How Different Is the Efficiency of Public and Private Water Companies in Asia?

Authors: Estache A.; Rossi M.A.

Source: World Bank Economic Review, Volume 16, Number 1, June 2002 , pp. 139-148(10)

Buy & download fulltext article:

Price: $42.29 plus tax (Refund Policy)

Abstract:

Several studies have compared the efficiency of publicly and privately owned water utilities and reached conflicting conclusions on the impact of ownership on efficiency. This article provides further evidence by estimating a stochastic cost frontier for a sample of Asian and Pacific regional water companies. The results show that efficiency is not significantly different in private companies than in public ones.

Language: English

Document Type: Original article

Affiliations: Antonio Estache is with the World Bank Institute, Governance, Regulation, and Finance Division and the European Center for Applied Research in Economics and Statistics, Brussels. His e-mail address is aestache@worldbank.org. Martín A. Rossi is with Universidad Argentina de la Empresa, Economic Regulation Research Centre, Department of Economics, Buenos Aires, and the University of Oxford, Linacre College. His e-mail address is martin.rossi@linacre.ox.ac.uk.

Publication date: 2002-06-01

More about this publication?

The World Bank Economic Review is one of the most widely read scholarly economic journals in the world. It is the only journal of its kind that specializes in quantitative development policy analysis. Subject to strict refereeing, articles examine policy choices and therefore emphasize policy relevance rather than theory or methodology. Readers include economists and other social scientists in government, business, international agencies, universities, and research institutions. The WBER seeks to provide the most current and best research in the field of economic development.

If you are a World Bank e-library subscriber, you can access this title here.