Academic Journal
1 Cost Efficiency in Periodic Tariff Reviews: The Reference Utility Approach and the Role of Interest Groups ♣
| العنوان: | 1 Cost Efficiency in Periodic Tariff Reviews: The Reference Utility Approach and the Role of Interest Groups ♣ |
|---|---|
| المؤلفون: | Hamilton C. D. Silva |
| المساهمون: | The Pennsylvania State University CiteSeerX Archives |
| المصدر: | http://warrington.ufl.edu/centers/purc/purcdocs/papers/0725_Silva_Cost_Efficiency_in.pdf. |
| سنة النشر: | 2007 |
| المجموعة: | CiteSeerX |
| مصطلحات موضوعية: | Key words, efficiency, periodic tariff review, reference utility approach, stochastic frontier analysis |
| الوصف: | This paper uses efficiency estimates obtained from both a parametric and a non-parametric benchmarking model to examine the application of the Model Company approach in the Brazilian electricity distribution sector periodic tariff reviews. The study tests for possible causes of the identified divergences in efficiency assessments and checks for potential determinants of firms’ bargaining power in the rate setting process. The investigation reveals that the regulator’s objectives might not have been welfare maximizing in some situations. The results indicate that firms with a lower proportion of electricity delivered to industrial customers, which serve wealthier consumers and operate in more densely populated areas, had lower bargaining power in the tariff setting and received substantially lower prices than the economic benchmarking methods would recommend. On the other hand, the findings show that significantly higher prices might have been given to companies with the opposite characteristics. The study reveals that the joint use of a comparative efficiency analysis technique might contribute to promote greater transparency to the process and credibility for the results obtained with the application of the Model Company method. |
| نوع الوثيقة: | text |
| وصف الملف: | application/pdf |
| اللغة: | English |
| Relation: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.513.7892; http://warrington.ufl.edu/centers/purc/purcdocs/papers/0725_Silva_Cost_Efficiency_in.pdf |
| الاتاحة: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.513.7892 http://warrington.ufl.edu/centers/purc/purcdocs/papers/0725_Silva_Cost_Efficiency_in.pdf |
| Rights: | Metadata may be used without restrictions as long as the oai identifier remains attached to it. |
| رقم الانضمام: | edsbas.6B4F2CFC |
| قاعدة البيانات: | BASE |
| الوصف غير متاح. |