utilities before and after the introduction of the sunshine regulation. As during the period 1992-2006 several alternative … regulatory reforms including privatization, yardstick competition and profit regulation were also seriously considered, we …, scale, etc.), our results suggest that in an appropriate political and institutional context, sunshine regulation can be an …

technique is of great interest for regulators to evaluate the effectiveness of regulation and companies to identify the …

The purpose of this paper is to assess the impact of regulation in the financial performance of the Water and Sewerage … effectiveness of regulation and companies to identify the determinants of profit change and improve future performance, even if …

technique is of great interest for regulators to evaluate the effectiveness of regulation and companies to identify the …

The purpose of this paper is to assess the impact of regulation in the financial performance of the Water and Sewerage … effectiveness of regulation and companies to identify the determinants of profit change and improve future performance, even if …

The firms’ performance assessment for regulation requires estimating profit change and its drivers. This study …

Data Envelopment Analysis (DEA) based cost norms have attractive properties in the regulation of natural monopolies … that the regulation will induce socially optimal output levels. In this paper, we analytically and numerically examine the … that the eight-year catch-up period allowed in this regulation gives strong incentives to reduce costs since the firms can …