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This book is novel in that it reveals significant issues of economics, management and business fields currently observed in network industries such as public utilities and transportation, and provides empirical evidence of their mechanisms and policy implications from various perspectives. This is a holistic collection of literature on public utilities economics and management, since the industries discussed include a wide range such as electricity, water supply, sewerage, transport, and postal service, which compound social infrastructure as public benefit service, and the issues examined contain not only economics topics such as cost, efficiency, and productivity, but also management topics such as governance, strategy and organizational restructuring. The book also investigates general private companies to derive future implications for policy and governance of public utilities, and covers multiple countries such as Japan, the US, and Vietnam. It demonstrates various empirical approaches and methodologies for public utility analysis through 17 chapters by experts in each field, which contributes to further cultivation of empirical studies in public utilities.
List of contents
Introduction.- An Analysis of the Effect of Demand Response on Electricity Consumption: Assessing Households' Heterogeneous Reaction to Dynamic Pricing.- Estimation of Tap Water Demand in Japan: A Panel Data Analysis.- Economies of Scale and Consolidation Effects in the Japanese Sewerage Industry.- Productivity Measurement and Decomposition of Total Factor Productivity in Japan's Postal and Parcel Delivery Industry.- Preferential Slot Allocation for LCCs at a Congested Airport, and Airfare: The Case of Haneda Airport in Tokyo.- The Impact of Airport Concession on Technical Efficiency: Evidence from Major Airports in Japan.
About the author
Fumitoshi Mizutani is a professor at the Graduate School of Business Administration, Kobe University, where he has worked since obtaining a Ph.D. from Harvard University in 1993. Currently he is serving as president of the Japan Society of Public Utility Economics and the Japan Society of Transport Economics. His main research has focused on the economic analysis of regulatory changes in public utility industries. He has also been involved in international research projects such as with the World Bank, and he has published in books and international journals such as Journal of Regulatory Economics, Empirical Economics, and
Review of Network Economics. He has been awarded academic prizes.¿
Takuya Urakami is a professor at the Faculty of Business Administration, Kindai University. His interest is in productivity, efficiency and performance analysis, especially of the water and sewerage industry. He currently serves on council committees forthe Ministry of Health, Labor and Welfare and the Ministry of Land, Infrastructure, Transport and Tourism as well as various municipal governments. He is now a research representative for Kindai University, cooperating with the Centre for Productivity and Performance of Loughborough University, UK. He has published in international journals such as
European Journal of Operational Research, Urban Studies, and
Papers in Regional Science. Eri Nakamura has been an associate professor at the Graduate School of Business Administration, Kobe University, since 2014. After obtaining her Ph.D. from Kobe University in 2011, she worked as a lecturer at Shinshu University until 2013. She was a visiting researcher at Vienna University of Economics and Business from 2016 to 2018. She has been engaged in research on efficiency, organizational management, governance and corporate social responsibility in public utilities as well as general private companies. She has published in international journals such as
Utilities Policy, Journal of Business and Industrial Economics, and
Journal of Management and Governance.
