While productivity growth in electricity generation is associated with multiple positive effects from an economic and … environmental perspective, measuring it is challenging. This paper proposes a framework to estimate and decompose productivity … estimation based on stochastic non-smooth envelopment of data (StoNED) allows for productivity estimation with few microeconomic …

The ratio definition of efficiency has the form of a productivity measure. But the weights are endogenous variables and … they do not function as weights in a productivity index proper. It is shown that extended Farrell measures of efficiency … can all be given an interpretation as productivity measures as observed productivity relative to productivity at the …