Economic regulation of utility industries
By: Kodwani, Devendra G.
Material type:
ArticlePublisher: 2000Description: p.2657-661.Subject(s): Public utilities
In:
Economic and Political WeeklySummary: This paper addresses some important issues of regulatory institutions in India. The regulators should be chosen for their economic and technical understanding of the respective sectors. They should function as an agent for the government and the consumers of the regulated utility. The pros and cons of the rate of return and price cap regulation are discussed in this article, and it is argued that price cap regulation deserves careful consideration in the debate in India. - Reproduced
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Articles
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Indian Institute of Public Administration | Volume no: 35, Issue no: 30 | Available | AR46005 |
This paper addresses some important issues of regulatory institutions in India. The regulators should be chosen for their economic and technical understanding of the respective sectors. They should function as an agent for the government and the consumers of the regulated utility. The pros and cons of the rate of return and price cap regulation are discussed in this article, and it is argued that price cap regulation deserves careful consideration in the debate in India. - Reproduced
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