Public Infrastructure Performance in Developing Countries

Abdul Ghafoor (Autor)

Buch | Hardcover

256 Seiten

2000
Ashgate Publishing Limited (Verlag)
978-1-84014-925-8 (ISBN)

Infos

An investigation of the performance of the electric power and telecommunication sectors of Pakistan at the firm level as well as the sector as a whole, seeking to identify and quantify the extent of inefficiencies. Since physical or financial or productivity indicators alone are not able to explain the duality of public infrastructure purposes, the financial and productivity indicators have been used in evaluating the performance of these sectors. Further, a Cobb-Douglas production function has also been used to calculate the trend in the growth of total factor productivity. Economies of scale have also been studied in the case of electric power generation. The results of the study show that in Pakistan one of the usual motives for privatization (to avoid the poor financial results of state enterprises) is not relevant for electricity and telecommunications enterprises. This, however, appears to be due to the financial subsidies they received, through access to low cost loan finance and grants, rather than to their efficiency in operations. By the economic criteria of growth of TFP none of the enterprises do well and two have a negative TFP growth.
The case for reforming these enterprises is strong and alternative modes of organization, finance and ownership need to be considered.

Inhalt

Part 1 Introduction: background; the origin of public sector in Pakistan; definition of state-owned enterprises; objectives and scope of the study; structure of the book. Part 2 The role of infrastructure in the development process: introduction; impact of infrastructure on development; infrastructure and other production factors; infrastructure and private investment; infrastructure and poverty; infrastructure and environment; summary and conclusions. Part 3 Role of public sector in infrastructure provision: introduction; rationale for public provision of infrastructure services; problems in infrastructure; summary and conclusions. Part 4 Pakistan's recent development: introduction; Pakistan's economy - an overview; development policies - historical background; infrastructure development; summary and conclusions. Part 5 Literature review on evaluating the performance of public infrastructure: introduction; rationale of performance; criteria for performance evaluation; physical indicators; financial indicators; productivity measures; economies of scale; service quality indicators; summary and conclusions. Part 6 Physical performance of state owned electric power and telecommunications industry in Pakistan: introduction; data source and limitations; growth in total physical output; system losses; total output per employee; total output per unit of capital; capacity utilization; summary and conclusions. Part 7 Financial performance of state-owned electric power and telecommunications industries in Pakistan: introduction; net profit margin on sale; return on capital; unit cost of production; profit investment ratio; summary and conclusions. Part 8 Productivity analysis of state-owned electric power and telecommunications industries in Pakistan: introduction; labour productivity; capital productivity; total factor productivity growth; production function approach; economies of scale; summary and conclusions. Part 9 Policy implication of public enterprise performance: introduction; analysis of performance; source of inefficiencies; impact of inefficiencies; theoretical and empirical underpinning; alternative policy options; summary and conclusions. Part 10 Summary and conclusions: an overview; salient features of empirical results; alternative policy options.

Produkt-Details

• Erscheint lt. Verlag: 28.2.2000
• Zusatzinfo: 10 figures, tables, bibliography
• Sprache: englisch
• Maße: 223 x 159 mm
• Themenwelt: Sozialwissenschaften ► Kommunikation / Medien ► Journalistik
• Themenwelt: Technik ► Elektrotechnik / Energietechnik
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre
• ISBN-10: 1-84014-925-6 / 1840149256
• ISBN-13: 978-1-84014-925-8 / 9781840149258
• Zustand: Neuware