Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Drivers of profitability and productivity growth in the English and Welsh water industry since privatization
In this article we investigate the relationship between productivity and profitability, and their drivers: changes in outputs, output and input prices, technical change, technical efficiency change, and scale and mark-up effects. We apply profit decomposition to the water and sewerage companies in England and Wales in 1991–2016. We find that over this period their profit and productivity increased by 4% and 2.5% per year, respectively. Technical change, scale and mark-up effects, and output and input prices contributed positively to profit growth, while the impact of technical efficiency change, although positive, was small.
Drivers of profitability and productivity growth in the English and Welsh water industry since privatization
In this article we investigate the relationship between productivity and profitability, and their drivers: changes in outputs, output and input prices, technical change, technical efficiency change, and scale and mark-up effects. We apply profit decomposition to the water and sewerage companies in England and Wales in 1991–2016. We find that over this period their profit and productivity increased by 4% and 2.5% per year, respectively. Technical change, scale and mark-up effects, and output and input prices contributed positively to profit growth, while the impact of technical efficiency change, although positive, was small.
Drivers of profitability and productivity growth in the English and Welsh water industry since privatization
Molinos-Senante, María (Autor:in) / Maziotis, Alexandros (Autor:in)
International Journal of Water Resources Development ; 37 ; 865-881
03.09.2021
17 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Unbekannt
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