Regulation, efficiency, and Granger causality

International Journal of Industrial Organization

Volumn 20, Issue 9, 2002, Pages 1225-1245

  Granderson, Gerald ^a   Linvill, Carl ^a  

^a MIAMI UNIVERSITY   (United States)

Author keywords

DEA; Efficiency; Granger causality; Regulation

Indexed keywords

EID: 31244435254     PISSN: 01677187     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0167-7187(01)00094-7     Document Type: Article

References (32)

1. Averch, H., Johnson, L.L., 1962. Behavior of the firm under regulatory constraint. American Economic Review 52 (5), 1052-1069.
2. Berger, A.N., Hannan, T.H., 1997. Using efficiency measures to distinguish among alternative explanations of the structure-performance relationship in banking. Managerial Finance 23, 6-31.
3. Banker, R.D., Charnes, A., Cooper, W.W., 1984. Some models for estimating technical and scale inefficiencies in data envelopment analysis. Management Science 30 (9), 1078-1092.
4. Board of Governors of the Federal Reserve. Federal Reserve Bulletin. US Government Printing Office, Washington, DC (December 1980, 1983, 1984, 1989, 1991).
5. Callen, J.L., 1978. Production, efficiency, and welfare in the natural gas transmission industry. American Economic Review 68 (3), 311-323.
6. Charnes, A., Cooper, W.W., Rhodes, E., 1978. Measuring the efficiency of decision making units. European Journal of Operational Research 2 (6), 429-444.
7. Commerce Clearing House Inc., US Master Tax Guide. Commerce Clearing House Publishers, Chicago, IL. Editions: 61 (1978)
8. US Master Tax Guide. 64 (1981)
9. US Master Tax Guide. 69 (1986)
10. US Master Tax Guide. 70 (1987).
11. Dun and Bradstreet Corporation. Moody's Industrial Manual. Moody's Investors Service, New York (1977-1987).
12. Dun and Bradstreet Corporation. Moody's Public Utility Manual. Moody's Investors Service, New York (1977-1987).
13. Dun and Bradstreet Corporation. Moody's Transportation Manual. Moody's Investors Service, New York (1977-1987).
14. Färe, R., Logan, J., 1992. The rate of return regulated version of Farrell efficiency. International Journal of Production Economics 27 (2), 161-165.
15. Farrell, M.J., 1957. The measurement of productive efficiency. Journal of the Royal Statistical Society, Series A (General) 120 (Part III), 253-281.
16. Fazzari, S.M., Hubbard, R.G., Petersen, B.C., 1988. Financing constraints and corporate investment. Brookings Papers on Economic Activity (Brookings Institution, Washington, DC) 1, 141-195.
17. Ferrier, G.D., 1994. Ownership type property rights and efficiency. In: Charnes, A., Cooper, W., Lewin, A. (Eds.), Data Envelopment Analysis: Theory, Methodology, and Applications. Kluwer Academic Publishers, Boston, MA, pp. 273-283.
18. Ferrier, G.D., Valdmanis, V., 1996. Rural hospital performance and its correlates. Journal of Productivity Analysis 7 (1), 63-80.
19. Granger, C.W.J., 1969. Investigating causal relations by econometric models and cross-spectral methods. Econometrica 37 (3), 424-438.
20. Granderson, G., Linvill, C., 1999. Parametric and nonparametric approaches to benchmarking the regulated firm. Journal of Productivity Analysis 12 (3), 211-232.
21. Granderson, G., Linvill, C., 1998. Nonparametric measurement of productive efficiency in the presence of regulation. European Journal of Operational Research 110 (3), 643-657.
22. Hazilla, M., Kopp, R.J., 1986. Systematic effects of capital service price definition on perceptions of input substitution. Journal of Business and Economic Statistics 4 (2), 209-224.
23. Ibbotson, R.C., Sinquefield, R.A., 1989. Stocks, Bonds, Bills, and Inflation: Historical Returns (1926-1987). Research Foundation of the Institute of Chartered Financial Analysts, Virginia.
24. Jorgenson, D.W., 1963. Capital theory and investment behavior. American Economic Review 53 (2), 247-259.
25. National Association of Regulatory Utility Commissioners. Annual Report on Utility and Carrier Regulation. US Government Printing Office, Washington DC (1973-1988).
26. Natural Gas Supply Association, 1989. Financial Performance of Major U.S. Interstate Pipelines: 1979-1989, Natural Gas Supply Association, Washington DC.
27. Texas Eastern Transmission Corporation, 1991. Capitalization-Rate of Return Report, Texas Eastern Company Report, Texas.
28. US Department of Energy, Energy Information Administration. Statistics of Interstate Natural Gas Pipeline Companies. US Government Printing Office, Washington DC (1977-1987).
29. US Department of Energy, Federal Energy Regulatory Commission. Cost of Pipeline and Compressor Station Construction Under Non-Budget Pipeline Certificate Authorization. US Government Printing Office, Washington DC (various years).
30. US Department of Energy, Federal Energy Regulatory Commission. Cost of Pipeline and Compressor Station Construction Under Natural Gas Act Section 7©. US Government Printing Office, Washington DC (various years).
31. Value Line Publishing Inc. Value Line Investment Survey. Value Line Publishers, New York (December 1977-1987).
32. Walker, D.M., Jackson, J.D., 1998. New goods and economic growth: evidence from legalized gambling. Review of Regional Studies 28 (2), 47-69.