule for adjusting tariffs, and trade balance performance of the country. We also explore whether this relationship is relevant or not for a typical developing economy like Argentina. We find it is. To study these issues we perform comparative static numerical exercises using a CGE model where service obligation and no entry in regulated industries are assumed. We show that the capital account openness and the rate of exchange regime could be key elements to match with the regulatory regime. The potential inconsistency between the international trade regime and the regulatory regime should not be rejected a priori.
Palabras clave:
Computable General Equilibrium
,
Utilities Regulation
,
Trade Balance
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Articulos(SEDE CENTRAL)
Articulos de SEDE CENTRAL
Articulos de SEDE CENTRAL
Citación
Chisari, Omar Osvaldo; Estache, Antonio; Lambardi, Germán D.; Romero. Carlos A.; The trade balance effect of infrastructure services regulation; Springer; International Economics and Economic policy; 10; 2; 6-2013; 183-200
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