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.
Author(s): Fumitoshi Mizutani, Takuya Urakami, Eri Nakamura
Series: Kobe University Monograph Series in Social Science Research
Publisher: Springer
Year: 2023
Language: English
Pages: 357
City: Singapore
Contents
Editors and Contributors
List of Figures
List of Tables
1 Introduction
1.1 The Aim of This Book
1.2 Characteristics of Public Utility Industries
1.2.1 Huge Amount of Infrastructure
1.2.2 Essential Service
1.2.3 Difficulty of Storage and Existence of Peaks
1.2.4 Balance of Publicness and Marketability
1.2.5 Externalities
1.2.6 Public Regulation and Governance
1.3 Structure of This Book
References
Part I Public Utilities and Infrastructure
2 An Analysis of the Effect of Demand Response on Electricity Consumption: Assessing Households’ Heterogeneous Reaction to Dynamic Pricing
2.1 Introduction
2.2 Literature Review
2.3 Experimental Design and Data Description
2.4 Empirical Models
2.5 Estimation Results and Discussion
2.5.1 Estimation Results
2.5.2 Discussion
2.6 Conclusions
References
3 Estimation of Tap Water Demand in Japan: A Panel Data Analysis
3.1 Introduction
3.2 Model Specification
3.3 Data and Variables
3.3.1 Dependent Variable
3.3.2 Explanatory Variables
3.4 Results and Discussion
3.5 Conclusions
References
4 Economies of Scale and Consolidation Effects in the Japanese Sewerage Industry
4.1 Introduction
4.2 Previous Studies
4.2.1 Economies of Scale
4.2.2 The Effects of Mergers
4.3 Empirical Model and Data
4.3.1 Empirical Model
4.3.2 Data and Definition of Variables
4.4 Empirical Results
4.4.1 Estimation Results
4.4.2 Technical Efficiency
4.5 Productivity Growth
4.6 Concluding Remarks
References
5 Productivity Measurement and Decomposition of Total Factor Productivity in Japan’s Postal and Parcel Delivery Industry
5.1 Introduction
5.2 An Overview of Japan’s Postal Industry
5.2.1 The Current State of the Post Office
5.2.2 Competition in the Postal and Delivery Market
5.2.3 Postal Reform in Japan
5.3 Analytical Framework
5.3.1 Previous Studies
5.3.2 Definition of TFP
5.3.3 Decomposition of TFP Growth
5.3.4 Cost Model
5.4 Empirical Analysis
5.4.1 Sample Selection
5.4.2 Definition of Variables
5.4.3 Estimation Results of Total Cost Function
5.4.4 Results of the Factor Decomposition of TFP Growth
5.5 Conclusions
References
6 Preferential Slot Allocation for LCCs at a Congested Airport, and Airfare: The Case of Haneda Airport in Tokyo
6.1 Introduction
6.2 Literature Review
6.3 Recent Domestic Air Transport Market in Japan
6.3.1 Entry of New Airlines
6.3.2 Preferential Slot Allocation for LCCs at Haneda Airport
6.3.3 Bankruptcies of the First Generation LCCs and Aid from ANA
6.4 Effects of Slot Allocation for LCCs at Haneda on Airfare
6.4.1 Model and Data
6.4.2 Estimation Results
6.5 Summary and Discussion
References
7 The Impact of Airport Concession on Technical Efficiency: Evidence from Major Airports in Japan
7.1 Introduction
7.2 Literature Review
7.3 Airport System in Japan
7.3.1 Japanese Airport System
7.3.2 Airport Concession in Japan
7.4 Methodology
7.5 Data and Empirical Model
7.5.1 Sample Airports and Variables
7.5.2 Empirical Model
7.6 Empirical Results
7.7 Conclusion
References
Part II Transportation
8 Travel-Based Multitasking in Japan Between 2001 and 2016: Descriptive Analysis
8.1 Introduction
8.2 Data
8.3 Results
8.4 Conclusions
References
9 Understanding the Relationship Between Daily Travel and Long-Term Subjective Well-Being
9.1 Introduction
9.2 Subjective Well-Being
9.2.1 Conceptual Definition of Well-Being
9.2.2 Summary of Determinants and Findings of SWB
9.3 Daily Travel and Long-Term Subjective Well-Being
9.3.1 Three Types of Studies
9.3.2 Conceptual Framework
9.3.3 Empirical Studies Covering Long-Term SWB in Daily Travel
9.3.4 Summary
