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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Main Authors:	Estache, Antonio, Rossi, Martin A.
Format:	Journal Article
Language:	English en_US
Published:	Washington, DC: World Bank 2014
Subjects:	ACCOUNTING ALLOCATIVE EFFICIENCY CAP REGULATION CENTRAL BANK CONSUMERS COST FUNCTIONS COST OF WATER CUBIC METERS DRIVERS ECONOMETRICS ECONOMIC EFFICIENCY ECONOMIC REGULATION EFFICIENCY MEASUREMENT EFFICIENCY SCORES ELECTRIC UTILITIES ELECTRICITY DISTRIBUTION ELECTRICITY DISTRIBUTION SECTOR EMPIRICAL ECONOMICS EMPIRICAL EVIDENCE EXOGENOUS VARIABLES FRONTIER ESTIMATION FRONTIER MODELS FRONTIER PRODUCTION FRONTIER PRODUCTION FUNCTION MODELS HEDONIC COST HEDONIC COST APPROACH INEFFICIENCY LEAST COST MAINTENANCE REQUIREMENTS METER READING MODEL SPECIFICATION NUMBER OF CONNECTIONS OPERATIONAL COSTS OUTPUTS PRIVATE COMPANIES PRIVATE OPERATORS PRIVATE PROVIDERS PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRIVATE WATER COMPANIES PRIVATIZATION PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVITY PROPERTY RIGHTS PUBLIC COMPANIES QUALITY OF SERVICE REGULATORS RETURN REGULATION RETURNS TO SCALE REVENUE CAPS SANITATION SANITATION SECTOR SURFACE SOURCES TECHNICAL EFFICIENCIES TECHNICAL EFFICIENCY TRANSLOG TRANSPORT REGULATORS UTILITY EFFICIENCY VARIABLE RETURNS WATER AVAILABILITY WATER SERVICES WATER SYSTEMS WATER UTILITIES WATER UTILITY YARDSTICK COMPETITION
Online Access:	http://documents.worldbank.org/curated/en/2002/01/17737089/different-efficiency-public-private-water-companies-asia http://hdl.handle.net/10986/17192

