Showing 1 - 10 of 20,467
applied in incentive regulation practice, where the assessment of efficiency plays a major role in regulation design and … and SFA efficiency scores, have certain practical merits and might offer an useful alternative to strict reliance on a …, but can also improve the precision of efficiency estimation. Based on our results, we give recommendations for the …
Persistent link: https://www.econbiz.de/10011910874
incentive regulation and efficiency benchmarking in electricity distribution industries and provides valuable insights for … German distribution network operators from 2011 to 2017 to estimate both the transient and persistent cost efficiency of …
Persistent link: https://www.econbiz.de/10012423420
Although the allocative efficiency benefits of competition are a tenet of microeconomic theory, the relation between … competition and technical efficiency is less well understood. Neoclassical models of profit-maximization subsume static cost … efficiency in the context of electricity industry restructuring. Restructuring programs adopted by many U.S. states made …
Persistent link: https://www.econbiz.de/10014028681
applied in incentive regulation practice, where the assessment of efficiency plays a major role in regulation design and … and SFA efficiency scores, have certain practical merits and might offer an useful alternative to strict reliance on a …, but can also improve the precision of efficiency estimation. Based on our results, we give recommendations for the …
Persistent link: https://www.econbiz.de/10014033300
-efficient production level for an incentive regulation of distribution system operators (DSOs). With nearly 900 DSOs operating in the … German electricity sector, of which 200 subject to incentive regulation, the issue of heterogeneity of DSOs has to be … efficiency scores derived from stochastic frontier analysis. To correct for this heterogeneity in coefficients, I propose a …
Persistent link: https://www.econbiz.de/10011448121
used to determine future prices when subject to a lower-powered regulation mechanism. The difference is particularly … significant (about 10% of total cost) for firms in the upper quartile of the efficiency distribution, a pattern which is …
Persistent link: https://www.econbiz.de/10011971656
subject to a lower-powered regulation mechanism. The difference is particularly significant (about 7%) for firms in the upper … quartile of the efficiency distribution, a pattern which is consistent with the pooling of types under the threat of ratcheting. …
Persistent link: https://www.econbiz.de/10011795225
Many European countries have sought to increase the efficiency of national railroad companies through a range of … network to third parties. To estimate the effects of reforms on railroad efficiency, we investigate a new World Bank panel … data set that covers many EU countries over a period of 20 years. We compare the passenger traffic efficiency of national …
Persistent link: https://www.econbiz.de/10014073305
Airport benchmarking depends on airport operational performance and efficiency indicators, which are important issues … complex indicators to evaluate airports performance and efficiency as well as several techniques to benchmark such … infrastructures. The general aim of this work is the development of airport performance and efficiency predictive models using robust …
Persistent link: https://www.econbiz.de/10011508186
The effect of corruption on airport productive efficiency is analyzed using an unbalanced panel data of major European … strong evidence that corruption has negative impacts on airport operating efficiency; and the effects depend on the ownership … lower levels of efficiency when located in more corrupt countries. They even operate less efficiently than fully and …
Persistent link: https://www.econbiz.de/10014110747