Moderation Effect of Government Regulation on the Joint Influence of Water Pricing, Infrastructure Financing, Utility Efficiency and Subsidies on Financial Sustainability of Water Service Providers in Kenya

Christine Mawia Julius and Timothy C. Okech
Additional contact information
Christine Mawia Julius: Post Graduate Student, United States International University-Africa, Kenya,
Timothy C. Okech: United States International University-Africa, Kenya.

International Journal of Economics and Financial Issues, 2021, vol. 11, issue 3, 72-80

Abstract: The purpose of the study was to examine the moderating effect of government regulation on the joint influence of water pricing, infrastructure financing, utility efficiency and subsidies on financial sustainability of Water Service Providers (WSPs) in Kenya. It adopted pragmatism research philosophy using explanatory sequential mixed design, while targeting a population of 616 and a sample of 352 respondents comprising of senior managers from eighty-eight registered WSPs in Kenya. Quantitative data was collected using a structured questionnaire; additional data was collected using interview schedule administered on key informants. Data collected, was coded, cleaned and analyzed to obtain both descriptive and inferential statistics. A two-step regression analysis and analysis of variance (ANOVA) was carried out to establish the nature and the magnitude of hypothesized relationships. The results showed that government regulation has a positive and significant moderating effect on the joint influence of water pricing, infrastructure financing, utility efficiency and subsidies on financial sustainability of WSPs in Kenya. Unlike many studies which have focused on the demand side, this study focused on the supply side and revealed that financial sustainability is a product of many factors which government policy must address concomitantly thus calling for implementation of integrated water management policies.

Keywords: Government Regulation; Water Pricing; Financial Sustainability; Infrastructure Financing; Utility Efficiency; Subsidies (search for similar items in EconPapers)
JEL-codes: O11 O40 O53 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.econjournals.com/index.php/ijefi/article/download/11443/pdf (application/pdf)
https://www.econjournals.com/index.php/ijefi/article/view/11443/pdf (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ1:2021-03-9

Access Statistics for this article

International Journal of Economics and Financial Issues is currently edited by Ilhan Ozturk

More articles in International Journal of Economics and Financial Issues from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().