A Primer on Efficiency Measurement for Utilities and Transport Regulators

This book is intended to help regulators learn about the tools needed to measure efficiency. It is based on lecture notes from courses the World Bank Institute offers in English, French and Spanish throughout the developing world and has benefited...

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Main Authors: Coelli, Tim, Estache, Antonio, Perelman, Sergio, Trujillo, Lourdes
Format: Publication
Language:English
en_US
Published: Washington, DC: World Bank 2013
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2003/02/2375954/primer-efficiency-measurement-utilities-transport-regulators
http://hdl.handle.net/10986/15149
id okr-10986-15149
recordtype oai_dc
spelling okr-10986-151492021-04-23T14:03:11Z A Primer on Efficiency Measurement for Utilities and Transport Regulators Coelli, Tim Estache, Antonio Perelman, Sergio Trujillo, Lourdes ACCOUNTING ACTUAL COSTS AGING ALLOCATIVE EFFICIENCY ASSET PRICING BENCHMARK BENCHMARKING BENCHMARKS BURNS CONSTANT RETURNS TO SCALE CONSUMER PRICE INDEX CONSUMERS COST OF CAPITAL CPI DEREGULATION DEVELOPMENT PLANNING ECONOMETRICS ECONOMIC ANALYSIS ECONOMIC THEORY EMPIRICAL ANALYSIS INDEX NUMBERS INEFFICIENCY INFLATION INFORMATION ASYMMETRIES INPUT PRICES MANDATES MARGINAL COSTS MARGINAL PRODUCTS MARKET POWER MICROECONOMICS MONOPOLIES NATURAL MONOPOLY NORMAL PROFITS POPULATION GROWTH POTENTIAL OUTPUT PRIVATIZATION PRODUCERS PRODUCTION FUNCTIONS PRODUCTIVITY PRODUCTIVITY GROWTH PUBLIC SERVICES REGULATORY AUTHORITIES REGULATORY REGIMES RESEARCH PROJECTS SAFETY TECHNOLOGICAL PROGRESS TELECOMMUNICATIONS TOTAL FACTOR PRODUCTIVITY TRANSPORT VARIABLE COSTS VARIABLE INPUTS WATER SUPPLY WEALTH TRANSPORT REGULATIONS METHODOLOGY PERFORMANCE STANDARDS COST FUNCTIONS EFFICIENCY DECISION MAKING POLICY MAKING DATA GATHERING INFRASTRUCTURE ELECTRICITY WATER SEWERAGE TELECOMMUNICATIONS ECONOMIC THEORY ECONOMIC MODELS This book is intended to help regulators learn about the tools needed to measure efficiency. It is based on lecture notes from courses the World Bank Institute offers in English, French and Spanish throughout the developing world and has benefited from feedback received during those courses. It provides an overview of the various dimensions of efficiency that regulators should be concerned with. It also summarizes the main quantification techniques available to facilitate decisions in the most common regulatory processes. The issues covered should be of particular interest to those policymakers and regulators interested in measuring relative efficiency and in implementing any incentive-based regulatory mechanism that requires the measurement of efficiency, such as price caps, revenue caps, or yardstick competition. The book focuses on methodology selection, data collection, and related issues. It provides readers with all the conceptual tools they need to make real-life decisions. It is also supported by a web site from which readers can download software they can use to implement the techniques described. 2013-08-16T21:20:29Z 2013-08-16T21:20:29Z 2003-01 http://documents.worldbank.org/curated/en/2003/02/2375954/primer-efficiency-measurement-utilities-transport-regulators 0-8213-5379-9 http://hdl.handle.net/10986/15149 English en_US WBI Development Studies; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNTING
ACTUAL COSTS
AGING
ALLOCATIVE EFFICIENCY
ASSET PRICING
BENCHMARK
BENCHMARKING
BENCHMARKS
BURNS
CONSTANT RETURNS TO SCALE
CONSUMER PRICE INDEX
CONSUMERS
COST OF CAPITAL
CPI
DEREGULATION
DEVELOPMENT PLANNING
ECONOMETRICS
ECONOMIC ANALYSIS
ECONOMIC THEORY
EMPIRICAL ANALYSIS
INDEX NUMBERS
INEFFICIENCY
INFLATION
INFORMATION ASYMMETRIES
INPUT PRICES
MANDATES
MARGINAL COSTS
MARGINAL PRODUCTS
MARKET POWER
MICROECONOMICS
MONOPOLIES
NATURAL MONOPOLY
NORMAL PROFITS
POPULATION GROWTH
