Journal Article

Corruption and Concession Renegotiations : Evidence from the Water and Transport Sectors in Latin America

Show simple item record

collection.link.125
https://openknowledge.worldbank.org/handle/10986/4401
collection.name.125
C. Journal articles published externally
dc.contributor.author
Guasch, J. Luis
dc.contributor.author
Straub, Stephane
dc.date.accessioned
2012-03-30T07:34:37Z
dc.date.available
2012-03-30T07:34:37Z
dc.date.issued
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.identifier.uri
http://hdl.handle.net/10986/5804
dc.language.iso
EN
dc.relation.uri
http://creativecommons.org/licenses/by-nc-nd/3.0/igo
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
okr.doctype
Journal Article
okr.externalcontent
External Content
okr.googlescholar.linkpresent
yes
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.relation.associatedurl
http://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1065220&site=ehost-live
okr.relation.associatedurl
www.elsevier.com/locate/jup
okr.volume
17

Show simple item record



Files in this item

FilesSizeFormatView

There are no files associated with this item.

This item appears in the following Collection(s)