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Productivity in electricity retail after market liberalisation : analysing the effects of ownership and firm's governance structure
Stiel, Caroline; Cullmann, Astrid; Nieswand, Maria - 2015
This paper, which is one of the first to estimate productivity in retail electricity for a European country after … services as the main inputs. A structural model is used with a proxy function for productivity to overcome the endogeneity of … input choice. Ownership is controlled for in the law of motion for productivity. The results of the dataset used to validate …
Persistent link: https://www.econbiz.de/10011392296
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Ownership, Institutions and Productivity of European Electricity Firms
Florio, Massimo - 2016
versus private ownership and the quality of institutions as determinants of productivity. While earlier literature has … lower productivity than under private ownership, here we focus on the role of institutions as an external governance … than their private counterparts (a result robust to different productivity measures), but we also discover two new facts …
Persistent link: https://www.econbiz.de/10013000278
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Productivity in Electricity Retail after Market Liberalisation : Analysing the Effects of Ownership and Firm's Governance Structure
Stiel, Caroline - 2015
This paper, which is one of the first to estimate productivity in retail electricity for a European country after … services as the main inputs. A structural model is used with a proxy function for productivity to overcome the endogeneity of … input choice. Ownership is controlled for in the law of motion for productivity. The results of the dataset used to validate …
Persistent link: https://www.econbiz.de/10013010961
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Productive efficiency and ownership when market restructuring affects production technologies
Cullmann, Astrid; Nieswand, Maria; Rechlitz, Julia - 2017
While the link between the ownership and productive efficiency of firms has been discussed extensively, no consensus exists regarding the superiority of one or the other in non-competitive, regulated environments. This paper applies a flexible production model to test for efficiency differences...
Persistent link: https://www.econbiz.de/10011595498
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Measuring Demand Responses to Wholesale Electricity Prices Using Market Power Indices
Genc, Talat - 2016
We investigate wholesale demand response to hourly price movements in the Ontario wholesale electricity market using detailed generator and market level data. We calculate hourly market power measures such as the Lerner Index and the Residual Supplier Index, which are utilized in a Cournot...
Persistent link: https://www.econbiz.de/10012995788
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The impact of ownership unbundling on cost efficiency : empirical evidence from the New Zealand electricity distribution sector
Filippini, Massimo; Wetzel, Heike - 2013
Several countries around the world have introduced reforms to the electric power sector. One important element of these reforms is the introduction of an unbundling process, i.e., the separation of the competitive activities of supply and production from the monopole activity of transmission and...
Persistent link: https://www.econbiz.de/10009743731
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Joint foreign ownership and global value chains effects on productivity : a comparison of firms from Poland and Germany
Szymczak, Sabina; Parteka, Aleksandra; … - 2022 - This version: May 2022
productivity performance of firms from a catching-up country (Poland) and a leader economy (Germany). Domestic owned firms are less …, the foreign ownership productivity premium decreases, leading to productivity catching up between foreign and domestic … firms' productivity performance is more stable along the GVC distribution. …
Persistent link: https://www.econbiz.de/10013257645
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Measuring productivity when technologies are heterogeneous : a semi-parametric approach for electricity generation
Seifert, Stefan - 2015
While productivity growth in electricity generation is associated with multiple positive effects from an economic and … environmental perspective, measuring it is challenging. This paper proposes a framework to estimate and decompose productivity … estimation based on stochastic non-smooth envelopment of data (StoNED) allows for productivity estimation with few microeconomic …
Persistent link: https://www.econbiz.de/10011392214
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Estimation of productivity in Korean electric power plants : a semiparametric smooth coefficient model
Heshmati, Almas; Kumbhakar, Subal; Sun, Kai - 2013
This paper analyzes the impact of load factor, facility and generator types on the productivity of Korean electric …
Persistent link: https://www.econbiz.de/10009721346
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Estimation of Productivity in Korean Electric Power Plants : A Semiparametric Smooth Coefficient Model
Heshmati, Almas - 2013
This paper analyzes the impact of load factor, facility and generator types on the productivity of Korean electric …
Persistent link: https://www.econbiz.de/10013084669