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| Author: | Renzetti, S. Dupont, D. |
| Title: | Ownership and performance of water utilities |
| Journal: | Greener Management International
2003 : SUMMER, 42, p. 9-19 |
| Index terms: | Performance appraisal Privatization Productivity Water resources |
| Freeterms: | Ownership |
| Language: | eng |
| Abstract: | This paper critically assesses what is known regarding the relationship between the ownership and performance of municipal water utilities. Theoretical arguments that draw on property rights, public choice and principal agent models emphasise the difficulty that governments have in monitoring and providing proper incentives for utility managers. These models predict that privately owned water utilities will outperform public ones. However, these models are not without their limitations and critics. Accordingly, empirical evidence is brought from the USA, the United Kingdom and France. |
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