Parametric and nonparametric cost efficiency benchmarking of water utilities in Russia
The activities of the water companies in Russia are regulated in order to overcome market failures caused by regional monopolization, information asymmetries and the need to find a balance between the interests of consumers and company objectives for its normal functioning and development. In the Russian Federation, the regulator uses the outdated and inefficient cost method, which deprives the company an incentive to reduce their own costs. However, Russian regulator is in active discussion about the transition to modern long-term management regulation practices in order to increase companies’ efficiency, which in the framework of the regulation defines the future of the company's profits. Russian regulator should take more active steps to encourage regulated companies to increase efficiency and productivity. Solution is to move to using benchmarking, which allows to identify sources of companies’ inefficiency to assess the validity of the established tariffs. This study presents the first attempt to implement benchmarking methods used by the world's leading regulators to determine the cost efficiency of companies and improve their potential. The authors tested a parametric (COLS) and non-parametric (DEA) methods to assess the performance of companies with different technical and economic characteristics more accurately. The study makes a number of recommendations for the specification of the model, assessing its sensitivity to the changes in samples. The authors concluded that the model based on COLS is of high quality and resistance to changing of sample while assessing the technical efficiency. However, a similar statement for DEA models is unfair, since the inclusion in the analysis of either too large or too small companies does not lead to plausible results. On the other hand, DEA allowed to assess not only the technical efficiency of companies but also the allocative one. In general, the authors have shown that the potential for increasing the efficiency of Russian water supply companies is large enough, and the regulator is necessary to accelerate the transition to incentive regulation in order to increase efficiency in the sector.
Оценка эффективности российских компаний водоснабжения с применением детерминированного параметрического бенчмаркинга
, , , Водное хозяйство России 2015
Deterioration of Russian economic situation affects the economic position of water utilities in Russia. The task to sustain safe and reliable operation and development of the utilities put in focus their efficiency. In order to improve the efficiency of water utilities their management and regulators often adopt performance benchmarking. This paper investigates the possibility to implement ...
Added: December 3, 2015
, Логистика и управление цепями поставок 2014 № 6 С. 7-20
In the article it is studied the terminology and clarified the concept of «Best Practice» which means the best business practices in logistics and SCM. It is defined constraints and specific factors of best practices analysis and implementation. Best practices in the field of logistics and SCM in such companies as “Prologis” and “Gartner Research” ...
Added: February 20, 2015
, , Foresight and STI Governance 2021 Vol. 15 No. 1 P. 31-38
The motives behind merger and acquisitions (M&A) are often linked with the opportunities to obtain knowledge and technologies in order to enhance the competitive advantages of companies. In particular, the acquisition of digital technologies through mergers and acquisitions with ICT companies is especially relevant. However, the efficiency of such deals is often low and calls ...
Added: October 22, 2020
, , Логистика и управление цепями поставок 2018 № 4(87) С. 19-26
Among logistic management issues nowadays the most urgent one is the problem of method choice for assessing supply chain efficiency performance indexes. Mostly, that could be explained by fragmented nature of conducted research works among Russian and foreign experts. Herewith the lapse of any united analytical and methodological basis for conducting calculations complicates the efficiency ...
Added: October 25, 2018
, , Логистика и управление цепями поставок 2018 № 3 (86) С. 55-65
Transport efficiency assessment today is an important issue of modern logistics management. According to the summarizing of different literature sources, transportation occupies the biggest part of total logistics costs. The challenge of designing efficiency transportation indices deserves special attention. Hereby some questions still need consideration, such as what an assessment system should look like? What ...
Added: November 14, 2018
, , Electronic Journal of Applied Statistical Analysis 2017 Vol. 10 No. 3 P. 773-789
Authors propose a methodology for quantitative analyses of football clubs' eciency, including following steps: (1) theoretical analyses of production process in football; (2) its empirical evidence based on structural equation modelling (PLS-SEM); (3) calculating the eciency in football using Data Envelopment Analysis (DEA). The article considers 4 seasons of Russian Football Premier League (2012/2013 2015/2016). ...
