Institute for Transport Studies (ITS)

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Alex Stead

m2i Research Fellow in Efficiency Analysis

Phone: +44 (0)113 34 37696
Room: LG.06
Research Group: Economics and Appraisal

Key Research Interests

  • Econometric modelling of efficiency and productivity
  • Scale and scope economies in infrastructure industries
  • Economic regulation and its impact on performance

Employment History

  • 2016-present, m2i Research Fellow in Efficiency Analysis, Institute for Transport Studies, University of Leeds
  • 2013-2015, Tutor in Economics, Hull University Business School, University of Hull


  • PGCert Research Training, University of Hull, 2015
  • MSc(Econ) (Distinction) Economics and Business, University of Hull, 2012
  • BSc(Econ) (Hons) Economics, University of Hull, 2010

CQC Efficiency Network

This project is a partnership between the University of Leeds and Measure 2 Improve (m2i). The Network provides an Annual Efficiency and Value for Money Assessment, building on the CQC Efficiency Model that was developed m2i and the Institute for Transport Studies (ITS) at the University of Leeds using econometric analysis techniques and Highways Maintenance Efficiency Programme (HMEP) funding. The Network measures efficiency, evaluates the likely impact of changes to practice and process and provides a stimulus to realising cost savings by encouraging the adoption of the efficient practices of others.

Conference Presentations

  • Stead AD; Wheat PE; Greene WH (2016) Estimating Efficiency in the Presence of Extreme Outliers: t­-Truncated Normal and t­-Exponential Stochastic Frontiers, North American Productivity Workshop IX .
  • Stead AD; Wheat PE (2016) A Mixture Distribution Stochastic Frontier Model, 6th Network of Industrial Economists Doctoral Student Colloquium .
  • Stead AD (2015) Regulation and the efficiency of UK water and sewage companies, 5th Network of Industrial Economists Doctoral Student Colloquium .

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