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Performance benchmarking using composite indicators to support regulation of the Portuguese wastewater sector

Title
Performance benchmarking using composite indicators to support regulation of the Portuguese wastewater sector
Type
Article in International Scientific Journal
Year
2020
Authors
Alda A. Henriques
(Author)
Other
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Pedro Amorim
(Author)
FEUP
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Jaime G. Silva
(Author)
Other
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Journal
Title: Utilities PolicyImported from Authenticus Search for Journal Publications
Vol. 66
Pages: 1-18
ISSN: 0957-1787
Publisher: Elsevier
Other information
Authenticus ID: P-00S-K06
Abstract (EN): This paper develops a benchmarking framework to support performance-based sunshine regulation in the water sector. It uses benefit-of-the-doubt composite indicators formulated with a directional distance function. Weight restrictions are incorporated in the model to account for different perspectives in the performance assessment. The framework is tested using data of the Portuguese regulation authority concerning the activity of wastewater operators. The information obtained using this framework reflects overall performance at the firm level and complements traditional evaluations of regulatory authorities based on the analysis of individual indicators. The results can be used to disseminate best practices, motivate continuous improvement, and foster enhancements in the governance of regulated utilities.
Language: English
Type (Professor's evaluation): Scientific
No. of pages: 18
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