Pillai N., Vijayamohanan (2008): Power Sector Reform: Some Lessons for Kerala.
Download (272Kb) | Preview
Electric power is so vital to both our economic and personal wellbeing that the erstwhile state policy in most of the developing countries, including India, had vested the power industry in the hands of the state as a promotional agency for subsidized supply. However, with the onset of the neo-liberalism in the wake of the fall (of the threat) of socialist alternative, the promotional orientation in the state policy had to give way to efficiency considerations in the sense of a neoclassical market economy. Thus has started the infamous power sector restructuring, the technical term for ultimate privatization. Radical policy changes were legislated in India and so far 13 States have reorganized their power sector; in Orissa, Delhi and Noida in Uttar Pradesh power distribution was entirely privatized. Kerala with a militant trade union presence has so far been dragging her feet, even in the face of the stern legislative requirement, portending an ultimate surrender. In this context the present paper attempts to draw some lessons from actual experiences elsewhere.
|Item Type:||MPRA Paper|
|Original Title:||Power Sector Reform: Some Lessons for Kerala|
|Keywords:||Power sector; restructuring; privatization; welfare; corruption; Kerala;|
|Subjects:||H - Public Economics > H5 - National Government Expenditures and Related Policies > H54 - Infrastructures; Other Public Investment and Capital Stock
H - Public Economics > H4 - Publicly Provided Goods > H40 - General
Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics > Q4 - Energy > Q48 - Government Policy
L - Industrial Organization > L9 - Industry Studies: Transportation and Utilities > L94 - Electric Utilities
|Depositing User:||Vijayamohanan Pillai N|
|Date Deposited:||23. Dec 2008 13:37|
|Last Modified:||13. Feb 2013 06:39|
1. Andrews-Speed, P., et al. (1999), ‘Do the Power Sector reforms in China reflect the Interests of Consumers?’, The China Quarterly, No. 158, June: 431-446.
2. Boycko, M., Shleifer, A. and Vishny, R.W. (1995), Privatising Russia, MIT Press, Cambridge, M.A.
3. Brennan T. J. et al. (1996), A Shock to the System: Restructuring America’s Electricity Industry, Resources for the Future, Washington DC.
4. Burtraw, Dallas and Palmer, Karen (1996), ‘Electricity Restructuring and Regional Air Pollution’, Draft Working Paper, Resources for the Future, May.
5. Culy, J.G., Read, E. G., and Wright, B. D. (1996). ‘The Evolution of New Zealand’s Electricity Supply Structure’, in Gilbert and Kahn (1996).
6. D’Sa, Antonette, Murthy, K. V. N., and Reddy, A. K. N. (1999). ‘India’s Power Sector Liberalization: An Overview’, Economic and Political Weekly, June 5, pp. 1427-1434.
7. Easterbrook, G. (2001), ‘Brown and Out’, Span, 42(3), May-June: 42-45.
8. Feige, E.L. (1997), ‘Underground Activity and Institutional Change: Productive, Protective and Predatory Behaviour in Transition Economies’, in Transforming Post-Communist Political Economies, National Research Council, National Academy Press, Washington DC.
9. Galbraith, J.K. (1998), Created Unequal: The Crisis in American Pay, The Free Press, New York.
10. Gilbert, Richard J. and Kahn, Edward P. (1996) (ed.) ‘International Comparisons of Electricity Regulation’, Cambridge University Press.
11. Government of India (1964 a). Report of the High Level Committee on Power. Ministry of irrigation and Power, New Delhi.
12. Government of India (1964 b), Report of the Santhanam Committee on Prevention of Corruption, Ministry of Home Affairs, New Delhi.
13. Government of India (1980). Report of the (Rajadhyaksha) Committee on Power. Ministry of Energy, Department of Power. New Delhi.
14. Government of India (1992). Economic Survey – 1991-92.
15. Government of Kerala, Economic Review, (different volumes), State Planning Board, Thiruvananthapuram.
16. Government of Kerala (1967). Report of the Kerala State Electricity Board Finances Enquiry Commission (Single-Member Commission of P.S. Padmanabhan). October. Government Press, Trivandrum.
17. Government of Kerala (1968). Report of Enquiry by One Man Commission (K.P.S. Nair) on Transmission and Distribution of the KSEB. August. Government Press, Trivandrum.
18. Government of Kerala (1978) Report of the Steering Committee on Energy: Plan Proposals – 1978 – 83. August. State Planning Board, Trivandrum.
19. Government of Kerala (1984), Report of the High Level Committee on Industry, Trade and Power, Vol. III, Report on Power Development, May, State Planning Board, Trivandrum.
20. Government of Kerala (1997). Report of the Committee to Study the Development of Electricity (Chairman: E. Balanandan). February.
