Incentive effects of rate-of-return regulation: The case of Hong Kong electric utilities

Journal of Regulatory Economics

Volumn 10, Issue 1, 1996, Pages 99-112

  Peles, Yoram C ^a  

^a HONG KONG UNIVERSITY OF SCIENCE AND TECHNOLOGY   (Hong Kong)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 21344450347     PISSN: 0922680X     EISSN: None     Source Type: Journal    
DOI: 10.1007/BF00133360     Document Type: Article

References (14)

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2. Berg, S.V., and J. Tschirhart. 1988. Natural Monopoly Regulation: Principles and Practice. Cambridge University Press: London.
3. Cameron, N. 1982. Power: The Story of China Light. Oxford University Press: London.
4. Coates, A. 1977. A Mountain of Light: The Story of Hong Kong Electric Co. Heinemann: London.
5. Fisher. F.M., P.S. Fox-Penner, J.E. Greenwood, W.G. Moss, and A. Phillips 1992. " Due diligence and the demand for electricity: A cautionary tale." Review of Industrial Organization 7(2): 117-149.
6. Hogg, R.V., and A.T. Craig 1988. Introduction to Mathematical Statistics. Macmillan: New York.
7. Jarrell, G.A. 1979. "Pro-producer regulation and accounting for assets: The case of electric utilities." Journal of Accounting and Economics 1 (August): 93-116.
8. Modigliani, F., and M. Miller. 1958. "The cost of capital, corporation finance and the theory of investment." American Economic Review 48 (June): 261-297.
9. Myers, S.C. 1977. "Determinants of corporate borrowing." Journal of Financial Economics 5 (November): 147-175.
10. Myers, S.C., and N.S. Majluf. 1984. "Corporate financing and investment decisions when firms have information that investors do not have." Journal of Financial Economics 13(June): 187-221.
11. Sherman, R. 1989. The Regulation of Monopoly. Cambridge University Press: London.
12. Stein, J.L., and G.H. Borts 1972. "Behavior of the firm under regulatory constraint." American Economic Review 62 (December): 964-970.
13. The Scheme of Control Agreement entered into by the Hong Kong Government and The Hong Kong Electric Company Limited and Hongkong Electric Holdings Limited (15 July 1993).
14. The Scheme of Control Agreement entered into by the Hong Kong Government and China Light and Power Company Ltd, Exxon Energy Ltd, Peninsula Electric Power Company Ltd, Kowloon Electricity Supply Company Ltd and Castle Peak Power Company Ltd (9 March 1992).