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100			_aKresch, Evan Plous. _921523
245			_aThe back stops where? Federalist, uncertainty, and investment in the Brazilian water and sanitation sector
260			_aAmerican Economic Journal Economic Policy
300			_a12(3), Aug, 2020: p.374-401
520			_aThis paper documents how regulatory uncertainty may undermine public service when different levels of government share a mandate on public service provision. I examine the Brazilian water and sanitation sector, which presents a natural experiment of shared provision between state and municipal companies. Using a difference-in-differences framework, I study a legal reform that clarified the relationship between municipal and state providers and eliminated any takeover threat by state companies. I find that after the reform, municipal companies almost doubled their total system investment, leading to significant increases in system access and decreases in child mortality. –Reproduced
773			_aAmerican Economic Journal Economic Policy
906			_aWATER RESOURCES - BRAZIL
942			_cAR