IDEAS home Printed from https://ideas.repec.org/a/eee/juipol/v77y2022ics0957178722000583.html
   My bibliography  Save this article

Can we have it all? The evolution of regulatory frameworks in Latin America

Author

Listed:
  • González, Camilo Ignacio

Abstract

Regulation literature has suggested several desirable characteristics for regulatory frameworks. This paper evaluates whether all desirable features can be achieved harmoniously or whether there are contradictions among them. We collected longitudinal data from regulatory frameworks in the electricity sector in Latin America and used a mixed-factor analysis to construct indices that capture regulatory characteristics. The results indicate that the evolution of regulatory frameworks differs across indices. We found that some characteristics are weakly related to one another, independence has a weak correlation with coordination, and the use of better regulatory practices weakly correlates with agencies’ institutional features.

Suggested Citation

  • González, Camilo Ignacio, 2022. "Can we have it all? The evolution of regulatory frameworks in Latin America," Utilities Policy, Elsevier, vol. 77(C).
    • Handle: RePEc:eee:juipol:v:77:y:2022:i:c:s0957178722000583
    DOI: 10.1016/j.jup.2022.101393
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0957178722000583
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.jup.2022.101393?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Gutierrez, Luis H. & Berg, Sanford, 2000. "Telecommunications liberalization and regulatory governance: lessons from Latin America," Telecommunications Policy, Elsevier, vol. 24(10-11), pages 865-884, November.
    2. Giandomenico Majone, 2001. "Two Logics of Delegation," European Union Politics, , vol. 2(1), pages 103-122, February.
    3. Alketa Peci & Filipe Sobral, 2011. "Regulatory Impact Assessment: How political and organizational forces influence its diffusion in a developing country," Regulation & Governance, John Wiley & Sons, vol. 5(2), pages 204-220, June.
    4. Jacint Jordana & David Levi-Faur, 2005. "The Diffusion of Regulatory Capitalism in Latin America: Sectoral and National Channels in the Making of a New Order," The ANNALS of the American Academy of Political and Social Science, , vol. 598(1), pages 102-124, March.
    5. Koop, Christel, 2011. "Explaining the Accountability of Independent Agencies: The Importance of Political Salience," Journal of Public Policy, Cambridge University Press, vol. 31(2), pages 209-234, August.
    6. Marques, Rui Cunha & Pinto, Francisco Silva, 2018. "How to watch the watchmen? The role and measurement of regulatory governance," Utilities Policy, Elsevier, vol. 51(C), pages 73-81.
    7. Julia Black, 2008. "Constructing and contesting legitimacy and accountability in polycentric regulatory regimes," Regulation & Governance, John Wiley & Sons, vol. 2(2), pages 137-164, June.
    8. Maria Victoria Murillo & Cecilia Martínez‐Gallardo, 2007. "Political Competition and Policy Adoption: Market Reforms in Latin American Public Utilities," American Journal of Political Science, John Wiley & Sons, vol. 51(1), pages 120-139, January.
    9. Jacint Jordana & Xavier Fernández‐i‐Marín & Andrea C. Bianculli, 2018. "Agency proliferation and the globalization of the regulatory state: Introducing a data set on the institutional features of regulatory agencies," Regulation & Governance, John Wiley & Sons, vol. 12(4), pages 524-540, December.
    10. Leautier, Thomas-Olivier, 2018. "On the long-term impact price caps: Investment, uncertainty, imperfect competition, and rationing," International Journal of Industrial Organization, Elsevier, vol. 61(C), pages 53-95.
    11. Liston, Catherine, 1993. "Price-Cap versus Rate-of-Return Regulation," Journal of Regulatory Economics, Springer, vol. 5(1), pages 25-48, March.
    12. Narzetti, Daniel Antonio & Marques, Rui Cunha, 2021. "Isomorphic mimicry and the effectiveness of water-sector reforms in Brazil," Utilities Policy, Elsevier, vol. 70(C).
    13. Camilo Ignacio González & Koen Verhoest, 2018. "The Formal Delegation of Regulatory Decisions in the Telecommunication Sector: An Explanation Using Classification Trees," Review of Policy Research, Policy Studies Organization, vol. 35(4), pages 617-641, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Alketa Peci & Aline de Menezes Santos & Bruno César Pino Oliveira de Araújo, 2022. "Quo Vadis? Career paths of Brazilian regulators," Regulation & Governance, John Wiley & Sons, vol. 16(2), pages 470-486, April.
