Corruption and Concession Renegotiations : Evidence from the Water and Transport Sectors in Latin America Guasch, J. Luis Straub, Stephane 2012-03-30T07:34:37Z 2012-03-30T07:34:37Z 2009
dc.description.abstract Numerous renegotiations have plagued water and transport concession contracts in Latin America. Using a panel dataset of over 300 concession contracts from Latin America between 1989 and 2000, we show that country-level corruption is a significant determinant of these renegotiations and that the effect of corruption varies depending on the type of renegotiations considered. While a more corrupt environment clearly leads to more firm-led renegotiations, it significantly reduces the incidence of government-led ones. The paper then discusses and tests the likely channels through which these different effects of corruption arise, looking in particular at the interactions between country-level corruption and relevant microeconomic institutions. en
dc.identifier.citation Utilities Policy
dc.identifier.issn 09571787
dc.language.iso EN
dc.rights.holder World Bank
dc.subject Bureaucracy
dc.subject Administrative Processes in Public Organizations
dc.subject Corruption D730
dc.subject Illegal Behavior and the Enforcement of Law K420
dc.subject Railroads and Other Surface Transportation L920
dc.subject Gas Utilities
dc.subject Pipelines
dc.subject Water Utilities L950
dc.subject Formal and Informal Sectors
dc.subject Shadow Economy
dc.subject Institutional Arrangements O170
dc.subject Economic Development: Regional, Urban, and Rural Analyses
dc.subject Transportation O180
dc.title Corruption and Concession Renegotiations : Evidence from the Water and Transport Sectors in Latin America en
dc.title.alternative Utilities Policy en
dc.type Journal Article en
dc.type Article de journal fr
dc.type Artículo de revista es
dspace.entity.type Publication
okr.doctype Journal Article
okr.externalcontent External Content
okr.identifier.externaldocumentum 830
okr.journal.nbpages 185-190
okr.language.supported en
okr.peerreview Academic Peer Review
okr.region.administrative Latin America & Caribbean
okr.volume 17
relation.isAuthorOfPublication 4cc9b022-436f-51a0-b40d-6c4438bbced2