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It Really Doesn't Budge: The Water Sector At the Standstill

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  • Piero Rubino

Abstract

The outcome of the 2011 Italian referendum on the scope of franchise bidding in local public services will exert a substantial bearing on the albeit slow opening of water sector in the years to come. The paper presents and discusses several findings which shed light on the long-lasting weakness of the sector. By looking at some of the undertakers basic economic features, investments in infrastructure, quality of supply and price-cost dynamics, it advocates the need for a clear-cut overhauling of the sector which is to be set within an independent regulatory framework.

Suggested Citation

  • Piero Rubino, 2011. "It Really Doesn't Budge: The Water Sector At the Standstill," Economia dei Servizi, Società editrice il Mulino, issue 2, pages 197-208.
  • Handle: RePEc:mul:j1t56u:doi:10.2382/35523:y:2011:i:2:p:197-208
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    Keywords

    water sector; regulation; public infrastructure; K23; L95.;

    JEL classification:

    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law

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