Drivers of productivity change in water companies: an empirical approach for England and Wales

被引:18
|
作者
Molinos-Senante, Maria [1 ,2 ]
Maziotis, Alexandros [3 ,4 ]
机构
[1] Pontificia Univ Catolica Chile, Dept Ingn Hidraul & Ambiental, Santiago, Chile
[2] Ctr Desarrollo Urbano Sustentable CONICYT FONDAP, Dept Engn, Santiago, Chile
[3] Fdn Eni Enrico Mattei, Dept Sustainable Dev & Climate Change, Venice, Italy
[4] New York Coll, Dept Business, Athens, Greece
关键词
Quadratic cost function; total factor productivity; technical change; scale efficiency; water industry; England and Wales; COST FUNCTION; WELSH WATER; OPERATIONAL ENVIRONMENT; TECHNICAL CHANGE; SCOPE ECONOMIES; INDUSTRY; EFFICIENCY; QUALITY; ENGLISH; SCALE;
D O I
10.1080/07900627.2019.1702000
中图分类号
TV21 [水资源调查与水利规划];
学科分类号
081501 ;
摘要
In this study, a normalized quadratic cost function was employed to estimate total factor productivity for the water sector in England and Wales over the period 1993-2016. Productivity was then decomposed into technical change and scale effect. Technical change is further broken down into pure technical change, non-neutral technical change, and effects due to scale-augmenting technical change. The water industry increased its productivity annually by 6.1%, with 1.5% corresponding to technical change and 4.5% attributed to the scale effect. Lastly, we discuss some policy implications by linking the productivity results with the regulatory cycle.
引用
收藏
页码:972 / 991
页数:20
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