Assessing the impact of Mali's water privatization across stakeholders
Grifell-Tatjé, Emili (Universitat Autònoma de Barcelona. Departament d'Empresa)
Estache, Antonio (Université Libre de Bruxelles)

Publicació:	Centre for Economic Policy Research, 2011
Resum:	This paper offers a unique quantitative evaluation of the distribution of the welfare of a water privatization experience in Mali among labor, investors, intermediate input providers, users and taxpayers. The assessment is based on indicator duality and production theory. The paper shows that users benefited through lower real water prices -although users in Bamako did better than the rest and future users will be hurt by insufficient investment. The firm's workers, its intermediate suppliers and investors have also clearly benefited during the short privatization duration. However the paper also shows that taxpayers are the main losers as subsidies are still needed. There are also serious efficiency-equity trade-offs, with an uneven gain distribution within factor categories and foreign actors clearly favored over domestic actors. This easily explains the unhappiness of the Malians. The regulatory decision to correct it explains why the private operator lost its incentive to stay in the country.
Ajuts:	Ministerio de Ciencia y Tecnología SEJ2007-67737-C03-01/ECON Agència de Gestió d'Ajuts Universitaris i de Recerca 2009/SGR-1001
Drets:	Tots els drets reservats.
Llengua:	Anglès
Col·lecció:	Discussion papers series (Centre for Economic Policy Research) ; 8717
Document:	Working paper ; recerca ; Versió publicada
Matèria:	Distributional effect ; Efficiency ; Equity ; Privatization and regulation

38 p, 306.1 KB

El registre apareix a les col·leccions:
Documents de recerca > Working papers