21. Government of Kerala (1998 a). Report of the (K. P. Rao) Expert Committee to Review the Tariff Structure of KSEB, May 1998.
22. Government of Kerala (1998 b). Organizational Self-Assessment: Reports of the Working Groups – Discussion Paper, KSEB and EISP, Thiruvananthapuram.
23. Green, Richard (1999). ‘The Electricity Contract Market in England and Wales’, The Journal of Industrial Economics, Vol. XLVII No. 1, March, pp. 107 – 124.
24. International Chamber of Commerce (ICC) (1998) Liberalisation and Privatisation of the Energy sector, ICC Publishing S. A., Paris.
25. Kannan KP and Pillai, N. Vijayamohanan (2002) Plight of the Power Sector in India:Inefficiency, Reform and Political Economy, Centre for Development Studies, Thiruvananthapuram.
26. Kaufman, D. and Siegelbaum, P. (1997), Privatisation and Corruption in Transition Economies’, Journal of International Affairs, 50 (2): 419-458.
27. Killick, Tony. (1993). The Adaptive Economy: Adjustment Policies in Small, Low-Income Countries, World Bank, Washington D.C.
28. Kreuger, A.O. (1974), ‘The Political Economy of the Rent-Seeking Society’, American Economic Review, 64 (3) June 291-303.
29. Lange, O. and Taylor, F. M. (1938), On the Economic Theory of Socialism, University of Minnesota Press, Minneapolis.
30. Lee, Henry and Darani, Negeen (1995), ‘Restructuring and the Environment’, CSIA Discussion Paper 95-13, Kennedy School of Government, Harvard University, December.
31. Malia, M. (1995), ‘The Nomenklatura Capitalists: Who’s Running Russia Now?’, The New Republic, 212 (21): 17-22.
32. Manzetti, L. (1994), Privatisation South American Style, Oxford University Press, Oxford.
33. Massie, R. K. (1980), Peter the Great: His Life and World, Alfred A. Knopf, New York. 34. Mohammad, S. and Whalley, J. (1984), ‘Rent Seeking in India: Its Costs and Policy Significance;, Kyklos, 37 (3): 387-413.
35. Morris, Sebastian (1996). ‘Political Economy of Electric Power in India’, Economic and Political Weekly, Vol. 31, Nos. 20 & 21, May 18 & 25.
36. Morris, Sebastian, (2000). “Regulatory Strategy and Restructuring Model for Gujarat Power Sector”, Economic and Political Weekly, June 3, pp. 1915-1928.
37. Moore, T. G. (1970), 'The Effectiveness of Regulation of Electric Utility Prices', Southern Economic Journal, 36 (April): 365-375.
38. Myrdal, Gunnar (1968), Asian Drama: An Enquiry into the Poverty of Nations, Penguin Books, Middlesex.
39. Newberry, David M., and Green, Richard (1996). ‘Regulation, Public Ownership and Privatisation of English Electricity Industry’, in Gilbert and Kahn (1996).
40. Peltzman, S. (1971), 'Pricing in Public and Private Enterprises: Electric Utilities in the United States', Journal of Law and Economics, April.
41. Pescatrice, D. R. and Trapani III, J. M. (1980), 'The Performance and Objectives of Public and Private Utilities Operating in the United States', Journal of Public Economics, 13 (April): 259-276.
42. Pillai, N. Vijayamohanan (1995) “Liberalisation of Poverty” Paper presented at a seminar on ‘Economic Issues Relating to Social Welfare in Post-Liberalisation India’ on February 10 in the Department of Econometrics, Madras University, Chennai .
43. Quinglian, He (2000), China’s Descent into a Quagmire, reprinted in The Chinese Economy, 33 (3) May-June.
44. Reddy, A.K.N. (2001), ‘California Energy Crisis and Its Lessons for Power Sector Reform in India’, Economic and Political Weekly, 36(18), May 5: 1533-1540.
45. Rose-Ackerman, S. (1999), Corruption and Government: Causes, Consequences and Reform, Cambridge University Press, Cambridge.
46. Smiley, R. H. and Greene, W. H. (1983), 'Determinants of the Effectiveness of Electric Utility Regulation', Resources and Energy, 5: 65-81.
47. Thakur, U. (1979), Corruption in Ancient India, Abhinav Publications, New Delhi.
48. Weisskopf, T. (1992), Russia in Transition: Perils of the Fast Track to Capitalism’, Challenge, no.11: 28-37.
49. World Bank (1996), India: Five Years of Stabilisation and Reform and the Challenges Ahead, Washington D. C.
50. World Bank (1997), World Development Report 1997: The State in a Changing World, Oxford University Press, New York.
51. World Bank (2000), The Private Sector and Power Generation in China, World Bank Discussion Paper No. 406, February, Washington DC.