The paper first provides, for Latin America and the Caribbean, country-specific synthetic quantitative measures of the degree of adoption of governance reforms in the electricity sector, focusing on four key dimensions (market structure, private sector participation (PSP), regulatory autonomy and operational organization). These measures are then correlated with standard policy performance outcomes measures. The findings suggest that, the reforms, considered jointly, were statistically significantly associated with higher technical and process quality but not with social or service improvements. Considered individually, increased regulatory autonomy enjoyed the highest positive correlation with desirable outcomes, but PSP has no significant correlation with any of the outcomes. In sum, as of 2018, governance reforms, considered jointly, had still not delivered on some promised payoffs, notably in addressing energy poverty, although the sensitivity analysis suggests that, for some indicators, the relationships are stronger for larger than for smaller countries.

本文首先针对拉丁美洲和加勒比地区，提供了针对电力行业治理改革采用程度的针对特定国家的综合量化指标，重点关注四个关键方面（市场结构，私营部门参与（PSP），监管自主权和运营组织）。然后，将这些措施与标准政策绩效结果措施进行关联。调查结果表明，联合考虑的改革在统计上与较高的技术和过程质量显着相关，而与社会或服务的改善无关。单独考虑，增加的监管自主权与期望的结果具有最高的正相关性，但PSP与任何结果均无显着相关性。总而言之，截至2018年，共同考虑的治理改革包括：