6533b86efe1ef96bd12cc9a9

RESEARCH PRODUCT

The role of environmental factors in water utilities' technical efficiency. Empirical evidence from Spanish companies.

Francisco J. Sáez-fernándezAndrés J. Picazo-tadeoFrancisco González-gómez

subject

FinanceEconomics and EconometricsPublic ownershipbusiness.industryEconomicsSample (statistics)Water industrybusinessEmpirical evidenceTourism

description

This article computes input-specific scores of technical efficiency for a sample of water utilities located in the southern Spanish region of Andalusia. In addition, differences in efficiency between different operating environments are investigated. Concerning the debate about ownership and efficiency, we find that privately owned companies outperform public utilities in their management of labour. Furthermore, technical efficiency is found to be greater among firms located in highly populated areas and for utilities providing water services to tourist municipalities. Finally, no empirical evidence supporting the greater technical efficiency of consortia of water utilities, a managerial strategy strongly encouraged by regional politicians, is found.

10.1080/00036840601007310http://www.ssoar.info/ssoar/handle/document/24100