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In January 2009 Germany introduced incentive regulation for the electricity distribution sector based on results obtained from econometric and nonparametric benchmarking analysis. One main problem for the regulator in assigning the relative efficiency scores are unobserved firm-specific factors...
Persistent link: https://www.econbiz.de/10014206521
Interconnections can be an effective way to increase competition and improve market integration in concentrated wholesale electricity markets with limited participants. This paper examines the potentials for interconnections and increasing market integration in the Irish Single Electricity...
Persistent link: https://www.econbiz.de/10013108883
We measure firm-level productivity changes in the Indian electricity sector during a period that witnessed several pro … decomposition of productivity into components of changes in technology, efficiency, scale and price effect. During this period …, especially post Electricity Act 2003, we observed a general decline in firm-level productivity at the mean rate of -1.6% per year …
Persistent link: https://www.econbiz.de/10013087453
Since the 1990s, efficiency and benchmarking analysis has increasingly been used in network utilities research and regulation. A recurrent concern is the effect of environmental factors that are beyond the influence of firms (observable heterogeneity) and factors that are not identifiable...
Persistent link: https://www.econbiz.de/10008661949
Persistent link: https://www.econbiz.de/10009781111
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upgrading in foreign-acquired firms. We reveal substantial productivity gains within foreign-acquired firms and we show that …
Persistent link: https://www.econbiz.de/10012892251
their performance and productivity; are hurting the productivity and growth of healthy firms; and are increasingly lowering … aggregate productivity …
Persistent link: https://www.econbiz.de/10014350004
In this study, we address a major problem in the measurement of firm performance and the regulation of natural monopolies, namely the intertemporal character of long-term investment decisions. In specific, we focus on the impact of adjustment costs of investments on estimates of firms’...
Persistent link: https://www.econbiz.de/10010253389
productivity and electricity productivity. Apart from positive effects on firm economic and environmental performance, cost …-price pass through significantly benefitted consumers, and the productivity improvements limited increases in carbon emissions. …
Persistent link: https://www.econbiz.de/10014470429