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technique is of great interest for regulators to evaluate the effectiveness of regulation and companies to identify the …
Persistent link: https://www.econbiz.de/10010294274
companies (WaSCs) in England and Wales. We apply a panel index approach across WaSCs over time to decompose unit … 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 …
Persistent link: https://www.econbiz.de/10009687496
; Productivity ; Index Numbers ; DEA ; Regulation ; Water and Sewerage Industry … technique is of great interest for regulators to evaluate the effectiveness of regulation and companies to identify the …
Persistent link: https://www.econbiz.de/10009687492
sample sizes are extremely limited. -- X-factor ; productivity decomposition ; panel index numbers ; regulation ; water and …) over time to decompose unit-specific index number based productivity growth as a function of the productivity growth … potential productivity catch-up of laggard firms and an estimate of how the top performing company improved its productivity …
Persistent link: https://www.econbiz.de/10009705668
The firms’ performance assessment for regulation requires estimating profit change and its drivers. This study …. Using the stochastic frontier analysis, we compute the drivers of productivity change, such as technical change, returns to … factor productivity levels increased over time at 1.967% and 1.062% per annum, respectively. Technical change, gains in …
Persistent link: https://www.econbiz.de/10013453632
manufacturing sectors in India, on the total factor productivity (TFP) growth of firms and on its components, scale efficiency and …
Persistent link: https://www.econbiz.de/10013549825
We develop a stochastic model to rank different policies (tax, fixed cap and relative cap) according to their expected total social costs. Three types of uncertainties are taken into account: uncertainty about abatement costs, business-as-usual (BAU) emissions and future economic output (the two...
Persistent link: https://www.econbiz.de/10010419904
The conventional view of regulation is that it exists to constrain corporate activity that harms the public. But amid … about the incentives that shape it. Like the market for regulation by government, asset manager regulation is responsive to … financial incentives. In particular, asset managers will only supply regulation if it has a positive impact on their profits …
Persistent link: https://www.econbiz.de/10013293322
the topics examined by this literature—especially auctions, investment, productivity and innovation, and regulation … markets and environmental regulation. We emphasize the substantive contributions of recent papers while also highlighting how …
Persistent link: https://www.econbiz.de/10013212406
The paper addresses the problem of information asymmetry between a regulator and the polluting firms and proposes a very simple mechanism where the regulator is free to choose, without communicating in advance to the firms, between two instruments: an effluent fee or a standard: as a result in a...
Persistent link: https://www.econbiz.de/10012997072