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Efficiency has long been an issue of concern in the electricity sector. Most existing studies relate technical efficiency in the electricity sector to policy or environmental factors. The impact of firm operation factors has rarely been discussed. We estimate Stochastic Frontier models using...
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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 … estimation based on stochastic non-smooth envelopment of data (StoNED) allows for productivity estimation with few microeconomic …
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