Investment and Regulation in MENA Countries: The Impact of Regulatory Independence
Abstract
National regulatory agencies (NRAs) have recently been set up in several Mediterranean countries with the aim of increasing infrastructure investments and converging toward a harmonized regulatory framework with Europe. Our study empirically investigates the impact of the presence of independent regulatory bodies on the growth of electric generation capacity for a sample of 12 MENA countries (Algeria, Djibouti, Egypt, Iran, Iraq, Jordan, Lebanon, Libya, Morocco, Syria, Tunisia, and Yemen) from 1990 to 2011. We find that inception of ...
Get Regulation and Investments in Energy Markets now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
