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observations. Merger gains are decomposed into a technical efficiency effect, a harmony effect and a scale effect. The greatest … efficiency improvement potentials turn out to result from reducing individual inefficiencies while pure merger gains are found to …
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that operate partially on a joint tram network. Merger gains are then decomposed into individual technical efficiency … gains up to 16 percent of factor inputs are present, mainly resulting from synergy effects. -- Merger ; public transport …
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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 growth for a sector characterized by multiple...
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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....
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In this paper, we analyze the technical efficiency of CO2 reduction potentials of German power and heat plants, using a non-parametric sequential Data Envelopment Analysis. We apply a metafrontier framework to evaluate plant-level efficiencies in the transformation of inputs into desirable...
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