Analysis of investment allocation within state and private companies of the Brazilian electric power sector

被引:0
|
作者
Almeida, Denizart do Rosario [1 ,2 ]
Amncio Negrao, Andrea Costa [3 ,4 ]
机构
[1] Univ Fed Rio de Janeiro, Inst Econ Ind, Econ, Rio De Janeiro, Brazil
[2] Univ Fed Fluminense, Fac Econ, Niteroi, RJ, Brazil
[3] Ipea, Niteroi, RJ, Brazil
[4] Escola Negocios UniverCidade, Niteroi, RJ, Brazil
来源
REVISTA DO SERVICO PUBLICO | 2007年 / 58卷 / 01期
关键词
investment; electric power sector; state company;
D O I
暂无
中图分类号
C93 [管理学]; D035 [国家行政管理]; D523 [行政管理]; D63 [国家行政管理];
学科分类号
12 ; 1201 ; 1202 ; 120202 ; 1204 ; 120401 ;
摘要
This paper examines the allocation of resources within the state-owned and the private enterprises that structure the Brazilian electric power sector during 1995-2005, as well as the contribution of their investment strategies to the sustained development of the sector. In the first part, the article provides an assessment of the evolution of the average energy tariff compared against the different price indexes of the economy and its possible impacts on energy consumption and on the companies' financial results. It then analyzes the investment behavior of state and private companies in the electric power sector during the period by referring to two models of investment determination in different contexts. The paper points out that state-owned enterprises are still needed in the new regulatory model and stresses the important role they play in adjusting the allocation of resources in order to promote sustained development in the Brazilian electric power sector.
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页码:57 / 76
页数:20
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