The handshake: why do governments and firms sign private sector participation deals ? evidence from the water and sanitation sector in developing countries
"This paper uses a new dataset, "WATSAN," of private sector participation (PSP) projects for water and sanitation in developing countries to examine the determinants of the number of projects signed for each country between 1990 and 2004. The new dataset improves on existing sources,...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C]
World Bank
2006
|
| Schriftenreihe: | Policy research working paper
3937 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | "This paper uses a new dataset, "WATSAN," of private sector participation (PSP) projects for water and sanitation in developing countries to examine the determinants of the number of projects signed for each country between 1990 and 2004. The new dataset improves on existing sources, in particular in its coverage of projects with local investors, and provides adequate data for cross-country regression analysis. The authors use a negative binomial regression model to investigate the factors influencing the number of PSP projects in a sample of 60 developing countries with 460 PSP projects. The regression results provide support for the hypotheses that PSP is greater in larger markets where the ability to pay is higher and where governments are fiscally constrained. The authors test several indicators of institutional quality and find that these are generally significant in determining the number of projects signed for each country. Measures of the protection of property rights and the quality of the bureaucracy emerge as the most important institutions that encourage PSP. Rule of law and the control of corruption are significant, albeit at a lower level, while the quality of contract law and political stability are not robustly significant. "--World Bank web site |
| Beschreibung: | Includes bibliographical references. - Title from PDF file as viewed on 8/30/2006 Erscheinungsjahr in Vorlageform:[2006] Weitere Ausgabe: Jensen, Olivia : The handshake |
| Beschreibung: | 1 Online-Ressource (25 Seiten) |
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| 245 | 1 | 0 | |a The handshake |b why do governments and firms sign private sector participation deals ? evidence from the water and sanitation sector in developing countries |c Olivia Jensen, Frederic Blanc-Brude, Research working paper Collection Title:Policy |
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| 520 | 1 | |a "This paper uses a new dataset, "WATSAN," of private sector participation (PSP) projects for water and sanitation in developing countries to examine the determinants of the number of projects signed for each country between 1990 and 2004. The new dataset improves on existing sources, in particular in its coverage of projects with local investors, and provides adequate data for cross-country regression analysis. The authors use a negative binomial regression model to investigate the factors influencing the number of PSP projects in a sample of 60 developing countries with 460 PSP projects. The regression results provide support for the hypotheses that PSP is greater in larger markets where the ability to pay is higher and where governments are fiscally constrained. The authors test several indicators of institutional quality and find that these are generally significant in determining the number of projects signed for each country. Measures of the protection of property rights and the quality of the bureaucracy emerge as the most important institutions that encourage PSP. Rule of law and the control of corruption are significant, albeit at a lower level, while the quality of contract law and political stability are not robustly significant. "--World Bank web site | |
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| spelling | Jensen, Olivia Verfasser aut The handshake why do governments and firms sign private sector participation deals ? evidence from the water and sanitation sector in developing countries Olivia Jensen, Frederic Blanc-Brude, Research working paper Collection Title:Policy [Washington, D.C] World Bank 2006 1 Online-Ressource (25 Seiten) txt rdacontent c rdamedia cr rdacarrier Policy research working paper 3937 Includes bibliographical references. - Title from PDF file as viewed on 8/30/2006 Erscheinungsjahr in Vorlageform:[2006] Weitere Ausgabe: Jensen, Olivia : The handshake "This paper uses a new dataset, "WATSAN," of private sector participation (PSP) projects for water and sanitation in developing countries to examine the determinants of the number of projects signed for each country between 1990 and 2004. The new dataset improves on existing sources, in particular in its coverage of projects with local investors, and provides adequate data for cross-country regression analysis. The authors use a negative binomial regression model to investigate the factors influencing the number of PSP projects in a sample of 60 developing countries with 460 PSP projects. The regression results provide support for the hypotheses that PSP is greater in larger markets where the ability to pay is higher and where governments are fiscally constrained. The authors test several indicators of institutional quality and find that these are generally significant in determining the number of projects signed for each country. Measures of the protection of property rights and the quality of the bureaucracy emerge as the most important institutions that encourage PSP. Rule of law and the control of corruption are significant, albeit at a lower level, while the quality of contract law and political stability are not robustly significant. "--World Bank web site 2006 Entwicklungsländer Privatization Developing countries Sanitation Developing countries Water-supply Developing countries Blanc-Brude, Frederic Verfasser aut World Bank Sonstige oth Reproduktion von Jensen, Olivia The handshake 2006 http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3937 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Jensen, Olivia Blanc-Brude, Frederic The handshake why do governments and firms sign private sector participation deals ? evidence from the water and sanitation sector in developing countries Entwicklungsländer |
| title | The handshake why do governments and firms sign private sector participation deals ? evidence from the water and sanitation sector in developing countries |
| title_auth | The handshake why do governments and firms sign private sector participation deals ? evidence from the water and sanitation sector in developing countries |
| title_exact_search | The handshake why do governments and firms sign private sector participation deals ? evidence from the water and sanitation sector in developing countries |
| title_full | The handshake why do governments and firms sign private sector participation deals ? evidence from the water and sanitation sector in developing countries Olivia Jensen, Frederic Blanc-Brude, Research working paper Collection Title:Policy |
| title_fullStr | The handshake why do governments and firms sign private sector participation deals ? evidence from the water and sanitation sector in developing countries Olivia Jensen, Frederic Blanc-Brude, Research working paper Collection Title:Policy |
| title_full_unstemmed | The handshake why do governments and firms sign private sector participation deals ? evidence from the water and sanitation sector in developing countries Olivia Jensen, Frederic Blanc-Brude, Research working paper Collection Title:Policy |
| title_short | The handshake |
| title_sort | the handshake why do governments and firms sign private sector participation deals evidence from the water and sanitation sector in developing countries |
| title_sub | why do governments and firms sign private sector participation deals ? evidence from the water and sanitation sector in developing countries |
| topic | Entwicklungsländer |
| topic_facet | Entwicklungsländer |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3937 |
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