9.4 Conclusions
References
10 The Relationship Between Bicycle Accidents and Urban Structure in Cities in Japan
10.1 Introduction
10.2 Previous Literatures
10.3 Overview of Bicycle Accidents in Japan
10.4 Empirical Analysis of Bicycle Accidents
10.4.1 Sample Selection of Cities
10.4.2 Regression Analysis of Bicycle Accidents
10.5 Conclusion
References
11 Brand Strategy in Airline Mergers: Simulation Examples with Delta and Northwest
11.1 Introduction
11.2 Airline Merger
11.3 Models
11.3.1 Supply and Merger
11.3.2 Demand
11.4 Data
11.5 Demand Estimation
11.5.1 Identification and Instruments
11.5.2 Estimation Results
11.6 Simulation Experiments
11.6.1 Scenarios
11.6.2 Simulation Results
11.6.3 Discussion
11.7 Conclusion
Appendix 1
Appendix 2
References
12 The Impact of Cooperation on the Multimarket Contact Effect in the U.S. Airline Industry
12.1 Introduction
12.2 Previous Research
12.3 Data and Econometrics Model
12.4 Results
12.5 Concluding Remarks
References
Part III Governance and Policy
13 The Japanese Sewerage Industry: Institutional Aspects and the Governance Systems
13.1 Introduction
13.2 Brief History of the Japanese Sewerage Industry
13.3 Industry Structure and the Legal System
13.4 Local Public Enterprise Act
13.5 Director General
13.6 Financial and Accounting System
13.7 Local Council
13.8 Tariff Setting
13.9 Conclusions
References
14 Evaluating the Institutional Reforms and Private Participation in Japanese Container Ports—Evidence from Multi-stage DEA Analysis
14.1 Introduction
14.2 The Port Sector in Japan and Governmental Port Policy
14.3 Related Literature
14.4 Methodology—Multi-stage DEA
14.4.1 Methodologies of Efficiency in the Port Sector
14.4.2 Four Stage DEA
14.5 Data and Variables
14.5.1 Data
14.5.2 Variables: Input and Output
14.5.3 Variables: Non-discretionary Factor
14.6 Empirical Results
14.7 Conclusion
References
15 Industrial Structure Change and Corporate Strategy: The Case of the Japanese Apparel Industry
15.1 Introduction
15.2 Structure of the Japanese Apparel Industry
15.3 Corporate Strategy in the Japanese Apparel Market
15.4 Government Measures to Support the Textile and Apparel Industry
15.5 Conclusion
References
16 Effects of Sustainable Development Goals Engagement on Profit in Public Utilities: Comparison with General Private Companies
16.1 Introduction
16.2 Literature Review
16.3 Methodology
16.4 Data and Variables
16.5 Results
16.5.1 Engagement in SDGs by Industry
16.5.2 Estimation Results of Profit Function
16.6 Conclusions
References
17 The Relationship Among Corporate Social Responsibility, Network Cooperation, Green Innovation, Environmental Performance and Firm Performance: Evidences in Viet Nam
17.1 Introduction
17.2 Theoretical Background
17.2.1 Firm Performance
17.2.2 Environmental Performance
17.2.3 Corporate Social Responsibility (CSR)
17.2.4 Network Cooperation
17.2.5 Green Innovation
17.3 Hypotheses Development
17.3.1 The Relationship Between Corporate Social Responsibility and Network Cooperation
17.3.2 Relationship Between Corporate Social Responsibility and Green Innovation
17.3.3 Relationship Between Corporate Social Responsibility and Environmental Performance
17.3.4 Relationship Between Corporate Social Responsibility and Firm Performance
17.3.5 Relationship Between Network Cooperation and Green Innovation
17.3.6 Relationship Between Network Cooperation and Firm Performance
17.3.7 Relationship Between Green Innovation and Firm Performance
17.3.8 Relationship Between Green Innovation and Environmental Performance
17.4 Research Methodology and Data Analysis
17.4.1 Survey and Data Collection
17.4.2 Measurement
17.4.3 Data Analysis
17.5 Results
17.5.1 Validate the External Model
17.5.2 Outer Model Analysis
17.6 Conclusions
17.7 Limitations and Further Research
References
