Corruption and Concession Renegotiations : Evidence from the Water and Transport Sectors in Latin America

Numerous renegotiations have plagued water and transport concession contracts in Latin America. Using a panel dataset of over 300 concession contracts from Latin America between 1989 and 2000, we show that country-level corruption is a significant determinant of these renegotiations and that the eff...

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Bibliographic Details
Main Authors: Guasch, J. Luis, Straub, Stephane
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5804