Abstract
A discrete choice model is employed to determine the characteristics shared by small water systems that are acquired in six midwest states. We find that these acquired firms are smaller, have more frequent drinking water violations, are often privately-owned, and are more likely to purchase their water from another system than water systems that are not acquired. These results suggest that consolidation may be able to increase the rate of regulatory compliance of the drinking water industry.
COinS
Comments
Abstracts of the presentations given on Tuesday, 24 July 2007, in Session 3 of the UCOWR Conference.