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dc.contributor.authorToba, Natsukoen_GB
dc.date.accessioned2004-06-16T16:05:25Z
dc.date.available2004-06-16T16:05:25Z
dc.date.created2003-02en_GB
dc.date.issued2004-06-16T16:05:25Z
dc.identifier.urihttp://www.dspace.cam.ac.uk/handle/1810/348
dc.identifier.urihttps://www.repository.cam.ac.uk/handle/1810/348
dc.description.abstractThis paper reports an empirical investigation into the welfare impacts of an introduction of private sector participation into the Philippines electricity generation sector, by liberalizing the market for independent power producers (IPPs) during the power crisis of 1990-1993. This study uses a social cost and benefit analysis. The main benefits came from IPPs, who contributed to resolving the crisis, and promoted economic and social development. Consumers and investors are net gainers, while the Government lost and there was an air pollution cost. The paper concludes that the reform with private sector participation increased social welfare.en_GB
dc.format.extent582886 bytes
dc.format.mimetypeapplication/pdfen_GB
dc.format.mimetypeapplication/pdf
dc.language.isoen_GB
dc.publisherFaculty of Economics
dc.relation.ispartofseriesCambridge Working Papers in Economics
dc.rightsAll Rights Reserveden
dc.rights.urihttps://www.rioxx.net/licenses/all-rights-reserved/en
dc.subject.classificationClassification-JEL: O10; D61; L50; L10; L94.en_GB
dc.subject.otherElectricity; Cost-benefit-analysis; Institutional change.en_GB
dc.titleWelfare Impacts of Electricity Generation Sector Reform in the Philippinesen_GB
dc.typeWorking Paperen
dc.identifier.doi10.17863/CAM.5413


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