1.Introduction
2.Why Should Regulators Be Interested in Efficiency?
Regulation Methods
Why Use Sophisticated Performance Measurement Methods?
Some Performance Measurement Terminology
Summing Up
3.Some TFP Measurement and Decomposition Methods
Price-Based Index Numbers
Production Frontiers, Single Output Case
Cost Frontiers, Single Output Case
Multiple Output Case
Malmquist DE A TFP Indexes
Cross-Sectional TFP Comparisons
What if Policy or Other Similar Variables Are Relevant?
Summing Up
4.An Empirical Example
Estimation of an SFA Production Frontier TFP Calculation and Decomposition Comparison of Methods A Price Cap Regulation Example

5.Performance Measurement Issues in Regulation
Setting a Single X-Factor for All Firms Setting Firm-Specific X-Factors Additional Comments
6.Dealing with Data Concerns in Practice
Inputs
Outputs
Quality
Environment
Prices
Panel Data and International Comparisons
Additional Issues
7.Choice of Methodology
8.Concluding Comments
Appendix: Capital Measurement
References Index

+ Adnotare :

This book will be considerable value to regulators, especially the empirical example in chapter 4. Regulators in developing countries will also benefit immensely from the examples of lessons learned by regulators in the developed world. Their successes and failures provide valuable information on the pitfalls to avoid as well as evidence the the empirical techniques presented in the book can actually work.