Technical efficiency and impacts of deregulation: An analysis of three functions in US electric power utilities during the period from 1992 through 2000

被引：29

作者：

Goto, Mika ^{[1
]}

Tsutsui, Miki ^{[1
]}

机构：

[1] Socioecon Res Ctr, Ctr Res Inst Elect Power Ind, Tokyo 2018511, Japan

来源：

ENERGY ECONOMICS | 2008年 / 30卷 / 01期

关键词：

electricity; deregulation; technical efficiency;

D O I：

10.1016/j.eneco.2006.05.020

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The main purpose of this study is to examine the impacts of deregulation on technical efficiency and its changes over time for large-scale U.S. electric power utilities during the period from 1992 through 2000. We analyze the efficiency of three individual functions, i.e., generation, transmission/distribution, and general administration, and the deregulatory impacts on each of them. In order to implement the analysis, we estimate an input distance function by using a stochastic frontier analysis. The results indicate that there is a significant impact of deregulation on efficiency in the generation and general administration functions, while no effects are observed in the transmission/distribution function. (C) 2006 Elsevier B.V. All rights reserved.

引用

页码：15 / 38

页数：24

共 35 条

[1]

Aigner D., 1977, Journal of Econometrics, V6, P21, DOI [DOI 10.1016/0304-4076(77)90052-5, 10.1016/0304-4076(77)90052-5]

[2]

[Anonymous], 1993, MEASUREMENT PRODUCTI

[3] Measuring and decomposing productivity change: Stochastic distance function estimation versus data envelopment analysis [J].

Atkinson, SE ;

Cornwell, C ;

Honerkamp, O .

JOURNAL OF BUSINESS & ECONOMIC STATISTICS, 2003, 21 (02) :284-294

[4]

Battese G.E., 1993, Working Papers in Econometrics and Applied Statistics, V69

[5]

Battese G. E., 1995, Empirical Economics, V20, P325, DOI DOI 10.1007/BF01205442

[6] ESTIMATION OF A PRODUCTION FRONTIER MODEL - WITH APPLICATION TO PASTORAL ZONE OF EASTERN AUSTRALIA [J].

BATTESE, GE ;

CORRA, GS .

AUSTRALIAN JOURNAL OF AGRICULTURAL ECONOMICS, 1977, 21 (03) :169-179

[7]

*CAEM, 2003, EL RET EN DER IND 20

[8] ECONOMIES OF SCALE IN UNITED-STATES ELECTRIC-POWER GENERATION [J].

CHRISTENSEN, LR ;

GREENE, WH .

JOURNAL OF POLITICAL ECONOMY, 1976, 84 (04) :655-676

[9] A comparison of parametric and non-parametric distance functions: With application to European railways [J].

Coelli, T ;

Perelman, S .

EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, 1999, 117 (02) :326-339

[10] Accounting for environmental influences in stochastic frontier models: With application to international airlines [J].

Coelli, T ;

Perelman, S ;

Romano, E .

JOURNAL OF PRODUCTIVITY ANALYSIS, 1999, 11 (03) :251-273

← 1 2 3 4 →