How (Un)Even was the Distribution of the Impacts of Mali's Water Privatisation across Stakeholders?

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) mo...

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Bibliographic Details
Published in:	The Journal of development studies 2013-04, Vol.49 (4), p.483-499
Main Authors:	Estache, Antonio, Grifell-Tatjé, Emili
Format:	Article
Language:	eng
Subjects:	Economic growth Foreign Workers Interest Groups Investors Mali Privatization Production theory Rents Rural Poverty Stakeholder Stakeholders Transfer pricing Utilities Water industry Water Supply Welfare Welfare economics Workers
Online Access:	Get full text
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Summary:	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.
ISSN:	0022-0388 1743-9140