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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 … public and private utilities' efficiency …
Persistent link: https://www.econbiz.de/10011595498
in the base year. We build a model that controls for both firm-specific heterogeneity and ownership structure and test it …
Persistent link: https://www.econbiz.de/10011373911
in the base year. We build a model that controls for both firm-specific heterogeneity and ownership structure and test it …
Persistent link: https://www.econbiz.de/10011372119
in the base year. We build a model that controls for both firm-specific heterogeneity and ownership structure and test it …
Persistent link: https://www.econbiz.de/10013013432
We propose a difference-in-differences (DiD) approach to estimate the impact of incentives on cost reduction. We show theoretically, and estimate empirically, that German electricity distribution system operators (DSOs) incur higher costs when subject to a lower powered regulation mechanism. The...
Persistent link: https://www.econbiz.de/10012899944
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 … public and private utilities' efficiency …
Persistent link: https://www.econbiz.de/10012962689
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 …We model the endogenous ownership of a monopoly utility by either investors or the firm's customers. Ownership arises …
Persistent link: https://www.econbiz.de/10012624277
Since the 1990s, efficiency and benchmarking analysis has increasingly been used in network utilities research and … electricity distribution utilities for the 2001-2004 period. We utilize data on almost 100 geographic and weather variables to … environmental variables have a significant effect on the performance of utilities. These effects vanish in the true fixed effects …
Persistent link: https://www.econbiz.de/10008661949
The Telecommunications Act of 1996 requires incumbent monopoly phone companies to lease elements of their networks to rivals. An important policy question is whether these unbundled elements are substitutes for entry modes that are more facilities-based. In this article, we estimate demand...
Persistent link: https://www.econbiz.de/10005471669
models (legal unbundling, ownership unbundling, IDSO) are not adequate here. Instead, we discuss two novel approaches: The …
Persistent link: https://www.econbiz.de/10012119759