From 1920 until nationalization, privately owned gas companies in Britain were regulated under one of three systems: the maximum price, the sliding scale, or the basic price system. In effect, the industry was the subject of a remarkable experiment in regulation. Hitherto, there has been no...

A variety of methods - including vector autoregression (Bayesian and nonBayesian) and neural networks - are used to construct models of the UK economy, and their forecasting performance is compared.

The institutional framework for the funding of higher education in the United Kingdom is discussed. In England, much of the financial support for teaching and learning, especially of 'home and European Union' undergraduates, is channelled through the Higher Education Funding Council for England...

Data envelopment analysis is applied to the research assessment exercise data collected by the Higher Education Funding Councils in 1992, to study the relative performance of UK university departments of economics. The analysis throws light on returns to scale and on the characteristics deemed...

A multiproduct cost function is estimated for English higher education institutions using a panel of data from recent years. The panel approach allows estimation by means of a random parameter stochastic frontier model which provides considerable new insights in that it allows the impact on...