This paper aims to analyse the price regulation method and performance of the water industry in Slovenia. A stochastic … cost frontier model is employed to estimate and decompose the total factor productivity (TFP) growth of water distribution … stimulate utilities to improve productivity. Therefore, the introduction of an independent regulatory agency and an incentive …

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 …