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Please use this identifier to cite or link to this item: http://hdl.handle.net/10481/29175

Title: Does private management of water supply services really increase prices? An empirical analysis
Authors: Martínez-Espiñeira, Roberto
García-Valiñas, María A.
González-Gómez, Francisco
Issue Date: 22-Nov-2007
Abstract: In this paper we try to explain differences in the average price of domestic water supply services in Spain, paying special attention to the effects of privatisation of the service on price levels. We base our empirical analysis on the application of a `treatment effects' model on a sample of 53 major urban municipalities. This model accounts for the fact that municipalities do not randomly assign themselves between a group using strictly public ownership and management and a group where all or part of the service has been delegated to a private firm. We find that, once this endogeneity is taken into account, there seems to be a positive and significant effect of privatisation on water price levels.
Publisher: Universidad de Granada. Facultad de Ciencias Económicas y Empresariales
Series/Report no.: FEG-WP;5/07
Keywords: Urban water services
Water prices
URI: http://hdl.handle.net/10481/29175
Citation: Martínez-Espiñeira, R.; García-Valiñas, M.A.; González Gómez, F. Does private management of water supply services really increase prices? An empirical analysis. Universidad de Granada, Facultad de Economícas y Empresariales (2007). (FEG-WP; 5/07). [http://hdl.handle.net/10481/29175]
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