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Regulatory politics in user prices: evidence for the Portuguese water industry

机译:用户价格的管制政治:葡萄牙水业的证据

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摘要

This study explores the relationship between economic regulation and user prices in the Portuguese water industry. The empirical analysis demonstrates that economic regulation based on the rate of return model is attached to higher user prices in a comparison with the other organizations that are directly dependent on political decisions. Moreover, comparisons between operators through benchmarking might have an impact on user prices. In addition, this study shows that a stronger prediction of user prices exists when considering the adopted management model for the delivery of water services. Main findings: the managerial element is not a primary goal, instead, the political option still prevails for user prices.
机译:这项研究探讨了葡萄牙水行业中经济监管与用户价格之间的关系。实证分析表明,与直接依赖于政治决策的其他组织相比,基于回报率模型的经济监管与较高的用户价格相关。此外,运营商之间通过基准进行比较可能会影响用户价格。此外,这项研究表明,在考虑采用的供水服务管理模型时,存在对用户价格的更强有力的预测。主要发现:管理要素不是主要目标,取而代之的是,用户选择仍然是政治选择。

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