全球智库信息集成服务系统(G2TT): Profit, Productivity, Price and Quality Performance Changes in the English and Welsh Water and Sewerage Companies

G2TT

来源类型	FEEM working papers "Note di lavoro" series
规范类型	论文
	Profit, Productivity, Price and Quality Performance Changes in the English and Welsh Water and Sewerage Companies
	Alexandros Maziotis; David S. Saal; Emmanuel Thanassoulis
发表日期	2013
出处	Climate Change and Sustainable Development
出版年	2013
语种	英语
摘要	The purpose of this paper is the evaluation of various profit drivers such as price changes, productivity changes and quality levels on the financial performance of the Water and Sewerage Companies (WaSCs) over time in the case when the number of observations is limited. We thereby follow Maziotis, Saal and Thanassoulis (2012) approach and extend it by measuring the impact of exogenous factors such as drinking water and sewerage treatment quality on profitability, productivity and price performance measures. The results suggest that while quality improvements have significantly contributed to the productivity performance of the WaSCs, they have also contributed negatively to their price performance. Overall, after 2000 steady reductions in average price performance, gains in productivity and stable economic profitability were apparent. This trend indicates Ofwat’s policy on passing productivity benefits to consumers, and sustaining stable profitability than it was in earlier regulatory periods. This technique is of great interest for both regulators and regulated companies to better identify the sources of profit variation and aid them in evaluating both the effectiveness of a regulatory price cap scheme and the performance of the regulated companies, when the sample size is extremely limited.
特色分类	Q5
关键词	Profit Decomposition Productivity Price Performance Quality Change Panel Index Numbers Regulation Water and Sewerage Industry
URL	https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/profit-productivity-price-and-quality-performance-changes-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/118141
推荐引用方式 GB/T 7714	Alexandros Maziotis,David S. Saal,Emmanuel Thanassoulis. Profit, Productivity, Price and Quality Performance Changes in the English and Welsh Water and Sewerage Companies. 2013.

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
20132191151201Nota_d（71KB）	智库出版物		限制开放	CC BY-NC-SA	浏览
20132191151434NDL201（720KB）	智库出版物		限制开放	CC BY-NC-SA	浏览