incentive regulation and efficiency benchmarking in electricity distribution industries and provides valuable insights for … German distribution network operators from 2011 to 2017 to estimate both the transient and persistent cost efficiency of …

-efficient production level for an incentive regulation of distribution system operators (DSOs). With nearly 900 DSOs operating in the … German electricity sector, of which 200 subject to incentive regulation, the issue of heterogeneity of DSOs has to be … efficiency scores derived from stochastic frontier analysis. To correct for this heterogeneity in coefficients, I propose a …

This paper examines the relationship between financial market regulation, country governance and efficiency of …, we employ a non-parametric approach — Data Envelopment Analysis (DEA) — to estimate the banks' cost and profit efficiency … efficiency. The results suggest that commercial banks in East Asia are relatively profit efficient rather than cost efficient …

used to determine future prices when subject to a lower-powered regulation mechanism. The difference is particularly … significant (about 10% of total cost) for firms in the upper quartile of the efficiency distribution, a pattern which is …

efficiency change and technical change. The data we use is from Sweden and for their pulp and paper industry, which is heavily … literature on the Porter Hypothesis, which posits a positive relationship between environmental regulation and "green" TFP growth … and enforcement. Our key findings are: (1) prudential regulation limits expansion of plants with high initial pollution …

subject to a lower-powered regulation mechanism. The difference is particularly significant (about 7%) for firms in the upper … quartile of the efficiency distribution, a pattern which is consistent with the pooling of types under the threat of ratcheting. …

The objective of this work is to analyze the impact on Spanish retail firms¡¯ efficiency of the regulatory process … the firms¡¯ efficiency but without change over the period and the predominance of decreasing returns to scale. They also …

Many European countries have sought to increase the efficiency of national railroad companies through a range of … network to third parties. To estimate the effects of reforms on railroad efficiency, we investigate a new World Bank panel … data set that covers many EU countries over a period of 20 years. We compare the passenger traffic efficiency of national …

applied in incentive regulation practice, where the assessment of efficiency plays a major role in regulation design and … and SFA efficiency scores, have certain practical merits and might offer an useful alternative to strict reliance on a …, but can also improve the precision of efficiency estimation. Based on our results, we give recommendations for the …

This paper explores the empirical effects of competition on technical efficiency in the context of electricity industry … were for the most part unaffected by restructuring, experienced the smallest efficiency gains over the past decade …