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首页> 外文期刊>Energy economics >Electric power sector reform liberalization models and electric power prices in developing countries:An empirical analysis using international panel data
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Electric power sector reform liberalization models and electric power prices in developing countries:An empirical analysis using international panel data

机译：发展中国家的电力部门改革自由化模型和电力价格：使用国际面板数据的经验分析

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This study aims to clarify whether the effects of electric power sector reforms should be different either across regions, or between developing and developed countries. An empirical model was analyzed to observe the impact of electric power prices on the selection of a liberalization model in the power sector. This was achieved by the use of an ordered response, fixed effect and a random effect model. An instrument variable technique was also used to estimate the impact of the liberalization model on the electric power price. This technique addressed the problems of simultaneity bias between the electric power price and the liberalization models selected. These econometric models were designed using panel data from 78 countries in four regions (developed countries, Asian developing countries, the former Soviet Union and Eastern Europe, and Latin America) for the period from 1985 to 2003. The research findings suggest that higher electricity prices are one of the driving forces for governments to adopt liberalization models. However, the development of liberalization models in the power sector does not necessarily reduce electricity prices. In fact, contrary to expectations, there was a tendency for the price to rise in every market modeled.
机译：这项研究旨在阐明电力部门改革的效果在地区之间还是在发展中国家与发达国家之间是否应该有所不同。分析了一个经验模型，以观察电价对电力部门自由化模型选择的影响。这是通过使用有序响应，固定效应和随机效应模型来实现的。还使用一种工具可变技术来估计自由化模型对电价的影响。该技术解决了电价与所选自由化模型之间同时偏差的问题。这些计量经济学模型是使用来自四个地区（发达国家，亚洲发展中国家，前苏联和东欧以及拉丁美洲）的78个国家的1985年至2003年的面板数据设计的。研究发现表明，较高的电价是政府采用自由化模式的动力之一。但是，电力部门自由化模型的发展并不一定会降低电价。实际上，与预期相反，在每个模型市场中都有价格上涨的趋势。

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