A Primer on Efficiency Measurement for Utilities and Transport Regulators by Tim Coelli

A Primer on Efficiency Measurement for Utilities and Transport Regulators by Tim Coelli

Regular price
Checking stock...
Regular price
Checking stock...
Summary

This work provides an overview of the techniques available to regulators of recently ""privatized"" utilities and transport services to measure the various sources of inefficiencies in the firms they are required to monitor. It provides guidelines as to how to choose between these options.

The feel-good place to buy books
  • Free US shipping over $15
  • Buying preloved emits 41% less CO2 than new
  • Millions of affordable books
  • Give your books a new home - sell them back to us!

A Primer on Efficiency Measurement for Utilities and Transport Regulators by Tim Coelli

This work provides an overview of the techniques available to regulators of recently ""privatized"" utilities and transport services to measure the various sources of inefficiencies in the firms they are required to monitor. It provides guidelines as to how to choose between these options, identifying the costs and benefits of the various approaches in the situations most relevant to regulators. It covers the measurement of efficiency in the context of a tariff revision aiming at redistributing at least some of the efficiency gains from the producers to the users. It also addresses the challenges from comparative efficiency assessments allowing the introduction of yardstick competition. The issues covered should be of interest to those regulatory authorities which are required to obtain measures of relative efficiency, and of historical productivity growth, to assist with the setting of price-caps or any of incentive based regulatory mechanism requiring the measurement of efficiency, such as yardstick competition.
SKU Unavailable
ISBN 13 9780821353790
ISBN 10 0821353799
Title A Primer on Efficiency Measurement for Utilities and Transport Regulators
Author Tim Coelli
Series Wbi Development Studies
Condition Unavailable
Binding Type Paperback
Publisher World Bank Publications
Year published 2003-02-24
Number of pages 134
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.