Title

Benchmarking in the Latin American water sector: The case of Peru.

SelectedWorks Author Profiles:

Maria Luisa Corton

Document Type

Article

Publication Date

2003

Date Issued

January 2003

Date Available

December 2011

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.

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.

Language

en_US

Publisher

Elsevier Science

Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.