Do economic regulatory agencies matter to private-sector involvement in water utilities in developing countries?

Salvador Bertoméu-Sánchez, Daniel Camos and Antonio Estache
Authors registered in the RePEc Author Service: Salvador Bertoméu Sánchez

Utilities Policy, 2018, vol. 50, issue C, 153-163

Abstract: This paper suggests that, for developing countries, the creation of economic regulatory agencies, separate from the ministry in charge of water and sanitation, may not be a necessary or sufficient condition to stimulate large scale private involvement (PPPs) in the sector. The odds of an impact are higher for Latin American countries than other regions and for countries with higher income levels. They are also better when inflation is high. At the margin, the odds are unrelated to the contract type, except for greenfield projects, for which they may be contraindicated.

Keywords: Regulation; Regulatory agencies; Water utilities; Privatization; Public-private partnerships (search for similar items in EconPapers)
JEL-codes: L33 L38 L43 L51 L95 L97 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:juipol:v:50:y:2018:i:c:p:153-163

DOI: 10.1016/j.jup.2018.01.001

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