Measuring productive efficiency provides information on the likely effects of regulatory reform. We present a Data Envelopment Analysis (DEA) of a sample of 38 vehicle inspection units under a concession regime, between the years 2000 and 2004. The differences in efficiency scores show the...

Measuring productive efficiency provides information on the likely effects of regulatory reform. We present a Data Envelopment Analysis (DEA) of a sample of 38 vehicle inspection units under a concession regime, between the years 2000 and 2004. The differences in efficiency scores show the...

In the EU of today, economic policies, competition policy and regulation are expected to be 'evidence-based'. Since the late 1990s, this has also become possible for 'regulation'. The purpose of the present paper is to discuss critically the most prominent empirical approach to the measurement...

This thesis consists of five papers, four of them basically concerning environmental issues, while the fifth paper addresses the issue of measuring output from the educational sector. <p> The first paper starts from the fact that industrial activity causes environmental damage. Therefore, public...</p>

The purpose of this paper is to compute and evaluate producers’ marginal abatement costs (MACs). These costs are obtained by calculating shadow prices of bad outputs from the production technology, which is represented by the estimated directional output distance function. To be more specific,...

More and more, society is becoming aware that regulations, while necessary, also impose high costs on individuals, businesses and the public sector. Regulations that are unclear, obsolete and bad-ly designed prevent achievement of the intended social and economic goals. Therefore, governments...

We asess evolution in perfomance, efficiency and productivity of Colombia's power distribution utilitiesbefore and after the 1994 regulatory reform that introduced electricity market activities for the power sector in 12 distribution companies from 1985 to 2001. Perfomance is evaluated...

One of the main concerns in the European Union (EU) is to improving educational achievements and the efficiency of the educational systems. In this work we analyse the educational efficiency in 18 European countries through a methodology that employs the pupil as decision making unit using PISA...

This empirical study assesses the impact of specific regulatory policy measures, adopted in the Greek wholesale electricity market during the period 2004-2011, on the Day-Ahead Market Price. We consider an ARMA-GARCH model extended to include dummies and other exogenous variables that affect...

Increasingly popular tailored regulation (TR) initiatives like EPA's Project XL allow plants to voluntarily substitute site-specific environmental performance standards for command-and-control regulations that dictate pollution abatement strategies. TR can significantly reduce participants'...