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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Output Quality and Sources of Profit Change in the English and Welsh Water and Sewerage Companies | |
Alexandros Maziotis; David S. Saal; Emmanuel Thanassoulis | |
发表日期 | 2012 |
出处 | Climate Change and Sustainable Development |
出版年 | 2012 |
语种 | 英语 |
摘要 | This paper investigates the determinants of profit change over the period 1991-2008 for the Water and Sewerage Companies (WaSCs) in the English and Welsh water and sewerage industry. We firstly apply an input oriented profit decomposition approach following the approach of De Witte & Saal (2010). Then, we make allowances for differences in the quality of output, by decomposing the output effect into high quality and low quality output effect. We decompose profit changes into various factors such as quantity and price effect, technical change, efficiency change, resource mix, product mix and scale effect, without and after controlling for quality. In both cases, the positive impact on profit changes came from substantial improvements in technical change, the cost efficient allocation of resources by substituting labour with capital and small improvements in efficiency gains. The input price and scale effect had a significant negative impact on profit changes. This technique is of great interest for regulators to evaluate the effectiveness of regulation and companies to identify the determinants of profit change and improve future performance, even if sample sizes are limited. |
特色分类 | Q5 |
关键词 | Profit Decomposition Productivity Index Numbers DEA Regulation Water and Sewerage Industry |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/output-quality-and-sources-of-profit-change-in-the-english-and-welsh-water-and-sewerage-companies/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/118024 |
推荐引用方式 GB/T 7714 | Alexandros Maziotis,David S. Saal,Emmanuel Thanassoulis. Output Quality and Sources of Profit Change in the English and Welsh Water and Sewerage Companies. 2012. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
20121119958231Nota_d(71KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
20121119958234NDL201(1478KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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