Performance measurement and regulation of network utilities / edited by Tim Coelli, Denis Lawrence.

Includes bibliographical references and index.

Contents:1. Editors’ IntroductionTim Coelli and Denis Lawrence2. The Role of the Policy Framework for the Effectiveness of Benchmarking in Regulatory ProceedingsPhil Burns, Cloda Jenkins, Misja Mikkers and Christoph Riechmann3. Performance Measurement in the Australian Water Supply Industry: A Preliminary AnalysisTim Coelli and Shannon Walding4. Telecommunications Productivity Measurement for a Regulated Monopoly in an Era of Major Network ExpansionRussel Cooper and Gary Madden5. Productivity and Regulatory Reform of Norwegian Electricity Distribution Utilities Dag Fjeld Edvardsen, Finn R. Førsund, Wiljar Hansen, Sverre A.C. Kittelsen and Thor Neurauter6. Infrastructure Reform in Developing Economies: Evidence from a Survey of Economic Performance MeasuresAntonio Estache, Sergio Perelman and Lourdes Trujillo7. Market Structure, Regulation and Performance in the Airline Industry: Lessons from a Potential AllianceJohn Fallon8. Regulating Electricity Networks: The ABC of Setting X in New ZealandDenis Lawrence and Erwin Diewert9. A Shadow Cost Function Model of the US Water Industry Incorporating Water Quality and Ownership EffectsRoberto Mosheim10. Regulatory Reform and Economic Performance in US Electricity Generation Supawat Rungsuriyawiboon and Tim Coelli11. Assessing the Performance of Water Operations in the English and Welsh Water Industry: A Lesson in the Implications of Inappropriately Assuming a Common FrontierDavid S. Saal and David Parker12. Efficiency Analysis for Incentive RegulationThomas Weyman-Jones, Julia Boucinha, Celia Godinho, Catarina Feteira Inacio, Pedro Martins and Jon LatoreIndex

This book explores the important role that economic performance measurement is playing in the regulation of network utilities in many countries today. The contributors to the book - researchers from academia, regulatory agencies and consulting firms - address the use of efficiency measures in price regulation and in assessing the effects of past regulatory reforms. Industries examined include electricity supply, water supply, telecommunications and airlines, across a range of countries including the USA, UK, Norway, the Netherlands, Australia and New Zealand. "Performance Measurement and Regulation of Network Utilities" is unique in that, unlike many other books in this area, it is devoted to the use of performance measurement in these regulatory settings. It is a timely contribution to the literature, given that performance measurement is an integral part of the new incentive regulation methods which have been adopted by many regulatory agencies around the world. Academics specialising in regulation and performance measurement and students of regulatory economics courses, organization studies and public sector economics will all find this book of great interest. It will also appeal to regulators, regulatory consultants and regulatory sections of major utilities