Die Untersuchung bewertet die Preissetzung der lokalen Stromverteilungsunternehmen in den Nordischen Ländern. Nach der Darstellung der theoretischen Grundlagen der Kostenstruktur, der Preissetzung und der gängigsten Regulierungsmethoden der natürlichen Monopole im ersten Teil wird im zweiten...

We discuss the nonparametric approach to profit efficiency analysis at the firm and industry levels in the absence of complete price information, and propose two new insights. First, choosing one commodity (whose price is known) as a numeraire good enables us to measure profit inefficiency in...

Pricing is primarily a domain of cost and management accountants' professional expertise. Right pricing strategies of an entity providing goods and services can ensure its sustainable growth. This paper has highlighted various aspects of pricing issues (pricing and strategies therefor, non-cost...

Policy makers in Europe have been concerned that lack of product market competition have led productivity to lag behind the US. Theoretical models are ambiguous about the direction of the effect that product market competition should have on productivity. On the one hand increasing competition...

We analyze how adding the shadow economy to official output figures affects technical efficiency. We find that this only slightly affects the ranking of efficiency scores, but increases average efficiency. Our results are robust to the functional form of the production technology and the...

A detailed decomposition of the sources of the Total Factor Productivity (TFP) growth index within an output distance function framework was carried out, looking at the following components: technical change, change in technical efficiency, scale component, and violations of the profit...

The growth experience of virtually all but the very rich countries is best explained as a combination of high and low growth episodes. Therefore, there is a need to under- stand the sources of growth during high and low growth regimes and in particular the influences as growth regimes change....

"Дискуссионные материалы" анализируют изменение эффективности и общей продуктивности факторов (англ. total factor productivity, TFP) крупных сельскохозяйственных...