regulatory reforms including privatization, yardstick competition and profit regulation were also seriously considered, we … utilities before and after the introduction of the sunshine regulation. As during the period 1992-2006 several alternative … decomposing profit change into its economic drivers (quantity effect, price effect, operating efficiency, technical progress …

This paper investigates the determinants of profit change over the period 1991-2008 for the Water and Sewerage … Companies (WaSCs) in the English and Welsh water and sewerage industry. We firstly apply an input oriented profit decomposition …, by decomposing the output effect into high quality and low quality output effect. We decompose profit changes into …

effectiveness of regulation and companies to identify the determinants of profit change and improve future performance, even if … sample sizes are limited. -- Profit Decomposition ; Productivity ; Price Performance ; Panel Index Numbers ; Regulation …The purpose of this paper is to assess the impact of regulation in the financial performance of the Water and Sewerage …