An Empirical Study on the Determinants of Regulation and the Relationship between Regulation and Performance

这项研究的主要目的是整理有关公用事业行业监管政策和监管改革的信息，调查监管的决定因素，并确定监管程度如何影响日本公司的业绩。这些分析的主要结果如下：(1)不同公用事业的管制和管制改革的结果不同；(2)在对公用事业和制造企业的分析中，管制因素不影响成本结构；(3)关于公用事业行业管制的决定因素，结果表明，约25%的因素与“公共利益”有关，约75%的因素与“私人利益”有关。

The main purpose of this study is to organize information about the regulatory policy and regulatory reforms of public utility industries, to investigate the determinants of regulation, and to determine how the degree of regulation affects the performance of firms in Japan. The main findings from these analyses are as follows: (1) regulations and regulatory reforms vary among public utilities and the results achieved by reform differ, (2) regulation factors do not affect the cost structures in the analysis of public utility and manufacturing firms, and (3) as for the determinants of regulations in public utility industries, the results show that about 25% are factors related to "public interest" and about 75% are factors related to "private interest."