POTENTIAL OUTPUT
PRIVATIZATION
PRODUCERS
PRODUCTION FUNCTIONS
PRODUCTIVITY
PRODUCTIVITY GROWTH
PUBLIC SERVICES
REGULATORY AUTHORITIES
REGULATORY REGIMES
RESEARCH PROJECTS
SAFETY
TECHNOLOGICAL PROGRESS
TELECOMMUNICATIONS
TOTAL FACTOR PRODUCTIVITY
TRANSPORT
VARIABLE COSTS
VARIABLE INPUTS
WATER SUPPLY
WEALTH TRANSPORT
REGULATIONS
METHODOLOGY
PERFORMANCE STANDARDS
COST FUNCTIONS
EFFICIENCY
DECISION MAKING
POLICY MAKING
DATA GATHERING
INFRASTRUCTURE
ELECTRICITY
WATER
SEWERAGE
TELECOMMUNICATIONS
ECONOMIC THEORY
ECONOMIC MODELS
spellingShingle ACCOUNTING
ACTUAL COSTS
AGING
ALLOCATIVE EFFICIENCY
ASSET PRICING
BENCHMARK
BENCHMARKING
BENCHMARKS
BURNS
CONSTANT RETURNS TO SCALE
CONSUMER PRICE INDEX
CONSUMERS
COST OF CAPITAL
CPI
DEREGULATION
DEVELOPMENT PLANNING
ECONOMETRICS
ECONOMIC ANALYSIS
ECONOMIC THEORY
EMPIRICAL ANALYSIS
INDEX NUMBERS
INEFFICIENCY
INFLATION
INFORMATION ASYMMETRIES
INPUT PRICES
MANDATES
MARGINAL COSTS
MARGINAL PRODUCTS
MARKET POWER
MICROECONOMICS
MONOPOLIES
NATURAL MONOPOLY
NORMAL PROFITS
POPULATION GROWTH
POTENTIAL OUTPUT
PRIVATIZATION
PRODUCERS
PRODUCTION FUNCTIONS
PRODUCTIVITY
PRODUCTIVITY GROWTH
PUBLIC SERVICES
REGULATORY AUTHORITIES
REGULATORY REGIMES
RESEARCH PROJECTS
SAFETY
TECHNOLOGICAL PROGRESS
TELECOMMUNICATIONS
TOTAL FACTOR PRODUCTIVITY
TRANSPORT
VARIABLE COSTS
VARIABLE INPUTS
WATER SUPPLY
WEALTH TRANSPORT
REGULATIONS
METHODOLOGY
PERFORMANCE STANDARDS
COST FUNCTIONS
EFFICIENCY
DECISION MAKING
POLICY MAKING
DATA GATHERING
INFRASTRUCTURE
ELECTRICITY
WATER
SEWERAGE
TELECOMMUNICATIONS
ECONOMIC THEORY
ECONOMIC MODELS
Coelli, Tim
Estache, Antonio
Perelman, Sergio
Trujillo, Lourdes
A Primer on Efficiency Measurement for Utilities and Transport Regulators
relation WBI Development Studies;
description This book is intended to help regulators learn about the tools needed to measure efficiency. It is based on lecture notes from courses the World Bank Institute offers in English, French and Spanish throughout the developing world and has benefited from feedback received during those courses. It provides an overview of the various dimensions of efficiency that regulators should be concerned with. It also summarizes the main quantification techniques available to facilitate decisions in the most common regulatory processes. The issues covered should be of particular interest to those policymakers and regulators interested in measuring relative efficiency and in implementing any incentive-based regulatory mechanism that requires the measurement of efficiency, such as price caps, revenue caps, or yardstick competition. The book focuses on methodology selection, data collection, and related issues. It provides readers with all the conceptual tools they need to make real-life decisions. It is also supported by a web site from which readers can download software they can use to implement the techniques described.
format Publications & Research :: Publication
author Coelli, Tim
Estache, Antonio
Perelman, Sergio
Trujillo, Lourdes
author_facet Coelli, Tim
Estache, Antonio
Perelman, Sergio
Trujillo, Lourdes
author_sort Coelli, Tim
title A Primer on Efficiency Measurement for Utilities and Transport Regulators
title_short A Primer on Efficiency Measurement for Utilities and Transport Regulators
title_full A Primer on Efficiency Measurement for Utilities and Transport Regulators
title_fullStr A Primer on Efficiency Measurement for Utilities and Transport Regulators
title_full_unstemmed A Primer on Efficiency Measurement for Utilities and Transport Regulators
title_sort primer on efficiency measurement for utilities and transport regulators
publisher Washington, DC: World Bank
publishDate 2013
url http://documents.worldbank.org/curated/en/2003/02/2375954/primer-efficiency-measurement-utilities-transport-regulators
http://hdl.handle.net/10986/15149
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