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Stochastic frontier panel data modelling for regulatory benchmarking: An application to the Turkish electricity distribution sector
BAĞDADİOĞLU, Necmiddin; WEYMAN-JONES, Thomas - In: Iktisat Isletme ve Finans 25 (2010) 297, pp. 97-119
heterogeneity and inefficiency, encapsulating the regulatory dilemma in comparative efficiency analysis for incentive regulation. It … with incentive benchmarking regulation that characterizes the European Union. The results confirm the importance of …
Persistent link: https://www.econbiz.de/10008752895
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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 - Energiewirtschaftliches Institut (EWI), Universität zu … - 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/10010840518
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Inefficiency persistence and heterogeneity in Colombian electricity distribution utilities
Galán, Jorge E.; Pollitt, Michael G. - Faculty of Economics, University of Cambridge - 2014
The electricity reform in Colombia has exhibited gains in terms of reliability but its effects on firms efficiency and service quality have not been clear. Previous studies evaluating the performance of distribution companies after the reform have not found evidence of improvements, although...
Persistent link: https://www.econbiz.de/10010817474
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Inefficiency persistence and heterogeneity in Colombian electricity utilities
Galán, Jorge E.; Pollitt, Michael G. - In: Energy Economics 46 (2014) C, pp. 31-44
The electricity reform in Colombia has exhibited gains in terms of reliability but its effects on firm efficiency and service quality have not been clear. Previous studies evaluating the performance of distribution companies after the reform have not found evidence of improvements, although...
Persistent link: https://www.econbiz.de/10011115884
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Optimal sliding scale regulation: An application to regional electricity distribution in England and Wales
Hawdon, David; Hunt, Lester C; Levine, Paul; Rickman, Neil - Surrey Energy Economics Centre (SEEC), School of Economics - 2005
This paper examines optimal price (i.e. ‘sliding scale’) regulation of a monopoly when productivity and managerial … effort are not observed. We show how to operationalise this model of incentive regulation and use actual data from … electricity distribution in England and Wales to make welfare comparisons of sliding scale regulation with a stylised price cap …
Persistent link: https://www.econbiz.de/10005557912
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Optimal Sliding Scale Regulation: An Application to Regional Electricity Distribution in England and Wales
Hawdon, David; Hunt, Lester; Levine, Paul L; Rickman, Neil - C.E.P.R. Discussion Papers - 2005
This paper examines optimal price (i.e. ‘sliding scale’) regulation of a monopoly when efficiency and managerial effort … are not observed. We show how to operationalize this model of incentive regulation and use actual data from electricity … distribution in England and Wales to make welfare comparisons of sliding scale regulation with a price cap regime and the First …
Persistent link: https://www.econbiz.de/10005792004
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Service deregulation, competition and the performance of French and Italian firms
Daveri, Francesco; Lecat, Rèmy; Parisi, Maria Laura - Dipartimento del Tesoro, Ministero dell'Economia e … - 2013
We use firm-level data for France and Italy to explore the impact of service regulation reform implemented in the two …
Persistent link: https://www.econbiz.de/10010850510
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EFFICIENCY MEASURES FOR SPANISH RETAILING FIRMS IN A REGULATED MARKET
Jorge, Justo de; Suarez, Cristina - In: Journal of Economic Development 32 (2007) 1, pp. 35-47
The objective of this work is to analyze the impact on Spanish retail firms¡¯ efficiency of the regulatory process experienced in the period 1996-2002. The intangible nature of services makes them more difficult to quantify, so we combine work measurements with the methodology of the...
Persistent link: https://www.econbiz.de/10009351258
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Service deregulation, competition and the performance of French and Italian firms
Daveri, F.; Lecat, R.; Parisi, M L. - Banque de France - 2011
We use firm-level data for France and Italy to explore the impact of service regulation reform implemented in the two …
Persistent link: https://www.econbiz.de/10009352243
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Product Market Regulation and Macroeconomic Performance: A Review of Cross Country Evidence
Schiantarelli, Fabio - Institute for the Study of Labor (IZA) - 2005
country data to study the effect of product market regulation and reform on a country’s macroeconomic performance. After a … of product market regulation on mark-ups, firm dynamics, investment, employment, innovation productivity, and output …
Persistent link: https://www.econbiz.de/10005822371