Cost efficiency in the UK water and sewerage industry
Allbwn ymchwil: Cyfraniad at gyfnodolyn › Erthygl › adolygiad gan gymheiriaid
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Yn: Applied Economics Letters, Cyfrol 7, Rhif 7, 07.2000, t. 455-458.
Allbwn ymchwil: Cyfraniad at gyfnodolyn › Erthygl › adolygiad gan gymheiriaid
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TY - JOUR
T1 - Cost efficiency in the UK water and sewerage industry
AU - Ashton, John
PY - 2000/7
Y1 - 2000/7
N2 - The paper quantifies the relative efficiency of the ten privatized water and sewerage companies between 1987 and 1997. A one-component fixed-effects panel data model is used to estimate a cost function from which distribution-free firm-specific estimates of operational cost efficiency are derived. The study differs from previousstudies through the use of differing econometric techniques and by considering thewater and sewerage companies as integrated firms. Overall, a moderate level ofdispersion in operational cost efficiency is recorded.
AB - The paper quantifies the relative efficiency of the ten privatized water and sewerage companies between 1987 and 1997. A one-component fixed-effects panel data model is used to estimate a cost function from which distribution-free firm-specific estimates of operational cost efficiency are derived. The study differs from previousstudies through the use of differing econometric techniques and by considering thewater and sewerage companies as integrated firms. Overall, a moderate level ofdispersion in operational cost efficiency is recorded.
U2 - 10.1080/135048500351177
DO - 10.1080/135048500351177
M3 - Article
VL - 7
SP - 455
EP - 458
JO - Applied Economics Letters
JF - Applied Economics Letters
SN - 1350-4851
IS - 7
ER -