Utilities reforms and corruption in developing countries

Authors / Editors

Research Areas

Publication Details

Output type: Journal article

Author list: Estache A, Goicoechea A, Trujillo L

Publisher: Elsevier

Publication year: 2009

Journal: Utilities Policy (0957-1787)

Volume number: 17

Issue number: 2

Start page: 191

End page: 202

Number of pages: 12

ISSN: 0957-1787

eISSN: 1878-4356

Languages: English-Great Britain (EN-GB)

Unpaywall Data

Open access status: green

Full text URL: http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2006/12/06/000016406_20061206151405/Rendered/PDF/wps4081.pdf

Abstract

This paper shows empirically that "privatization" in the energy, telecommunications, and water sectors, and the introduction of independent regulators in those sectors, have not always had the expected effects on access, affordability, or quality of services. It also shows that corruption leads to adjustments in the quantity, quality, and price of services consistent with the profit-maximizing behavior that one would expect from monopolies in the sector. Finally, our results suggest that privatization and the introduction of independent regulators have, at best, only partial effects on the consequences of corruption for access, affordability, and quality of utilities services. (C) 2008 Elsevier Ltd. All rights reserved.

Keywords

Corruption, Privatization, Regulation, Utilities

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