Borraz, Fernando; González, Nicolás; Olarreaga, Marcelo - C.E.P.R. Discussion Papers - 2011
nationalization rather than privatization is that it avoids selection bias due to cherry-picking by firms or governments at the time … of privatization. Indeed, nationalization in Uruguay affected all private firms, as water was declared "part of the …, water quality, and health outcomes of Uruguay's nationalization of water services. An important advantage of focusing on …