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recordtype	oai_dc
spelling	okr-10986-171922021-04-23T14:03:29Z How Different is the Efficiency of Public and Private Water Companies in Asia? Estache, Antonio Rossi, Martin A. ACCOUNTING ALLOCATIVE EFFICIENCY CAP REGULATION CENTRAL BANK CONSUMERS COST FUNCTIONS COST OF WATER CUBIC METERS DRIVERS ECONOMETRICS ECONOMIC EFFICIENCY ECONOMIC REGULATION EFFICIENCY MEASUREMENT EFFICIENCY SCORES ELECTRIC UTILITIES ELECTRICITY DISTRIBUTION ELECTRICITY DISTRIBUTION SECTOR EMPIRICAL ECONOMICS EMPIRICAL EVIDENCE EXOGENOUS VARIABLES FRONTIER ESTIMATION FRONTIER MODELS FRONTIER PRODUCTION FRONTIER PRODUCTION FUNCTION MODELS HEDONIC COST HEDONIC COST APPROACH INEFFICIENCY LEAST COST MAINTENANCE REQUIREMENTS METER READING MODEL SPECIFICATION NUMBER OF CONNECTIONS OPERATIONAL COSTS OUTPUTS PRIVATE COMPANIES PRIVATE OPERATORS PRIVATE PROVIDERS PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRIVATE WATER COMPANIES PRIVATIZATION PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVITY PROPERTY RIGHTS PUBLIC COMPANIES QUALITY OF SERVICE REGULATORS RETURN REGULATION RETURNS TO SCALE REVENUE CAPS SANITATION SANITATION SECTOR SURFACE SOURCES TECHNICAL EFFICIENCIES TECHNICAL EFFICIENCY TRANSLOG TRANSPORT REGULATORS UTILITY EFFICIENCY VARIABLE RETURNS WATER AVAILABILITY WATER SERVICES WATER SYSTEMS WATER UTILITIES WATER UTILITY YARDSTICK COMPETITION 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. 2014-02-26T22:32:50Z 2014-02-26T22:32:50Z 2002-01 Journal Article http://documents.worldbank.org/curated/en/2002/01/17737089/different-efficiency-public-private-water-companies-asia World Bank Economic Review http://hdl.handle.net/10986/17192 English en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Journal Article Publications & Research East Asia and Pacific Asia Oceania
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ACCOUNTING ALLOCATIVE EFFICIENCY CAP REGULATION CENTRAL BANK CONSUMERS COST FUNCTIONS COST OF WATER CUBIC METERS DRIVERS ECONOMETRICS ECONOMIC EFFICIENCY ECONOMIC REGULATION EFFICIENCY MEASUREMENT EFFICIENCY SCORES ELECTRIC UTILITIES ELECTRICITY DISTRIBUTION ELECTRICITY DISTRIBUTION SECTOR EMPIRICAL ECONOMICS EMPIRICAL EVIDENCE EXOGENOUS VARIABLES FRONTIER ESTIMATION FRONTIER MODELS FRONTIER PRODUCTION FRONTIER PRODUCTION FUNCTION MODELS HEDONIC COST HEDONIC COST APPROACH INEFFICIENCY LEAST COST MAINTENANCE REQUIREMENTS METER READING MODEL SPECIFICATION NUMBER OF CONNECTIONS OPERATIONAL COSTS OUTPUTS PRIVATE COMPANIES PRIVATE OPERATORS PRIVATE PROVIDERS PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRIVATE WATER COMPANIES PRIVATIZATION PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVITY PROPERTY RIGHTS PUBLIC COMPANIES QUALITY OF SERVICE REGULATORS RETURN REGULATION RETURNS TO SCALE REVENUE CAPS SANITATION SANITATION SECTOR SURFACE SOURCES TECHNICAL EFFICIENCIES TECHNICAL EFFICIENCY TRANSLOG TRANSPORT REGULATORS UTILITY EFFICIENCY VARIABLE RETURNS WATER AVAILABILITY WATER SERVICES WATER SYSTEMS WATER UTILITIES WATER UTILITY YARDSTICK COMPETITION
spellingShingle	ACCOUNTING ALLOCATIVE EFFICIENCY CAP REGULATION CENTRAL BANK CONSUMERS COST FUNCTIONS COST OF WATER CUBIC METERS DRIVERS ECONOMETRICS ECONOMIC EFFICIENCY ECONOMIC REGULATION EFFICIENCY MEASUREMENT EFFICIENCY SCORES ELECTRIC UTILITIES ELECTRICITY DISTRIBUTION ELECTRICITY DISTRIBUTION SECTOR EMPIRICAL ECONOMICS EMPIRICAL EVIDENCE EXOGENOUS VARIABLES FRONTIER ESTIMATION FRONTIER MODELS FRONTIER PRODUCTION FRONTIER PRODUCTION FUNCTION MODELS HEDONIC COST HEDONIC COST APPROACH INEFFICIENCY LEAST COST MAINTENANCE REQUIREMENTS METER READING MODEL SPECIFICATION NUMBER OF CONNECTIONS OPERATIONAL COSTS OUTPUTS PRIVATE COMPANIES PRIVATE OPERATORS PRIVATE PROVIDERS PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRIVATE WATER COMPANIES PRIVATIZATION PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVITY PROPERTY RIGHTS PUBLIC COMPANIES QUALITY OF SERVICE REGULATORS RETURN REGULATION RETURNS TO SCALE REVENUE CAPS SANITATION SANITATION SECTOR SURFACE SOURCES TECHNICAL EFFICIENCIES TECHNICAL EFFICIENCY TRANSLOG TRANSPORT REGULATORS UTILITY EFFICIENCY VARIABLE RETURNS WATER AVAILABILITY WATER SERVICES WATER SYSTEMS WATER UTILITIES WATER UTILITY YARDSTICK COMPETITION Estache, Antonio Rossi, Martin A. How Different is the Efficiency of Public and Private Water Companies in Asia?
geographic_facet	East Asia and Pacific Asia Oceania
description	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.
format	Journal Article
author	Estache, Antonio Rossi, Martin A.
author_facet	Estache, Antonio Rossi, Martin A.
author_sort	Estache, Antonio
title	How Different is the Efficiency of Public and Private Water Companies in Asia?
title_short	How Different is the Efficiency of Public and Private Water Companies in Asia?
title_full	How Different is the Efficiency of Public and Private Water Companies in Asia?
title_fullStr	How Different is the Efficiency of Public and Private Water Companies in Asia?
title_full_unstemmed	How Different is the Efficiency of Public and Private Water Companies in Asia?
title_sort	how different is the efficiency of public and private water companies in asia?
publisher	Washington, DC: World Bank
publishDate	2014
url	http://documents.worldbank.org/curated/en/2002/01/17737089/different-efficiency-public-private-water-companies-asia http://hdl.handle.net/10986/17192
_version_	1764433098623156224

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

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