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Tracking the stepwise effects of regulatory reforms over time: a “back-door” approach
[journal article]
Abstract Most of the literature on the efficiency effects of regulatory reforms ignores the gradual nature of the implementation of these reforms. This paper describes a new simple data manipulation which minimizes data requirements to measure econometrically the impact on efficiency of each stage of multi-s... view more
Most of the literature on the efficiency effects of regulatory reforms ignores the gradual nature of the implementation of these reforms. This paper describes a new simple data manipulation which minimizes data requirements to measure econometrically the impact on efficiency of each stage of multi-stages regulatory reforms. The approach can easily be implemented using standard stochastic frontier software programs. It is illustrated with data on the Spanish port system which went through a two-stage reform during the 1990s.... view less
Document language
English
Publication Year
2009
Page/Pages
p. 211-218
Journal
Applied Economics, 41 (2009) 2
DOI
https://doi.org/10.1080/00036840600994294
Status
Postprint; peer reviewed
Licence
PEER Licence Agreement (applicable only to documents from PEER project)