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This paper evaluates cost and scale efficiencies of Switzerland’s regulated bus companies operating in regional networks. The adopted methodology can be used in benchmarking analyses applied to incentive regulation systems. Moreover, the estimations can be used to evaluate the bidding offers...
Persistent link: https://www.econbiz.de/10008471769
The deregulation of the electricity industry is currently on the political agenda in many countries. In most countries, the deregulation of the sector is combined with a (re-) regulation of the electricity networks in most of the countries. In this paper, we analyze the costs structure of 59...
Persistent link: https://www.econbiz.de/10008514319
The purpose of this study is to analyze the cost efficiency of electricity distribution systems in order to enable regulatory authorities to establish price- or revenue cap regulation regimes. The increasing use of efficiency analysis in the last decades has raised serious concerns among...
Persistent link: https://www.econbiz.de/10010603934
This paper explores the economies of scale and scope in the electricity, gas and water utilities. These issues have a crucial importance in the actual policy debates about unbundling the integrated utilities into separate entities, a policy which has often been supported by the ongoing reforms...
Persistent link: https://www.econbiz.de/10008510281
This paper examines the application of different parametric methods to measure cost efficiency of electricity distribution utilities. The cost frontier model is estimated using four methods: Displaced Ordinary Least Squares, Fixed Effects, Random Effects and Maximum Likelihood Estimation. These...
Persistent link: https://www.econbiz.de/10008514312
This paper applies an ordered logit model to fuel choices and patterns of cooking fuels in urban Indian households. A large microeconomic dataset is employed to carry out the analysis. The results show that in addition to income, there are several socio-demographic factors such as education and...
Persistent link: https://www.econbiz.de/10008514313
In the last two decades electricity distribution sector have witnessed a wave of regulatory reforms aimed at improving efficiency through incentive regulation. Most of these regulation schemes use benchmarking namely measuring a company’s efficiency and rewarding them accordingly. The...
Persistent link: https://www.econbiz.de/10008495873
The purpose of this study is to analyze the cost structure of a sample of Swiss multi-modal urban transport operators in order to assess economies of scale and scope. The results suggest that the industry is characterized by increasing returns to scale and economies of scope. Several European...
Persistent link: https://www.econbiz.de/10008495877
This study presents an empirical analysis of the cost efficiency of a sample of Swiss multi-utilities operating in the distribution of electricity, natural gas and water. The multi-utilities that operate in different sectors are characterized by a strong unobserved heterogeneity. Therefore the...
Persistent link: https://www.econbiz.de/10008500738
We analyze the technical efficiency of German and Swiss urban public transport companies by means of SFA. In transport networks we might face different network structures or complexities, not observed, but influencing the production process. The unobserved factors are typically modeled as...
Persistent link: https://www.econbiz.de/10008500744