Added: December 11, 2017
Повышение эффективности корпоративного управления на железнодорожном транспорте Республики Узбекистан
, , Транспорт Российской Федерации 2018 № 6 (79) С. 23-25
The necessity of increasing the efficiency of corporate governance in the railway transport of the Republic of Uzbekistan is substantiated and disclosed. An assessment of the main results of the railway company activity is given. Based on the analysis of the performance indicators of the railway company, the main directions for improving corporate governance were ...
Added: January 21, 2019
Формирование инновационных фармацевтических кластеров в Российской Федерации: проблемы и пути решения
, Национальные интересы: приоритеты и безопасность 2011 № 13(106) С. 29-35
В предлагаемой статье проанализирована сущность кластерной формы интеграции и показана специфика ее применения в фармацевтической промышленности. Предложен комплекс мероприятий по развитию инновационных фармацевтических кластеров в России. Предложена методика оценки эффективности кластерной формы интеграции. ...
Added: December 2, 2012
Do merger policies increase universities’ efficiency? Evidence from a fuzzy regression discontinuity design
, , , Applied Economics 2021 Vol. 53 No. 2 P. 185-204
This paper focuses on the effect of merger policies in Russia on universities’ efficiency. We consider one particular policy of non-voluntary mergers conducted by the Ministry of education based on universities’ performance indicators. In a first stage, efficiency scores of universities are estimated using a bootstrapped DEA non-parametric technique. The efficiency scores were evaluated for ...
Added: September 7, 2020
, , Экономика, труд, управление в сельском хозяйстве 2018 № 11 (44) С. 79-85
The present paper contains an evaluation of efficiency of the PAO “Group “Cherkizovo””. The importance of this problem can be explained by the fact that the analysis of efficiency of food companies is extremely important in the situation of food embargo. In addition, PAO “Cherkizovo” is one of the leading companies of the Russian agriculture ...
Added: February 5, 2019
Models of Data Envelopment Analysis and Stochastic Frontier Analysis in the Efficiency Assessment of Universities
, , , Automation and Remote Control 2017 Vol. 78 No. 5 P. 902-923
This paper systematizes the empirical results on efficiency concepts applied to higher education institutions, data envelopment analysis (DEA) adjusted to heterogeneous samples, inputs and outputs chosen for these institutions and factors tended to make universities efficient. Special attention is paid to the consistency of results yielded by different models. ...
Added: October 5, 2017
, Экономический анализ: теория и практика 2012 № 31 С. 13-19
Автор раскрывает основные подходы к анализу эффективности социального инвестирования, анализирует зависимость между социальным инвестированием и финансовой деятельностью. Методы измерения социальных инвестиций, способы анализа эффективности социального инвестирования, подходы к изучению связи между социальными и финансовыми показателями — предметы постоянных дискуссий между учеными. ...
Added: November 26, 2012
, , , Towards FET Concept: Pathway to Evaluation of Foresight Effectiveness, Efficiency and Validity / Высшая школа экономики. Series WP BRP "Science, Technology and Innovation". 2014. No. 31/STI/2014.
The increasing diversity and interdisciplinary nature of science and technology in a globalised world are exerting mounting pressure on national research and innovation locations to develop clear profiles. Among many instruments to meet this challenge is the systematic analysis and continual monitoring of scientific, societal and technological trends – often done using Foresight. Foresight is ...
Added: October 22, 2014
ПРОБЛЕМЫ И ПЕРСПЕКТИВЫ РАЗВИТИЯ ЛЬНОВОДСТВА В РЕГИОНЕ В УСЛОВИЯХ ЭКОНОМИЧЕСКИХ САНКЦИЙ (НА ПРИМЕРЕ ТВЕРСКОЙ ОБЛАСТИ)
, , , Известия высших учебных заведений. Технология текстильной промышленности 2016 № 5(365) С. 101-105
The article outlines the main problems of development of flax growing. The basic ways to address the identified shortcomings in the context of the sanctions influence. Indicated the significance of the innovative directions of development of the industry of flax cultivation for the Tver region. ...
