Determinants of private investment contracts in the basic sanitation sector: evidence for developing countries
Investment in infrastructure, including universal access to water and sanitation services, is crucial for improving the quality of life and promoting economic development. Access to clean water and proper sanitation is particularly important for public health. This article, based on the work of Yeho...
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Veröffentlicht in: | Revista brasileira de economia de empresas 2023-01, Vol.23 (1), p.63-83 |
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creator | Borges, Dianifer Leal Nobre Fernandez, Rodrigo Djissey Shikida, Cláudio De Andrade Costa, Luciana |
description | Investment in infrastructure, including universal access to water and sanitation services, is crucial for improving the quality of life and promoting economic development. Access to clean water and proper sanitation is particularly important for public health. This article, based on the work of Yehoue et al. (2006)and Sharma (2012), explores the factors that determine the number of private investment contracts in the basic sanitation sector. The study employs an empirical analysis, utilizing a panel of developing countries over the period of 2003-2016, and employs the Zero Inflated Negative Binomial (ZINB) counting estimator to examine the number of contracts in the sanitation sector. Additionally, for robustness analysis, we also analyze the Negative Binomial, Poisson, and Zero Inflated Poisson (ZIP)models. The results of the study indicate that the macroeconomic environment, foreign investment, and political environment are the key factors that influence the number of private investment contracts in the sector. |
doi_str_mv | 10.31501/rbee.v23i1.13955 |
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Access to clean water and proper sanitation is particularly important for public health. This article, based on the work of Yehoue et al. (2006)and Sharma (2012), explores the factors that determine the number of private investment contracts in the basic sanitation sector. The study employs an empirical analysis, utilizing a panel of developing countries over the period of 2003-2016, and employs the Zero Inflated Negative Binomial (ZINB) counting estimator to examine the number of contracts in the sanitation sector. Additionally, for robustness analysis, we also analyze the Negative Binomial, Poisson, and Zero Inflated Poisson (ZIP)models. 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subjects | Developing countries Economic development Foreign investment Health care expenditures Infrastructure LDCs Macroeconomics Ownership changes Public health Public private partnerships Quality of life Sanitation services |
title | Determinants of private investment contracts in the basic sanitation sector: evidence for developing countries |
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