competition by common carriage between adjacent utilities are valuable alternatives to improve the industry’s efficiency, even … have similar effects. This paper analyzes and compares the relevant welfare gains and shows that production efficiency and …

efficiency improvements through consolidation. Focusing on a hypothetical restructuring of the industry, we apply Data … Envelopment Analysis (DEA) to analyze the potential efficiency gains from mergers between water utilities at the county level. A … conditional efficiency framework is used to account for the operating environment. Highest efficiency improvement potentials turn …

Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in … efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …

shows that taxpayers are the main losers as subsidies are still needed. There are also serious efficiency-equity trade …