USF St. Petersburg campus Faculty Publications
Benchmarking in the Latin American water sector: The case of Peru.
Document Type
Article
Publication Date
2003
Abstract
In their process of decentralization, deregulation and privatization of the infrastructure industry, Latin American countries are facing serious difficulties, particularly in the water sector. In Peru, 50% of water companies were experiencing financial losses eight years after a process of reform started. This study describes the implementation of a benchmarking scheme by the sector's regulatory agency, analyzes alternative measures of efficiency and estimates an efficiency frontier from a regression model of operating costs. Management culture and political interference were detected as important issues having an impact in this industry. Results may offer some guidance for future regulatory action in this emerging market.
Language
en_US
Publisher
Elsevier Science
Recommended Citation
Corton, M.L. (2003). Benchmarking in the Latin American water sector: The case of Peru. Utilities Policy, 11, 133-142. doi:10.1016/S0957-1787(03)00035-3
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.
Comments
Abstract only. Full-text article is available only through licensed access provided by the publisher. Published in Utilities Policy, 11, 133-142. doi:10.1016/S0957-1787(03)00035-3 Members of the USF System may access the full-text of the article through the authenticated link provided.