Added: December 28, 2018
, Горный информационно-аналитический бюллетень (научно-технический журнал) 2013 № 10 С. 297-301
The article has information about the particularities of the management of efficiency of manufacture of the mining mechanical engineering. There is example about activity one of the most important factories. Author offers many supplies for development of the process of the management at the factory. Key words: the mining mechanical engineering, management, factory, efficiency, commercial raid. ...
Added: June 30, 2017
, , , Экономика и предпринимательство 2013 Т. 3 № 12 С. 494-503
In article features of management by the organizations in the IT technologies are considered. During research expediency of transition from the traditional principles of management by the organizations to the principles of management of the virtual organizations was studied, the reasons of use of virtual teams, influence of virtual approach on motivation and labor productivity, ...
Added: December 17, 2013
, , АПК: Экономика, управление 2018 № 12 С. 80-87
The present paper contains a valuation of the PAO “Group “Cherkizovo”. The importance of this problem can be explained by the following reasons: analysis of efficiency of food companies is extremely important in the situation of food embargo, and the market value is an integral indicator of efficiency. In addition, PAO “Group “Cherkizovo” is one ...
Added: January 13, 2019
, Российское предпринимательство 2011 № 8-1 С. 94-100
The article considers and summarizes the existing approaches to measuring efficiency of marketing and proves the need for their combined use by Russian companies in the post-crisis conditions. ...
Added: November 30, 2012
, , et al., Performance-Based Typology Of Universities: Evidence From Russia / Высшая школа экономики. Series WP BRP "Science, Technology and Innovation". 2015. No. WP BRP 33/STI/2015.
In recent decades, increased economic pressure and growing societal expectations have led to the introduction of performance-based funding models of public research, namely universities. In this respect, universities have started to use various strategies to adapt and develop their activities under the new framework. National governments are currently attempting to design and apply various taxonomies ...
Added: January 21, 2015
, , Логистика и управление цепями поставок 2015 № 5 С. 52-68
The article debates the benchmarking as one of the effective tools for strategic planning and controlling in logistics. The essence of benchmarking and the characteristic of the main stages of its implementation receive the detailed definition in the work. The authors assess the prospects and limitations of the certain types of the benchmarking utilization for ...
Added: November 18, 2015
, , et al., , in: Proceedings of the 4th International Conference on Applied Operational Research. Issue 4.: Bangkok: Tadbir Operational Research Group, 2012.. P. 244-253.
We estimate efficiency scores for Russian universities based on data set of input and output criteria by using Data Envelopment Analysis. In addition, we use a reputation index as another indicator of a university’s productivity. To construct it, 4000 contexts are analyzed and 13 reputation criteria are found. The threshold procedure is used to aggregate ...
Added: October 24, 2012
, , et al., Annals of Operations Research 2021
Data envelopment analysis (DEA) is one of the widely used methods to measure the efﬁciency scores of decision making units (DMUs). Conventional DEA is unable to consider both uncertainty in data and decision makers’ (DMs) judgments in the evaluations. This study, to address the shortcomings of the conventional DEA, proposes a new best worst method ...
Added: November 10, 2021
, , Университетское управление: практика и анализ 2018 Т. 22 № 5 С. 75-87
The Russian Higher education is a turbulent environment. We can find the main challenges facing modern higher education, such as reducing government funding, integrating Russian universities into the international system of higher education, and changing the structure of competition for teachers and students in the global market. These modern trends are complemented by such factors ...
Added: December 27, 2018
КЛАСТЕРИЗАЦИЯ КОМПАНИЙ ФЭШН РИТЕЙЛА ПО ТИПУ СТРАТЕГИЧЕСКОГО ПОВЕДЕНИЯ НА ОСНОВЕ ПУБЛИЧНОЙ ИНФОРМАЦИИ
, , Вестник Тверского государственного университета. Серия: Экономика и управление 2015 № 4 С. 205-218
DEA-analysis is performed based on publicly available data on 94 world largest fashion retailers. Standard clusterization of coefficients obtained from DEA-analysis gives clusters that are analyzed with respect to homogeneity and fit to the types of strategic behavior outlined in strategic management. ...
Added: December 2, 2015