Regulatory policies and reforms in the power and downstream oil industries / (Record no. 7367)

000 -LEADER
fixed length control field 01737naa a2200205Ia 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 160503s9999 xx 000 0 und d
001 - CONTROL NUMBER
control field art0937
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Aldaba, Rafaelita M.
245 ## - TITLE STATEMENT
Title Regulatory policies and reforms in the power and downstream oil industries /
300 ## - PHYSICAL DESCRIPTION
Extent pp.65-106
490 ## - SERIES STATEMENT
Series statement Vol. 31 No. 1 First Sem 2004
520 ## - SUMMARY, ETC.
Summary, etc. This paper looks at the regulatory reforms in the electricity and downstream oil industries, two important inputs to the production process that were heavily regulated by the government. While electricity has strong externalities as well as economies of scale and scope, the oil industry does not exhibit natural monopoly characteristics nor does it display economic features that would warrant government regulation. The paper also analyzes the economic theories underlying these reforms: why is regulation necessary, what are the different forms of regulation, and how can these policy reforms bring about competition? It also identifies the emerging issues and problems associated with the regulatory reforms. Given our little experience in the effective use of public regulation in a market-driven setting, research is needed to provide a deeper understanding of these issues within the context of our economic, institutional, and political structure. This is necessary in order to come up with possible approaches to overcome our weaknesses and shore up weak administrative and enforcement capacities.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Oil industry
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Industry deregulation
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Power crisis
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Power sector
773 ## - HOST ITEM ENTRY
Record control number 0115-9143
Title Philippine Journal of Development
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier http://dirp4.pids.gov.ph/ris/pjd/pidspjd04-1power.pdf
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Journal Articles
Source of classification or shelving scheme

No items available.

Philippine Institute for Development Studies | Powered by Koha