Maziotis, Alexandros; Saal, David S.; Thanassoulis, Emmanuel - Fondazione ENI Enrico Mattei (FEEM) - 2012
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 approach following the approach of De Witte & Saal...