Open Conference Systems, 16th SGBED & XII ESPM International Conference in Management

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Determinants of private sector participation in water and sewage in Brazil: the role of concentration and regulation
Oswaldo Pelaes Filho, Frederico Araújo Turolla, Cléber da Costa Figueiredo, Ana Lygia Monteferrario Leite

Last modified: 2019-03-27

Abstract


This article aims to analyze the issue of market concentration and regulation in private investment in operations of the basic sanitation sector in the Brazilian states. Econometrics with a logistic regression model with logit connection applied to panel data were used as methodology. For the data collection, the National Information System on Sanitation (SNIS) was used, as well as data provided by Pezco Economics. The results indicate that the existence of a functioning regulatory agency is relevant to private sector investment, while the concentration of the destination state market is negatively related to private capital investment.


Keywords


Brazil; infrastructure; water and sewage; private sector participation; concentration; regulation.

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