A meta-regression analysis of benchmarking studies on water utilities market structure
Rc Marques () and
Utilities Policy, 2012, vol. 21, issue C, 40-49
This paper updates the literature on water utility benchmarking studies developed worldwide, focusing on scale and scope economies. Using meta-regression analysis, the study investigates which variables from published studies influence these economies. Our analysis yields several conclusions. The results indicate that there is a higher probability of finding diseconomies of scale and scope in large utilities; however, only the results for scale economies are significant. Diseconomies of scale and scope are more likely to be found in publicly-owned utilities than when the ownership is private; as would be expected, multi-utilities are more likely to have scale and scope economies.
Keywords: Scale economies; Scope economies; Meta-regression analysis; Water utilities (search for similar items in EconPapers)
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Working Paper: A meta-regression analysis of benchmarking studies on water utilities market structure (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:juipol:v:21:y:2012:i:c:p:40-49
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