| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14416 |
| DP14416 The Consequences of Treating Electricity as a Right | |
| Michael Greenstone; Nicholas Ryan; Anant Sudarshan | |
| 发表日期 | 2020-02-17 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | This paper seeks to explain why billions of people in developing countries either have no access to electricity or lack a reliable supply. We present evidence that these shortfalls are a consequence of electricity being treated as a right and that this sets off a vicious four-step circle. In step 1, because a social norm has developed that all deserve power independent of payment, subsidies, theft, and nonpayment are widely tolerated. In step 2, electricity distribution companies lose money with each unit of electricity sold and in total lose large sums of money. In step 3, government-owned distribution companies ration supply to limit losses by restricting access and hours of supply. In step 4, power supply is no longer governed by market forces and the link between payment and supply is severed, thus reducing customers' incentives to pay. The equilibrium outcome is uneven and sporadic access that undermines growth. |
| 主题 | Development Economics |
| 关键词 | Electricity distribution |
| URL | https://cepr.org/publications/dp14416 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543310 |
| 推荐引用方式 GB/T 7714 | Michael Greenstone,Nicholas Ryan,Anant Sudarshan. DP14416 The Consequences of Treating Electricity as a Right. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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