IDEAS home Printed from https://ideas.repec.org/a/taf/cijwxx/v37y2021i5p865-881.html
   My bibliography  Save this article

Drivers of profitability and productivity growth in the English and Welsh water industry since privatization

Author

Listed:
  • María Molinos-Senante
  • Alexandros Maziotis

Abstract

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.

Suggested Citation

  • María Molinos-Senante & Alexandros Maziotis, 2021. "Drivers of profitability and productivity growth in the English and Welsh water industry since privatization," International Journal of Water Resources Development, Taylor & Francis Journals, vol. 37(5), pages 865-881, September.
    • Handle: RePEc:taf:cijwxx:v:37:y:2021:i:5:p:865-881
    DOI: 10.1080/07900627.2020.1782851
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/07900627.2020.1782851
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/07900627.2020.1782851?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:cijwxx:v:37:y:2021:i:5:p:865-881. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/cijw20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.