This paper evaluates the impact of the tightening in price cap by OFWAT and of other operational factors on the efficiency of water and sewerage companies in England and Wales using a mixture of data envelopment analysis and stochastic frontier analysis. Previous empirical results suggest that...

The aim of this lecture is to; set out the importance of information and communications technologies for europe’s economic future; describe the role ICT policies play in the Lisbon agenda; evaluate the current regulatory regime for electronic communications services in Europe. To anticipate the...

Recent advances in telecommunications, particularly using fibre technologies, permit many services based on data-processing to be performed anywhere in the world. They thus become tradable and subject to the laws of comparative advantage. A good example is data-processing within large...