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efficiency, quality and welfare, despite having lower-value customers. These predictions agree with empirical findings for US … utilities, and find direct support using data from Electricity Distribution Businesses in New Zealand. To reflect ownership … suggest that performance comparisons of customer- and investor-owned utilities should account for ownership endogeneity. This …
Persistent link: https://www.econbiz.de/10012624277
bayesian inference is still capable of contemplating the temporal dynamics of efficiency. The consideration of this point is … fundamental, because the studies done to evaluate the efficiency of the electric sector have neglected the fact that part of the … increase in efficiency of a utility comes from the gain of scale due to the expansion of the market, a process that happens …
Persistent link: https://www.econbiz.de/10013400239
public and private utilities' efficiency …While the link between the ownership and productive efficiency of firms has been discussed extensively, no consensus … flexible production model to test for efficiency differences associated with ownership types while allowing the production to …
Persistent link: https://www.econbiz.de/10011595498
bayesian inference is still capable of contemplating the temporal dynamics of efficiency. The consideration of this point is … fundamental, because the studies done to evaluate the efficiency of the electric sector have neglected the fact that part of the … increase in efficiency of a utility comes from the gain of scale due to the expansion of the market, a process that happens …
Persistent link: https://www.econbiz.de/10013277322
Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in … efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …
Persistent link: https://www.econbiz.de/10010510115
financial) triggers less bank efficiency in low income countries than in their middle income counterparts. These findings …
Persistent link: https://www.econbiz.de/10011410558
observations from the data. We show that differencing out the data further erodes efficiency compared to drawing inference …
Persistent link: https://www.econbiz.de/10011586178
Persistent link: https://www.econbiz.de/10011796015
Persistent link: https://www.econbiz.de/10010359342
pending question whether efficiency in the provision of public goods and services is affected by strategic behavior. I examine … how electoral cycles influence local government efficiency by using OLS fixed effects, event study, and instrumental … variable estimations in a large balanced panel of around 2,000 municipalities in the German state of Bavaria. Cost efficiency …
Persistent link: https://www.econbiz.de/10012663286