    2. Roy Gava, 2022. "Challenging the regulators: Enforcement and appeals in financial regulation," Regulation & Governance, John Wiley & Sons, vol. 16(4), pages 1265-1282, October.
    3. Katarína Šipulová & Samuel Spáč & David Kosař & Tereza Papoušková & Viktor Derka, 2023. "Judicial Self‐Governance Index: Towards better understanding of the role of judges in governing the judiciary," Regulation & Governance, John Wiley & Sons, vol. 17(1), pages 22-42, January.
    4. Manuel Becker & Thomas Dörfler & Thomas Gehring, 2018. "Credible commitment without independent regulatory agent: Evidence from the Security Council's United Nations Compensation Commission," Regulation & Governance, John Wiley & Sons, vol. 12(3), pages 395-412, September.
    5. Lee, Changyen & Cheng, Chun-Fa & Chuang, Min-Ta & Hsu, Wei-Chieh & Chen, Yen-Hung & Cheng, Kuo-Tai, 2018. "How transparency and accountability matter in regulating the Taiwan Water Supply Corporation," Utilities Policy, Elsevier, vol. 52(C), pages 50-58.
    6. repec:gig:joupla:v:2:y:2010:i:1:p:3-30 is not listed on IDEAS
    7. Mark Dawson & Adina Maricut‐Akbik, 2023. "Accountability in the EU's para‐regulatory state: The case of the Economic and Monetary Union," Regulation & Governance, John Wiley & Sons, vol. 17(1), pages 142-157, January.
    8. Antonio Estache & Marco Manacorda & Tommaso M. Valletti, 2002. "Telecommunications Reform, Access Regulation, and Internet Adoption in Latin America," Economía Journal, The Latin American and Caribbean Economic Association - LACEA, vol. 0(Spring 20), pages 153-218, January.
    9. repec:bla:jcmkts:v:47:y:2009:i::p:483-506 is not listed on IDEAS
    10. Ayako Hirata, 2021. "How networks among frontline offices influence regulatory enforcement: Diffusion and justification of interpretation of risk," Regulation & Governance, John Wiley & Sons, vol. 15(4), pages 1388-1405, October.
    11. Bartle, Ian & Vass, Peter, 2007. "Independent economic regulation: A reassessment of its role in sustainable development," Utilities Policy, Elsevier, vol. 15(4), pages 261-269, December.
    12. Daniel Fitzpatrick & Rebecca Monson, 2022. "Property rights and climate migration: Adaptive governance in the South Pacific," Regulation & Governance, John Wiley & Sons, vol. 16(2), pages 519-535, April.
    13. Josefina Erikson & Oscar L. Larsson, 2022. "Beyond client criminalization: Analyzing collaborative governance arrangements for combatting prostitution and trafficking in Sweden," Regulation & Governance, John Wiley & Sons, vol. 16(3), pages 818-835, July.
    14. Seikel, Daniel, 2011. "Wie die Europäische Kommission Liberalisierung durchsetzt: Der Konflikt um das öffentlich-rechtliche Bankenwesen in Deutschland," MPIfG Discussion Paper 11/16, Max Planck Institute for the Study of Societies.
    15. Steele Santos, Paulo E. & Coradi Leme, Rafael & Galvão, Leandro, 2012. "On the electrical two-part tariff—The Brazilian perspective," Energy Policy, Elsevier, vol. 40(C), pages 123-130.
    16. Eckert, Sandra, 2020. "EU agencies in banking and energy between institutional and policy centralisation," SAFE Working Paper Series 278, Leibniz Institute for Financial Research SAFE.
    17. Henriques, Alda A. & Camanho, Ana S. & Amorim, Pedro & Silva, Jaime G., 2020. "Performance benchmarking using composite indicators to support regulation of the Portuguese wastewater sector," Utilities Policy, Elsevier, vol. 66(C).
    18. Bruno Meyerhof Salama & Vicente P. Braga, 2023. "The case for private administration of deposit guarantee schemes," Journal of Banking Regulation, Palgrave Macmillan, vol. 24(1), pages 51-65, March.
    19. Li, Yan, 2011. "The competitive landscape of China’s telecommunications industry: Is there a need for further regulatory reform?," Utilities Policy, Elsevier, vol. 19(3), pages 125-133.
    20. Sjef Ederveen & George Gelauff & Jacques Pelkmans, 2008. "Assessing Subsidiarity," Springer Books, in: George Gelauff & Isabel Grilo & Arjan Lejour (ed.), Subsidiarity and Economic Reform in Europe, chapter 2, pages 19-40, Springer.
    21. Lars Kumkar, 2003. "Regulatory Choices and Commitment: Challenges for Electricity Market Regulation in Kosovo," Post-Communist Economies, Taylor & Francis Journals, vol. 15(1), pages 91-115.
    22. Paleologos, John M. & Polemis, Michael L., 2013. "What drives investment in the telecommunications sector? Some lessons from the OECD countries," Economic Modelling, Elsevier, vol. 31(C), pages 49-57.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:juipol:v:77:y:2022:i:c:s0957178722000583. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.sciencedirect.com/journal/utilities-policy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.