2012
DOI: 10.1016/j.jup.2011.12.005
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A meta-regression analysis of benchmarking studies on water utilities market structure

Abstract: This paper updates the literature on water utility benchmarking studies carried out worldwide, focusing on scale and scope economies. Using meta-regression analysis, the study investigates which variables from published studies influence these economies. Our analysis led to several conclusions. The results indicate that there is a higher probability of finding diseconomies of scale and scope in large utilities; however, only the results for scale economies are significant. Diseconomies of scale and scope are m… Show more

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Cited by 147 publications
(33 citation statements)
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References 49 publications
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“…The ordinary linear squares regression model may be far away from the true motion with the value of the efficiency as the dependent variable. The Tobit model has been widely applied to the study of factors that affect efficiency [34,35].…”
Section: The Tobit Regression Modelmentioning
confidence: 99%
“…The ordinary linear squares regression model may be far away from the true motion with the value of the efficiency as the dependent variable. The Tobit model has been widely applied to the study of factors that affect efficiency [34,35].…”
Section: The Tobit Regression Modelmentioning
confidence: 99%
“…(21) Carvalho et al () also recently published a meta‐regression that was based on production or cost estimates from earlier studies. The issues examined in this analysis are economies of scale and scope for water utilities.…”
Section: Empirical Results To Datementioning
confidence: 99%
“…In the empirical literature, the most applied non‐parametric method has been DEA (e.g. Worthington and Dollery ; Carvalho et al ; Simões and Marques ).…”
Section: Methodsmentioning
confidence: 99%