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dc.contributor.authorParedes, Ricardoes_CL
dc.identifier.citationRevista de Análisis Económico 10(2): 1995, p. 89-112es_CL
dc.identifier.othereISSN 0718-8870es_CL
dc.description.abstractWe analyzed a hypothesis suggesting that the newly privatized firms in Chile produced little if any important advantages as they would have performed poorly once privatized and the hypothesis that the regulatory problems were the consequence of obvious mistakes that could have easily be avoided. In spite of the fact that the only way to advance in this debate is by resorting to empirical estimates, no attempts have been made to define the nature of the regulatory problems that would question the convenience of privatization or empirically estimate the losses linked with obviolls mistakes in the regulatory framework. In this paper we do both, analyze whether indeed obvious and easily avoidable regularion problems in Chile's newly privatized sectors exist and, if it is the case, we empirically estimate the costs associated with this kind of problems. Specifically, we explore the nature of the socalled regulatory problems in Chile's newly privatized sectors (Electricity, Telecomm. and Airlines). We measure the welfare costs due to regulatory procedures and compare them with the estimated efficiency gains arising from privatization.en_US
dc.publisherILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocioses_CL
dc.rightsAttribution 3.0 Unported
dc.subject.lcshPrivatización -- Chilees_CL
dc.subject.lcshBienestar sociales_CL
dc.titleEvaluating the Cost of Bad Regulation in Newly Privatized Sectors: The Chilean Casees_CL

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Attribution 3.0 Unported
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