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How Concentrated are Global Infrastructure Markets?

Author

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  • Benitez Daniel

    (Université des Sciences Sociales, Toulouse I)

  • Estache Antonio

    (World Bank and ECARES, Université Libre de Bruxelles)

Abstract

The purpose of this paper is to provide a quantitative assessment of the degree of concentration in infrastructure industries at the regional and global levels. We calculate regional and global concentration indexes for electricity generation and distribution, water and sanitation, and fixed and mobile telecommunications. Concentration issues are identified in only about 20% of the cases studied, while a presumption of concentration is found in another 30% of the cases. In more general terms, we find no scope for simple encompassing regional or sectoral statements because concentration is region- and sector-specific.

Suggested Citation

  • Benitez Daniel & Estache Antonio, 2005. "How Concentrated are Global Infrastructure Markets?," Review of Network Economics, De Gruyter, vol. 4(3), pages 1-23, September.
    • Handle: RePEc:bpj:rneart:v:4:y:2005:i:3:n:4
    DOI: 10.2202/1446-9022.1075
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    Cited by:

    1. Kenny, Charles & Soreide, Tina, 2008. "Grand Corruption in Utilities," Policy Research Working Paper Series 4805, The World Bank.
    2. R. Pittman, 2009. "Railway Mergers and Railway Alliances: Competition Issues and Lessons for Other Network Industries," Competition and Regulation in Network Industries, Intersentia, vol. 10(3), pages 259-279, September.
    3. Antonio Estache & Atsushi Iimi, 2010. "Bidder Asymmetry in Infrastructure Procurement: Are There any Fringe Bidders?," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 36(2), pages 163-187, March.
    4. Takano, Guillermo, 2021. "The competitive performance of public-private partnership markets. The case of unsolicited proposals in Peru," Utilities Policy, Elsevier, vol. 72(C).
    5. Tan, Jeff, 2012. "The Pitfalls of Water Privatization: Failure and Reform in Malaysia," World Development, Elsevier, vol. 40(12), pages 2552-2563.
    6. Antonio Estache, 2016. "Institutions for Infrastructure in Developing Countries: What We Know and the Lot We still Need to Know," Working Papers ECARES ECARES 2016-27, ULB -- Universite Libre de Bruxelles.
    7. Camos Daurella,Daniel & Estache,Antonio, 2017. "Regulating water and sanitation network services accounting for institutional and informational constraints," Policy Research Working Paper Series 8149, The World Bank.
    8. Antonio Estache & Jose-Luis Guasch & Atsushi Iimi & Lourdes Trujillo, 2009. "Multidimensionality and Renegotiation: Evidence from Transport-Sector Public-Private-Partnership Transactions in Latin America," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 35(1), pages 41-71, September.
    9. Russell Pittman, 2009. "Competition Issues in Restructuring Ports and Railways, Including Brief Consideration of these Sectors in India," EAG Discussions Papers 200906, Department of Justice, Antitrust Division.

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