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Infrastructure Investment in Network industries: The Role of Incentive Regulation and Regulatory Independence

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Organisation for Economic Co-operation and Development2026-04-11 收录
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https://www.oecd.org/en/publications/infrastructure-investment-in-network-industries_225261508320.html
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This paper finds that coherent regulatory policies can boost investment in network industries of OECD economies. Rate-of-return regulation is generally thought to result in overinvestment, while incentive regulation is believed to entail underinvestment. Yet, previous empirical work has generally found that the introduction of incentive regulation...
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