IDEAS home Printed from https://ideas.repec.org/a/taf/apeclt/v30y2023i1p56-60.html
   My bibliography  Save this article

Long-term debt in water utilities: does ownership matter? Evidence from West Virginia’s utilities

Author

Listed:
  • Elham Erfanian
  • Jing Chen
  • Collin Hodges

Abstract

Local governments provide a wide range of services and infrastructure to their residents including water, sewer, and storm water systems. In many jurisdictions, utilities are the most capital-intensive government function in addition to being the most visible one. In this paper, we examine the impact of utility ownership type on the long-term debt of water utilities in the state of West Virginia. Water utility ownership types include municipalities, public service districts, water associations and private utilities. Using a double hurdle model to examine 288 water utilities in the state, we find that public service districts and municipalities are more likely to carry long-term debt than privately owned utilities.

Suggested Citation

  • Elham Erfanian & Jing Chen & Collin Hodges, 2023. "Long-term debt in water utilities: does ownership matter? Evidence from West Virginia’s utilities," Applied Economics Letters, Taylor & Francis Journals, vol. 30(1), pages 56-60, January.
    • Handle: RePEc:taf:apeclt:v:30:y:2023:i:1:p:56-60
    DOI: 10.1080/13504851.2021.1971618
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13504851.2021.1971618
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13504851.2021.1971618?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:apeclt:v:30:y:2023:i:1:p:56-60. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEL20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.