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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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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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Institutional shareholding, common ownership and productivity : A cross-country analysis
Bas, Maria - 2023
consequences of these transformations on firm's productivity, using granular data on firms financial and ownership structure as … major concern from a productivity standpoint: firms displaying higher institutional ownership tend to have higher … productivity levels and growth rates compared to their peers, though the positive relationship tends to vanish when institutional …
Persistent link: https://www.econbiz.de/10014435855
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Productivity premia and firm heterogeneity in Eastern Africa
Demena, Binyam Afewerk; Msami, Jamal B.; Mmari, Donald … - In: Trade and Investment in East Africa : Prospects, …, (pp. 131-161). 2022
Persistent link: https://www.econbiz.de/10013449280
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Der Einfluss öffentlichen Eigentums auf die Preissetzung in deutschen Haushaltsstrommärkten
Nikogosian, Vigen; Veith, Tobias - 2010
In der aktuellen Debatte zur Rekommunalisierung von Stromanbietern wird häufig das Argument der sicheren Versorgung zu niedrigen Preisen von Vertretern öffentlicher Eigentümer angeführt. Während die sichere Belieferung mit Strom im Rahmen der Grundversorgung gesetzlich vorgeschrieben ist,...
Persistent link: https://www.econbiz.de/10008702243
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Ownership vs. Regulation in Electricity Reform : The Role of Governance
Meade, Richard - 2006
Electricity reform typically involves little regard to the possibility that customer ownership might substitute for the "protections" of state ownership, or for investor ownership under regulatory safeguards, where market power is a concern. Recognising that regulation is itself costly, and that...
Persistent link: https://www.econbiz.de/10014062279