Infrastructure Performance and Reform in Developing and Transition Economies : Evidence from a Survey of Productivity Measures
The authors review about 80 studies on electricity and gas, water and sanitation, and rail and ports (with a footnote on telecommunications) in developing countries. The main policy lesson is that there is a difference in the relevance of ownership for efficiency between utilities and transport in d...
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2012
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Online Access: | http://documents.worldbank.org/curated/en/2005/02/5642263/infrastructure-performance-reform-developing-transition-economies-evidence-survey-productivity-measures http://hdl.handle.net/10986/8844 |
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okr-10986-88442021-04-23T14:02:42Z Infrastructure Performance and Reform in Developing and Transition Economies : Evidence from a Survey of Productivity Measures Estache, Antonio Perelman, Sergio Trujillo, Lourdes ACCOUNTING AUTONOMOUS REGIONS AUTONOMY BENCHMARK BENCHMARKING BENCHMARKS CAPITAL EXPENDITURES CAPITAL MARKETS COAL CONCEPTUAL FRAMEWORK CONSUMERS COST SAVINGS DEBT DEMOGRAPHICS DEVELOPED COUNTRIES DONOR AGENCIES ECONOMETRIC EVIDENCE ECONOMETRIC MODELS ECONOMIC ANALYSIS ECONOMIC EFFICIENCY ECONOMICS ELECTRICITY GENERATION EMPLOYMENT ENERGY CONSUMPTION ENERGY EFFICIENCY EXCESS SUPPLY EXPENDITURES FUNCTIONAL FORMS GNP GNP PER CAPITA GROWTH RATE INEFFICIENCY INFLATION LABOR PRODUCTIVITY LATIN AMERICAN MANAGEMENT CONTRACTS MERGERS MONOPOLIES MUNICIPALITIES OIL OPERATING EFFICIENCY PERFORMANCE CONTRACTS PERFORMANCE INCENTIVES PERFORMANCE INDICATORS PERVERSE INCENTIVES POPULATION GROWTH POWER PLANTS PRIVATIZATION PRODUCTION PROCESS PRODUCTIVITY PRODUCTIVITY INCREASES PUBLIC ENTERPRISES PUBLIC SERVICES REFORMS REGRESSION ANALYSIS REGULATORY FRAMEWORK REGULATORY POLICY REGULATORY REGIMES RETURNS TO SCALE SERVICE COVERAGE SERVICE DELIVERY SEWAGE SUPERVISION TECHNOLOGICAL CHANGE TECHNOLOGICAL PROGRESS TELECOMMUNICATIONS TOTAL FACTOR PRODUCTIVITY TRANSITION ECONOMIES TRANSPORT VALUE ADDED The authors review about 80 studies on electricity and gas, water and sanitation, and rail and ports (with a footnote on telecommunications) in developing countries. The main policy lesson is that there is a difference in the relevance of ownership for efficiency between utilities and transport in developing countries. In transport, private operators have tended to perform better than public operators. For utilities, ownership often does not matter as much as sometimes argued. Most cross-country studies find no statistically significant difference in efficiency scores between public and private providers. As for the country-specific studies, some do find differences in performance over time but these differences tend to matter much less than a large number of other variables. Across sectors, private operators functioning in a competitive environment or regulated under price caps or hybrid regulatory regimes tend to catch up best practice faster than public operators. There is a very strong case to push regulators in developing and transition economies toward a more systematic reliance on yardstick competition in a sector in which residual monopoly powers tend to be common. 2012-06-22T19:53:41Z 2012-06-22T19:53:41Z 2005-02 http://documents.worldbank.org/curated/en/2005/02/5642263/infrastructure-performance-reform-developing-transition-economies-evidence-survey-productivity-measures http://hdl.handle.net/10986/8844 English Policy Research Working Paper; No. 3514 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research |
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institution |
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World Bank Open Knowledge Repository |
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World Bank |
language |
English |
topic |
ACCOUNTING AUTONOMOUS REGIONS AUTONOMY BENCHMARK BENCHMARKING BENCHMARKS CAPITAL EXPENDITURES CAPITAL MARKETS COAL CONCEPTUAL FRAMEWORK CONSUMERS COST SAVINGS DEBT DEMOGRAPHICS DEVELOPED COUNTRIES DONOR AGENCIES ECONOMETRIC EVIDENCE ECONOMETRIC MODELS ECONOMIC ANALYSIS ECONOMIC EFFICIENCY ECONOMICS ELECTRICITY GENERATION EMPLOYMENT ENERGY CONSUMPTION ENERGY EFFICIENCY EXCESS SUPPLY EXPENDITURES FUNCTIONAL FORMS GNP GNP PER CAPITA GROWTH RATE INEFFICIENCY INFLATION LABOR PRODUCTIVITY LATIN AMERICAN MANAGEMENT CONTRACTS MERGERS MONOPOLIES MUNICIPALITIES OIL OPERATING EFFICIENCY PERFORMANCE CONTRACTS PERFORMANCE INCENTIVES PERFORMANCE INDICATORS PERVERSE INCENTIVES POPULATION GROWTH POWER PLANTS PRIVATIZATION PRODUCTION PROCESS PRODUCTIVITY PRODUCTIVITY INCREASES PUBLIC ENTERPRISES PUBLIC SERVICES REFORMS REGRESSION ANALYSIS REGULATORY FRAMEWORK REGULATORY POLICY REGULATORY REGIMES RETURNS TO SCALE SERVICE COVERAGE SERVICE DELIVERY SEWAGE SUPERVISION TECHNOLOGICAL CHANGE TECHNOLOGICAL PROGRESS TELECOMMUNICATIONS TOTAL FACTOR PRODUCTIVITY TRANSITION ECONOMIES TRANSPORT VALUE ADDED |
