Dynamic Efficiency in the English and Welsh Water and Sewerage Industry

Arbeitspapier

The English and Welsh water and sewerage industry is characterised by indivisible capital which has a long service life. Previous studies of efficiency for the English and Welsh water and sewerage industry take a static framework, assuming all inputs can be adjusted instantaneously. This paper measures dynamic efficiency by incorporating intertemporal links of capital within the production function for the English and Welsh water and sewerage industry for the period 1997-2011. Dynamic Data Envelopment Analysis (DEA) considers capital as a quasi-fixed input and is modelled as a contemporaneous output into current production and an input from past production. The results show that the inadequate intertemporal allocation of quasi-fixed inputs is the largest contributor of inefficiency.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Cardiff Economics Working Papers ; No. E2014/2

Classification and Topics

• Classification: Wirtschaft ; Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity ; Organization of Production ; Nonprofit Institutions; NGOs; Social Entrepreneurship
• Subject: Dynamic efficiency ; water and sewage industry ; DEA ; intertemporal allocation

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Pointon, Charlotte ; Matthews, Kent
• Event: Veröffentlichung
• (who): Cardiff University, Cardiff Business School
• (where): Cardiff
• (when): 2014

Further information

• Handle: http://hdl.handle.net/10419/109068
• Last update: 12.04.0003, 11:41 AM CET