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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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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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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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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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Market power and heterogeneous pass-through in German electricity retail
Duso, Tomaso; Szücs, Florian - 2016
We analyze the pass-through of cost changes to retail tariffs in the German electricity market over the 2007 to 2014 period. We find an average pass-through rate of around 60%, which significantly varies with demand factors: while the pass-through rate to baseline tariffs, where firms have...
Persistent link: https://www.econbiz.de/10011553026
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Market Power and Heterogeneous Pass-Through in German Electricity Retail
Duso, Tomaso - 2016
We analyze the pass-through of cost changes to retail tariffs in the German electricity market over the 2007 to 2014 period. We find an average pass-through rate of around 60%, which significantly varies with demand factors: while the pass-through rate to baseline tariffs, where firms have...
Persistent link: https://www.econbiz.de/10012979689
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Is privatization working in Ukraine? : new estimates from comprehensive manufacturing firm data, 1989 - 2013
Brown, J. David; Earle, John S.; Shpak, Solomiya; … - 2015
This paper estimates the relative multi-factor productivity (MFP) of privatized and state-owned enterprises using a …
Persistent link: https://www.econbiz.de/10011309155
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Semi-parametric measures of scale characteristics of German natural gas-fired electricity generation
Seifert, Stefan - 2016
Scale characteristics are key properties of production functions that determine optimal firm sizes, and have considerable policy implications for sectors undergoing restructuring. However, estimates of scale characteristics typically vary with the assumptions of the underlying empirical model....
Persistent link: https://www.econbiz.de/10011453711
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Unobserved technological heterogeneity among German electricity distribution network operators - a latent class analysis
Just, Lisa - 2021
Accounting for network operators' heterogeneity is of crucial importance for regulators. In contrast to observed heterogeneity, the consideration of unobserved differences is far more challenging. Most estimation models try to account for unobserved factors that impact the network operators'...
Persistent link: https://www.econbiz.de/10012628860
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Estimation of Firm-Level Productivity Changes in the Indian Power Sector : Disentangling Unobserved Heterogeneity by a Transformed Fixed-Effect Stochastic Frontier Model
Sugathan, Anish - 2013
We measure firm-level productivity changes in the Indian electricity sector during a period that witnessed several pro … decomposition of productivity into components of changes in technology, efficiency, scale and price effect. During this period …, especially post Electricity Act 2003, we observed a general decline in firm-level productivity at the mean rate of -1.6% per year …
Persistent link: https://www.econbiz.de/10013087453