In: Zbornik Radova Ekonomski Fakultet u Rijeka, 2010, vol. 28, no. 1, p. 89-112
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 utilities in the 1997-2003 period. The main goal is to find out whether the lack of proper incentives to improve performance has resulted in the low TFP...
|
In: Journal of productivity analysis, 2008, vol. 29, no. 2, p. 169-182
This study estimates cost inefficiency and economies of scale of Slovenian water distribution utilities over the 1997-2003 period by employing several different stochastic frontier methods. The results indicate that significant cost inefficiencies are present in the utilities. An introduction of incentive-based price regulation scheme might help resolve this problem. However, the inefficiency...
|
Thèse de doctorat : Università della Svizzera italiana, 2006 ; 2006ECO003.
Over the last two decades it has become increasingly important to promote the efficiency and improve the performance of natural monopolies operating within network industries. In line with this, different regulatory approaches have been designed aiming at preventing the abuse of monopoly power and at the same time enhancing the performance of regulated firms. The most widely adopted...
|