Public-Private Partnerships and Prices: Evidence from Water Distribution in France
Eshien Chong (),
Freddy Huet (),
Stephane Saussier and
Faye Steiner
Review of Industrial Organization, 2006, vol. 29, issue 1, 149-169
Abstract:
We use an original database of 5000 French local public authorities to explore the impact of organizational choice and performance as measured by consumer prices. In quantifying the impact of the choice of public-private partnerships (PPPs) on performance, we consider the related issue of the determinants of organizational choice. We estimate a switching regressions model to account for the endogeneity of organizational choice, and find that in our sample, (i) the choice by local public authorities to engage in a PPP is not random, and (ii) conditional on the choice of a PPP, consumer prices are significantly higher on average. Copyright Springer 2006
Keywords: Contractual Choices; Public-Private Partnerships; Public Services; Transaction Costs; Water supply; H0; H7; K00; L33 (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (80)
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Working Paper: Public-Private Partnerships and Prices: Evidence from Water Distribution in France (2006)
Working Paper: Public-Private Partnerships and Prices: Evidence from Water Distribution in France (2006)
Working Paper: Public-private partnerships and prices: evidence from water distribution in France (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:kap:revind:v:29:y:2006:i:1:p:149-169
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DOI: 10.1007/s11151-006-9106-8
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