TY - JOUR
T1 - How (Un)Even was the Distribution of the Impacts of Mali's Water Privatisation across Stakeholders?
AU - Estache, Antonio
AU - Grifell-Tatjé, E.
PY - 2013/4/1
Y1 - 2013/4/1
N2 - This article evaluates quantitatively the welfare effects and their distribution among key stakeholders of Mali's brief water privatisation experience. To do so, we estimate economic worth generation and its drivers from a new use of indicator duality and production theory. We find that: (i) most users, intermediate suppliers, investors and workers benefited; (ii) poor rural users gained much less and taxpayers lost, moreover, (iii) foreign workers and investors benefited much more than locals, (iv) the firm's owners captured a large share of the rent they helped create, probably through transfer pricing as they controlled cost data for key intermediate inputs. © 2013 Copyright Taylor and Francis Group, LLC.
AB - This article evaluates quantitatively the welfare effects and their distribution among key stakeholders of Mali's brief water privatisation experience. To do so, we estimate economic worth generation and its drivers from a new use of indicator duality and production theory. We find that: (i) most users, intermediate suppliers, investors and workers benefited; (ii) poor rural users gained much less and taxpayers lost, moreover, (iii) foreign workers and investors benefited much more than locals, (iv) the firm's owners captured a large share of the rent they helped create, probably through transfer pricing as they controlled cost data for key intermediate inputs. © 2013 Copyright Taylor and Francis Group, LLC.
U2 - 10.1080/00220388.2012.729046
DO - 10.1080/00220388.2012.729046
M3 - Article
SN - 0022-0388
VL - 49
SP - 483
EP - 499
JO - Journal of Development Studies
JF - Journal of Development Studies
IS - 4
ER -