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productive efficiency of the companies due to the use of the inputs in just one activity and a greater level of transparency for … the regulator. This paper analyzes the cost efficiency of 28 electricity distribution companies in New Zealand for the … function are estimated in order to evaluate the impact of ownership unbundling on the level of cost efficiency. The results …
Persistent link: https://www.econbiz.de/10009743731
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
German distribution network operators from 2011 to 2017 to estimate both the transient and persistent cost efficiency of … incentive regulation and efficiency benchmarking in electricity distribution industries and provides valuable insights for …
Persistent link: https://www.econbiz.de/10012423420
Persistent link: https://www.econbiz.de/10011660552
This paper analyzes the efficiency of Italy's local electricity distributors according to two different measurement …-check the results stemming from different methodologies. The paper's main finding is that comparative efficiency analysis failed … to spot any systematic efficiency superiority of ENEL's local units over municipal utilities. Overall efficiency …
Persistent link: https://www.econbiz.de/10014196226
Nash Bargaining problem. The efficiency of candidate merged entities is determined by a relative-influence function that … measures the degree to which the combination of the involved firms’ levels of efficiency results in cost … impact on efficiency levels and consolidation patterns, and that even a substantial subsidy would still leave about five …
Persistent link: https://www.econbiz.de/10014093233
Persistent link: https://www.econbiz.de/10014310704
Persistent link: https://www.econbiz.de/10014480863
Policies that impact the production sector, such as intermediate goods taxation (e.g. taxing robots) and trade liberalization create winners and losers. When do we need to integrate pre-distribution concerns in the design of these production policies? Should we consider the endogenous changes of...
Persistent link: https://www.econbiz.de/10014543834
-best efficiency, they lead to Pareto-improvements and production efficiency. Moreover, the production efficiency advantage persists …
Persistent link: https://www.econbiz.de/10014125047