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Does yardstick regulation really work? Empirical evidence from Japan’s rail industry

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  • Fumitoshi Mizutani
  • Hideo Kozumi
  • Noriaki Matsushima

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  • Fumitoshi Mizutani & Hideo Kozumi & Noriaki Matsushima, 2009. "Does yardstick regulation really work? Empirical evidence from Japan’s rail industry," Journal of Regulatory Economics, Springer, vol. 36(3), pages 308-323, December.
    • Handle: RePEc:kap:regeco:v:36:y:2009:i:3:p:308-323
    DOI: 10.1007/s11149-009-9097-0
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    More about this item

    Keywords

    Yardstick regulation; Incentive regulation; Efficiency; Cost frontier function; L51; L53; L90; K23;
    All these keywords.

    JEL classification:

    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • L53 - Industrial Organization - - Regulation and Industrial Policy - - - Enterprise Policy
    • L90 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - General
    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law

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