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Tables of Contents for A Primer for Efficiency Measurement for Utilities and Transport Regulators
Chapter/Section Title
Page #
Page Count
Foreword
v
About the Authors
vii
Acknowledgments
ix
Abbreviations and Acronyms
xi
1. Introduction
1
4
2. Why Should Regulators Be Interested in Efficiency?
5
20
Regulation Methods
7
2
Why Use Sophisticated Performance Measurement Methods?
9
1
Some Performance Measurement Terminology
10
11
Summing Up
21
4
3. Some TFP Measurement and Decomposition Methods
25
30
Price-Based Index Numbers
27
3
Production Frontiers, Single Output Case
30
6
Cost Frontiers, Single Output Case
36
4
Multiple Output Case
40
7
Malmquist DEA TFP Indexes
47
3
Cross-Sectional TFP Comparisons
50
1
What if Policy or Other Similar Variables Are Relevant?
51
1
Summing Up
52
3
4. An Empirical Example
55
20
Estimation of an SFA Production Frontier
57
6
TFP Calculation and Decomposition
63
3
Comparison of Methods
66
4
A Price Cap Regulation Example
70
5
5. Performance Measurement Issues in Regulation
75
8
Setting a Single X-Factor for All Firms
76
1
Setting Firm-Specific X-Factors
77
4
Additional Comments
81
2
6. Dealing with Data Concerns in Practice
83
16
Inputs
84
5
Outputs
89
1
Quality
90
2
Environment
92
1
Prices
92
2
Panel Data and International Comparisons
94
1
Additional Issues
95
4
7. Choice of Methodology
99
6
8. Concluding Comments
105
4
Appendix: Capital Measurement
109
14
References
123
8
Index
131