6533b7ddfe1ef96bd1275266
RESEARCH PRODUCT
Does market concentration affect prices in the urban water industry?
Francisco González-gómezAndrés J. Picazo-tadeoGermà Belsubject
Public AdministrationNatural resource economicsmedia_common.quotation_subjectGeography Planning and DevelopmentControl de preusSample (statistics)Water industryManagement Monitoring Policy and LawEnvironmental Science (miscellaneous)Affect (psychology)Urban policyCompetition (economics)Concentració industrialEconomicsIndustrymedia_commonPrice controlbusiness.industryIndustrial concentrationPolítica urbanaWaterWater pricingMarket concentrationIndústriaPrivatizationAiguaCommerceService (economics)Urban waterbusinessPrivatitzaciódescription
This paper analyzes the relationship between market concentration in the private segment of the water industry and water prices with a sample of municipalities located in the Southern Spanish region of Andalusia. In doing so, several Heckman sample selection models are estimated with the main finding being that market concentration increases the price of water for residential use charged by private companies. The main policy recommendation is that urban water service privatization must be accompanied by the appropriate regulatory and institutional frameworks to promote competition among businesses and monitor water pricing.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2015-12-01 |