Victoria Shestalova
| Date of Ph.D. defense: | September 13, 2002 |
| Title of thesis: | Essays in Productivity and Efficiency (PDF) |
| ISBN: | 90 5668 103 6 |
| Promotors: | Prof.dr. Dolf Talman |
| Prof.dr. Ed Wolff | |
| Dr. Thijs ten Raa |
Abstract:
The thesis presents a collection of articles in the area of productivity and
efficiency. It consists of two parts connected by the common subject of
productivity and efficiency.
Part I discusses alternative approaches to the TFP growth measurement, namely the original approach by Solow (1957), the traditional Index-Numbers and approaches adopted in Input-Output and DEA literature. Two empirical applications offered in Part I present analyses of the sectoral productivity performance in industrialized countries.
Part II approaches the issue of evaluating productivity and efficiency from the perspective of incentive regulation. Related issues are benchmarking of the performance of regulated companies and a design of a regulation scheme that provides incentives for adequate performance. Focusing on the regulation of regional distribution utilities operating under similar circumstances and able to achieve the same minimum cost, it has been shown how the traditional yardstick competition scheme can be augmented to resolve the trade-off between price and reliability of service.
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