Although Switzerland is not a EU-member country, in December 1999 the Swiss Parliament adopted the new Swiss Electricity Market Law (EML). The EML laid the foundations for reforming the Swiss electricity industry by moving from regulation to deregulation. The Swiss population will vote on this...

The electricity generation in Switzerland is mainly based on hydropower accounting for 58 percent of the total production. The exploitation of water in the hydropower sector can generate significant economic rents. These rents –the so-called resource rents - are defined by the surplus return...

The paper considers the estimation of a translog cost function employing panel data for a sample of 43 Swiss hydropower companies, over the period of 1995-2002. The results of this analysis indicate the existence of economies of scale and density for most output levels. The basic novelty in this...

The study considers the estimation of a translog cost function employing panel data for a sample of 43 Swiss hydropower companies, over the period of 1995 to 2002. The results of this analysis indicate the existence of economies of scale and density for most output levels. The basic novelty in...