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Unobserved heterogeneous effects in the cost efficiency analysis of electricity distribution systems
Agrell, Per J.; Farsi, Mehdi; Filippini, Massimo; … - CER-ETH Center of Economic Research, Department of … - 2013
The purpose of this study is to analyze the cost efficiency of electricity distribution systems in order to enable … regulatory authorities to establish price- or revenue cap regulation regimes. The increasing use of efficiency analysis in the … last decades has raised serious concerns among regulators and companies regarding the reliability of efficiency estimates …
Persistent link: https://www.econbiz.de/10010603934
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Unobserved heterogeneous effects in the cost efficiency analysis of electricity distribution systems
AGRELL, Per; FARSI, Mehdi; FILIPPINI, Massimo; KOLLER, … - Center for Operations Research and Econometrics (CORE), … - 2013
The purpose of this study is to analyze the cost efficiency of electricity distribution systems in order to enable … regulatory authorities to establish price- or revenue cap regulation regimes. The increasing use of efficiency analysis in the … last decades has raised serious concerns among regulators and companies regarding the reliability of efficiency estimates …
Persistent link: https://www.econbiz.de/10010662662
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Unobserved heterogeneous effects in the cost efficiency analysis of electricity distribution systems
Agrell, Per J.; Farsi, Mehdi; Filippini, Massimo; … - Swiss Economics - 2013
The purpose of this study is to analyze the cost efficiency of electricity distribution systems in order to enable … regulatory authorities to establish price- or revenue cap regulation regimes. The increasing use of efficiency analysis in the … last decades has raised serious concerns among regulators and companies regarding the reliability of efficiency estimates …
Persistent link: https://www.econbiz.de/10010626182
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Econometric analysis of productivity with measurement error: Empirical application to the US Railroad industry
Coublucq, Daniel - Düsseldorf Institute for Competition Economics (DICE), … - 2013
This paper analyzes the productivity in the US rail industry for the period 1980 - 2006. I propose a value-added production framework to circumvent the problem of measurement error in one input. I find evidence showing that aggregate productivity gains can be attributed to returns to scale and...
Persistent link: https://www.econbiz.de/10010956707
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Creating a National Champion: International Competition and Unbundling in Rail Transportation
Juranek, Steffen - Institutt for foretaksøkonomi, Norges Handelshøyskole … - 2015
This article investigates the incentives to unbundle operations and infrastructure in the railway industry in a two-country model with international network effects from the viewpoint of national governments. The analysis shows that the decision to unbundle institutionally or organizationally...
Persistent link: https://www.econbiz.de/10011252627
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Product Market Regulation in the Non-Manufacturing Sectors of OECD Countries: Measurement and Highlights
Conway, Paul; Nicoletti, Giuseppe - Economics Department, Organisation de Coopération et … - 2006
Product market regulation in the non-manufacturing sectors of OECD countries: measurement and highlights This paper describes a new set of indicators that measure differences in the regulation of non-manufacturing sectors of OECD countries over the past three decades. The indicators focus on...
Persistent link: https://www.econbiz.de/10005045791
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X-factor estimation and controversies: the case of Lima´s airport
Defilippi Angeldonis, Enzo - Departamento Académico de Economía, Universidad del … - 2013
In theory, X-factor regulation provides better incentives for cost reduction than previously widely-used rate …
Persistent link: https://www.econbiz.de/10010744452
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Un modello per la determinazione del costo standard nei servizi di trasporto pubblico locale su autobus in Italia°
Avenali, Alessandro; Boitani, Andrea; Catalano, Giuseppe; … - In: ECONOMIA E POLITICA INDUSTRIALE 2014/4 (2014) 4, pp. 181-213
We estimate the standard costs in the Italian local bus transport system by means of a top down approach. Commercial speed results the most important cost driver, while economies of scale are low and only present in the case of small transport operators. Medium sized and large operators exhibit...
Persistent link: https://www.econbiz.de/10011107137
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Beyond the “bundling vs unbundling” controversy: What is at stake for the French railway?
Emmanuel, Bougna Tchofo; Crozet, Yves - In: Research in Transportation Economics 48 (2014) C, pp. 393-400
This paper uses qualitative and comparative analysis to reveal two important findings. First, in France, if the aim of reform announced by the Minister is to re-build the SNCF's monopoly, our fear is that, instead of stimulating French railways, this will cause a downward slide in the sector by...
Persistent link: https://www.econbiz.de/10011115842
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Highway to Success: The Impact of the Golden Quadrilateral Project for the Location and Performance of Indian Manufacturing
Ghani, Ejaz; Kerr, William; Goswami, Grover - Harvard Business School, Harvard University - 2012
We investigate the impact of the Golden Quadrilateral (GQ) highway project on the Indian organized manufacturing sector using enterprise data. The GQ project upgraded the quality and width of 5,846 km of roads in India. We use a difference-in-difference estimation strategy to compare non-nodal...
Persistent link: https://www.econbiz.de/10010852329