spellingShingle |
ACCOUNTING AUTONOMOUS REGIONS AUTONOMY BENCHMARK BENCHMARKING BENCHMARKS CAPITAL EXPENDITURES CAPITAL MARKETS COAL CONCEPTUAL FRAMEWORK CONSUMERS COST SAVINGS DEBT DEMOGRAPHICS DEVELOPED COUNTRIES DONOR AGENCIES ECONOMETRIC EVIDENCE ECONOMETRIC MODELS ECONOMIC ANALYSIS ECONOMIC EFFICIENCY ECONOMICS ELECTRICITY GENERATION EMPLOYMENT ENERGY CONSUMPTION ENERGY EFFICIENCY EXCESS SUPPLY EXPENDITURES FUNCTIONAL FORMS GNP GNP PER CAPITA GROWTH RATE INEFFICIENCY INFLATION LABOR PRODUCTIVITY LATIN AMERICAN MANAGEMENT CONTRACTS MERGERS MONOPOLIES MUNICIPALITIES OIL OPERATING EFFICIENCY PERFORMANCE CONTRACTS PERFORMANCE INCENTIVES PERFORMANCE INDICATORS PERVERSE INCENTIVES POPULATION GROWTH POWER PLANTS PRIVATIZATION PRODUCTION PROCESS PRODUCTIVITY PRODUCTIVITY INCREASES PUBLIC ENTERPRISES PUBLIC SERVICES REFORMS REGRESSION ANALYSIS REGULATORY FRAMEWORK REGULATORY POLICY REGULATORY REGIMES RETURNS TO SCALE SERVICE COVERAGE SERVICE DELIVERY SEWAGE SUPERVISION TECHNOLOGICAL CHANGE TECHNOLOGICAL PROGRESS TELECOMMUNICATIONS TOTAL FACTOR PRODUCTIVITY TRANSITION ECONOMIES TRANSPORT VALUE ADDED Estache, Antonio Perelman, Sergio Trujillo, Lourdes Infrastructure Performance and Reform in Developing and Transition Economies : Evidence from a Survey of Productivity Measures |
relation |
Policy Research Working Paper; No. 3514 |
description |
The authors review about 80 studies on electricity and gas, water and sanitation, and rail and ports (with a footnote on telecommunications) in developing countries. The main policy lesson is that there is a difference in the relevance of ownership for efficiency between utilities and transport in developing countries. In transport, private operators have tended to perform better than public operators. For utilities, ownership often does not matter as much as sometimes argued. Most cross-country studies find no statistically significant difference in efficiency scores between public and private providers. As for the country-specific studies, some do find differences in performance over time but these differences tend to matter much less than a large number of other variables. Across sectors, private operators functioning in a competitive environment or regulated under price caps or hybrid regulatory regimes tend to catch up best practice faster than public operators. There is a very strong case to push regulators in developing and transition economies toward a more systematic reliance on yardstick competition in a sector in which residual monopoly powers tend to be common. |
format |
Publications & Research :: Policy Research Working Paper |
author |
Estache, Antonio Perelman, Sergio Trujillo, Lourdes |
author_facet |
Estache, Antonio Perelman, Sergio Trujillo, Lourdes |
author_sort |
Estache, Antonio |
title |
Infrastructure Performance and Reform in Developing and Transition Economies : Evidence from a Survey of Productivity Measures |
title_short |
Infrastructure Performance and Reform in Developing and Transition Economies : Evidence from a Survey of Productivity Measures |
title_full |
Infrastructure Performance and Reform in Developing and Transition Economies : Evidence from a Survey of Productivity Measures |
title_fullStr |
Infrastructure Performance and Reform in Developing and Transition Economies : Evidence from a Survey of Productivity Measures |
title_full_unstemmed |
Infrastructure Performance and Reform in Developing and Transition Economies : Evidence from a Survey of Productivity Measures |
title_sort |
infrastructure performance and reform in developing and transition economies : evidence from a survey of productivity measures |
publisher |
World Bank, Washington, DC |
publishDate |
2012 |
url |
http://documents.worldbank.org/curated/en/2005/02/5642263/infrastructure-performance-reform-developing-transition-economies-evidence-survey-productivity-measures http://hdl.handle.net/10986/8844 |
_version_ |
1764406998673129472 |