Utilities reforms and corruption in developing countries
Antonio Estache,
A. Goicoechea and
Lourdes Trujillo ()
ULB Institutional Repository from ULB -- Universite Libre de Bruxelles
Abstract:
This paper shows empirically that "privatization" in the energy, telecommunications, and water sectors, and the introduction of independent regulators in those sectors, have not always had the expected effects on access, affordability, or quality of services. It also shows that corruption leads to adjustments in the quantity, quality, and price of services consistent with the profit-maximizing behavior that one would expect from monopolies in the sector. Finally, our results suggest that privatization and the introduction of independent regulators have, at best, only partial effects on the consequences of corruption for access, affordability, and quality of utilities services. © 2008 Elsevier Ltd. All rights reserved.
Keywords: Corruption; Privatization; Regulation; Utilities (search for similar items in EconPapers)
Date: 2008-11
Note: SCOPUS: ar.j
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Citations: View citations in EconPapers (2)
Published in: Utilities policy (2008),p.1-12
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Related works:
Journal Article: Utilities reforms and corruption in developing countries (2009) 
Working Paper: Utilities reforms and corruption in developing countries (2007) 
Working Paper: Utilities reforms and corruption in developing countries (2006) 
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Persistent link: https://EconPapers.repec.org/RePEc:ulb:ulbeco:2013/43908
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