In 1963, Mac Nerlove set out to determine the returns to scale in the the electricity industry. As Hayashi points out, this paper illustrates the need for econometric analysis of data as opposed to just taking the data at face value. For example, the data may give an impression of increasing returns to scale when plotted. Using econometrics ca
We study returns to scale in Norwegian electricity distribution companies. The scale issue of this ...
In order to assess the efficiencies of a set of production units, it is necessary to identify the na...
<p>Panel A shows the time-series relation between the mean capacity of US power plants and US electr...
Ontario, Canada for the period 1993–5. The data reveal substantial evidence of increasing returns to...
Using an econometric, cost function analysis, the author found large economies of scale, and in some...
In any competitive set up, policy recommendations based on elasticity parameters have assumed greate...
In Chapter 13 of the ‘World Energy Outlook 2002 ’ titled Energy and Poverty, the International Energ...
A few major themes run fairly consistently through the history of productivity and efficiency analys...
Yang (Energy Econ. 22 (2000) 309) has found a bi-directional causal relationship between gross domes...
This paper has a two-fold contribution. First, it examines the importance of accounting for (in)effi...
This paper derives a number of theoretical results in the context of estimating returns to scale, te...
This dissertation has two major objectives. The first objective is to propose a methodology to decom...
Electricity distribution is generally viewed as a natural monopoly and therefore as having the least...
This paper highlights the bias in returns to scale or price-cost markup coefficients when estimated ...
A well-known problem in economic theory is the distinction between econo-mies of scale and technical...
We study returns to scale in Norwegian electricity distribution companies. The scale issue of this ...
In order to assess the efficiencies of a set of production units, it is necessary to identify the na...
<p>Panel A shows the time-series relation between the mean capacity of US power plants and US electr...
Ontario, Canada for the period 1993–5. The data reveal substantial evidence of increasing returns to...
Using an econometric, cost function analysis, the author found large economies of scale, and in some...
In any competitive set up, policy recommendations based on elasticity parameters have assumed greate...
In Chapter 13 of the ‘World Energy Outlook 2002 ’ titled Energy and Poverty, the International Energ...
A few major themes run fairly consistently through the history of productivity and efficiency analys...
Yang (Energy Econ. 22 (2000) 309) has found a bi-directional causal relationship between gross domes...
This paper has a two-fold contribution. First, it examines the importance of accounting for (in)effi...
This paper derives a number of theoretical results in the context of estimating returns to scale, te...
This dissertation has two major objectives. The first objective is to propose a methodology to decom...
Electricity distribution is generally viewed as a natural monopoly and therefore as having the least...
This paper highlights the bias in returns to scale or price-cost markup coefficients when estimated ...
A well-known problem in economic theory is the distinction between econo-mies of scale and technical...
We study returns to scale in Norwegian electricity distribution companies. The scale issue of this ...
In order to assess the efficiencies of a set of production units, it is necessary to identify the na...
<p>Panel A shows the time-series relation between the mean capacity of US power plants and US electr...