82 research outputs found
Influential observations in frontier models, a robust non-oriented approach to the water sector
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INDICATORS OF PARTIAL PRODUCTIVITY AND TECHNICAL EFFICIENCY IN THE EUROPEAN URBAN TRANSIT SECTOR
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An Alternative Specification for Technical Efficiency Effects in a Stochastic Frontier Production Function
No full textDecomposing efficiency into its managerial and its regulatory components: The case of European railways
Full text linkThe purpose of this paper is to decompose traditional measures of productive efficiency into a management and a regulatory component. This procedure is applied to European railways. The policy implication of such a decomposition is obvious: management is responsible for just managerial inefficiency whereas governments are responsible for slacks in regulatory efficiency. Regulatory efficiency is based on indicators pertaining to managerial freedom in pricing, hiring and marketing decisions
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