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

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 fronti...

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Bibliographic Details
Main Authors: Estache, Antonio, Rossi, Martin A.
Format: Journal Article
Language:English
en_US
Published: Washington, DC: World Bank 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2002/01/17737089/different-efficiency-public-private-water-companies-asia
http://hdl.handle.net/10986/17192
Description
Summary: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.