Institutional Economics of Water: A Cross-Country Analysis of Institutions and Performance

Institutional Economics of Water: A Cross-Country Analysis of Institutions and Performance

by Ariel Dinar, R. Maria Saleth
     
 

ISBN-10: 1843767775

ISBN-13: 9781843767770

Pub. Date: 01/01/2004

Publisher: Elgar, Edward Publishing, Inc.

The Institutional Economics of Water evaluates water institutional reform and water sector performance from an institutional economics and political economy perspective. Against an exhaustive review of the theoretical and empirical literature on institution and performance both in general and in water sector contexts, the title develops an alternative methodology

Overview

The Institutional Economics of Water evaluates water institutional reform and water sector performance from an institutional economics and political economy perspective. Against an exhaustive review of the theoretical and empirical literature on institution and performance both in general and in water sector contexts, the title develops an alternative methodology built on: 'institutional ecology' principle, 'institutional decomposition and analysis' framework, and 'subjective theory' of institutional change.
Empirical application of this methodology with information collected from 127 water experts from 43 countries/regions and a cross-country review of recent water sector reforms within an institutional transaction cost framework enables the book to conclude with significant implications for both theory and policy in the realm of water sector reform in particular and institutional reforms in general.

'We are both impressed by the book. It will merit prominent publication as a far-reaching application of innovative methodologies to an important, and well explained, worldwide policy problem.'

- Randall Calvert, Washington University, St. Louis, US and Thrainn Eggertsson, University of Iceland

'[The] literature review . . . is one of the best and most comprehensive that I have seen.'

- Daniel W. Bromley, University of Wisconsin, US

Product Details

ISBN-13:
9781843767770
Publisher:
Elgar, Edward Publishing, Inc.
Publication date:
01/01/2004
Pages:
416
Product dimensions:
6.13(w) x 9.25(h) x (d)

Table of Contents

List of figuresx
List of tablesxi
List of acronyms and abbreviationsxiii
Acknowledgmentsxv
1Water challenge: an institutional diagnosis1
Physical dimension1
Economic dimension5
Policy dimension8
Institutional dimension11
Why this study?14
Approach, scope, and objectives16
Structure of the book19
Notes21
2Understanding institutions: nature, performance, and change23
Institutions: nature and definition23
Features of institutions26
Implications of institutional features29
Institutions and performance33
Theories of institutional change36
Motivation for and sources of institutional change41
Notes44
3Existing literature: approaches, attempts, and limitations46
Institutional approaches: a stylized comparison46
Institutional transaction cost approach50
The literature: a review of issues and approaches54
Dark and gray spots in current literature64
Notes67
4Evaluating institutional linkages: toward an alternative methodology70
Context, level, and focus of analysis71
Ecosystem perspective and ex-ante approach73
Subjective theory of institutional change75
Complementary methodologies83
Institutional decomposition: rationale and basis85
Notes91
5Analytical framework and empirical models94
Conceptual basis94
Analytical decomposition96
Water institution and sector performance: linkages and influence101
Identification and definition of variables106
Empirical models of institution-performance interaction113
Notes121
6Empirical context: description and justification124
Stakeholders' perception as an empirical basis124
Subjective information: rationale and caveats128
Sample selection and description130
Perceptional information: empirical validity and interpretation140
Database145
Notes152
7Institutional changes in the water sector: a cross-country review154
Water institutional change: an analytical framework154
Water institutional changes: a cross-country review156
Selected best practices174
Common trends and patterns178
Factors motivating institutional change182
Implications for institutional transaction cost theory184
Notes185
8Institution-performance linkages: evidence and evaluation187
Empirical evaluation: approach and framework187
Evidence for institution-performance linkages190
Evaluation of institution-performance linkages199
Empirical results: validity and ramifications210
Notes213
9Institution-performance linkages: robustness and contextuality216
Evaluating robustness and sensitivity: context and approach216
Robustness of results221
Sensitivity of results: role of disciplinary bias232
Contextuality of results: role of reform environment242
Role of exogenous factors in performance evaluation251
All-sample results: consistency and reliability260
Notes262
10Institutional sequencing and packaging264
Approach and framework265
Relative share of transmission channels: overall perspective271
Relative share of transmission channels: role of recent reforms278
Relative importance of exogenous variables285
Implications for institutional design290
Notes300
11Conclusions with implications for theory and policy302
Analytical and methodological contributions303
Implications for theory and policy309
Implications for reform design and implementation317
Implications for reform prospects323
Limitations and caveats327
Appendix AQuestionnaire329
Appendix BList of experts who provided inputs and data349
Appendix CMathematical analog for impact-transmission channels359
Bibliography366
Index385

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