Can the gains from Argentina's utilities reform offset credit shocks?
Daniel A. Benítez, Omar O. Chisari, Antonio Estache, World Institute for Development Economics Research
UNU/WIDER, 2001 - Business & Economics - 26 pages
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adjusted Argentina assess Bad Good Bad Bad Good regulation bad regulation Buenos Aires Cambridge cent changes Chisari Cobb-Douglas computable general equilibrium constraint consumption costs debt Development economy effect of privatization effects of reform efficiency gains electricity distribution equilibrium model equivalent variation Estache and Romero exports factor income fiscal effects fiscal gains fiscal revenue fixed proportions Gini coefficient Helsinki household IGIN impact implies improved income groups increase indirect fiscal infrastructure services interest rate shock international interest rate investment labour and capital labour market levels macroeconomic parameter poorest price rc private operators private sector privatized firms privatized utilities Productivity Combined Bad public sector purchases quintile reduction regulation regulation regulation regulatory regime rents represented richest Scale Productivity Combined scenario sector-specific simulations summarizes Table tariffs taxbase tequila transfer unemployment rate unit of output utilities reform utilities sector utility function value added value added tax variable welfare World Bank