Comparative electricity efficiency analysis in Italy

Microeconomic benchmarking of Italy's electricity distribution utilities

VDM Verlag Dr. Müller (2009-11-27 )

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ISBN-13:: 978-3-639-21843-5
ISBN-10:: 3639218434
EAN:: 9783639218435
Idioma del libro:: Inglés
Notas y citas / Texto breve:: This book analyses the comparative efficiency of local electricity distributors in Italy using both econometric (deterministic and stochastic frontiers) and linear programming (Data Envelopment Analysis) techniques. Cross-sectional data are examined for ENEL, the former electricity monopolist, and for a sample of municipal authorities ("MUNIs"). Econometric estimation results highlight non-exhaustion of scale economies at sample mean values. The analysis fails to spot any systematic efficiency outperformance of ENEL's units vis-à-vis municipal distributors. ENEL's local units tend to outperform MUNIs in metropolitan and, sometimes, rural areas. MUNIs tend to outperform ENEL in medium-sized, Northern jurisdictions, probably as a result of different economic and structural regional realities.
Editorial:: VDM Verlag Dr. Müller
Sitio web:: http://www.vdm-verlag.de
Por (autor):: Gian Carlo Scarsi
Número de páginas:: 184
Publicado en:: 2009-11-27
Stock:: Disponible
Categoría:: Economía
Precio:: 72.08 $
Palabras clave:: Industrial organisation, Econometrics, Linear Programming, electricity distribution, relative efficiency analysis, Benchmarking, Italy, ENEL, DEA, stochastic frontier analysis

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