Molinos-Senante, María; Maziotis, Alexandros; … - In: Decision analytics journal 4 (2022), pp. 1-9
The firms’ performance assessment for regulation requires estimating profit change and its drivers. This study … estimates and decomposes profit changes into components such as output and input price changes, output growth, and markups … scale, and efficiency change. We apply the profit decomposition to several full private water companies (FPWCs …