Private health insurance premiums in Australia are regulated by the Commonwealth Government. Premium increases often well exceed the national consumer price index, which suggests that consumers are not receiving value for money for health insurance products. The current regulatory framework does...

Information on the economies of scope (or cost complementarities) between two or more output variables is traditionally obtained from the second derivative properties of an econometrically estimated multi-output cost function. However, in some instances the econometric estimation of a cost...

An Introduction to Efficiency and Productivity Analysis is designed as a primer for anyone seeking an authoritative introduction to efficiency and productivity analysis. It is a systematic treatment of four relatively new methodologies in Efficiency/Production Analysis: (a) Least-Squares...