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Regulatory reforms and productivity: An empirical analysis of the Japanese electricity industry

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  • Nakano, Makiko
  • Managi, Shunsuke

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Article provided by Elsevier in its journal Energy Policy.

Volume (Year): 36 (2008)
Issue (Month): 1 (January)
Pages: 201-209

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Handle: RePEc:eee:enepol:v:36:y:2008:i:1:p:201-209

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  1. Pacudan, Romeo & de Guzman, Elaine, 2002. "Impact of energy efficiency policy to productive efficiency of electricity distribution industry in the Philippines," Energy Economics, Elsevier, Elsevier, vol. 24(1), pages 41-54, January.
  2. Arellano, Manuel & Bond, Stephen, 1991. "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations," Review of Economic Studies, Wiley Blackwell, Wiley Blackwell, vol. 58(2), pages 277-97, April.
  3. M Arellano & O Bover, 1990. "Another Look at the Instrumental Variable Estimation of Error-Components Models," CEP Discussion Papers dp0007, Centre for Economic Performance, LSE.
  4. Simar, Leopold & Wilson, Paul W., 2007. "Estimation and inference in two-stage, semi-parametric models of production processes," Journal of Econometrics, Elsevier, Elsevier, vol. 136(1), pages 31-64, January.
  5. Goto, Mika & Tsutsui, Miki, 1998. "Comparison of Productive and Cost Efficiencies Among Japanese and US Electric Utilities," Omega, Elsevier, Elsevier, vol. 26(2), pages 177-194, April.
  6. Jean-Philippe Boussemart & Walter Briec & Kristiaan Kerstens & Jean-Christophe Poutineau, 2003. "Luenberger and Malmquist Productivity Indices: Theoretical Comparisons and Empirical Illustration," Bulletin of Economic Research, Wiley Blackwell, vol. 55(4), pages 391-405, October.
  7. Hansen, Lars Peter, 1982. "Large Sample Properties of Generalized Method of Moments Estimators," Econometrica, Econometric Society, Econometric Society, vol. 50(4), pages 1029-54, July.
  8. Jiro Nemoto & Mika Goto, 2006. "Measurement of technical and allocative efficiencies using a CES cost frontier: a benchmarking study of Japanese transmission-distribution electricity," Empirical Economics, Springer, Springer, vol. 31(1), pages 31-48, March.
  9. Richard Blundell & Steve Bond, 1995. "Initial conditions and moment restrictions in dynamic panel data models," IFS Working Papers, Institute for Fiscal Studies W95/17, Institute for Fiscal Studies.
  10. Vaninsky, Alexander, 2006. "Efficiency of electric power generation in the United States: Analysis and forecast based on data envelopment analysis," Energy Economics, Elsevier, Elsevier, vol. 28(3), pages 326-338, May.
  11. Jamasb, Tooraj & Pollitt, Michael, 2003. "International benchmarking and regulation: an application to European electricity distribution utilities," Energy Policy, Elsevier, Elsevier, vol. 31(15), pages 1609-1622, December.
  12. Caves, Douglas W & Christensen, Laurits R & Diewert, W Erwin, 1982. "The Economic Theory of Index Numbers and the Measurement of Input, Output, and Productivity," Econometrica, Econometric Society, Econometric Society, vol. 50(6), pages 1393-1414, November.
  13. Sueyoshi, Toshiyuki, 1999. "Tariff structure of Japanese electric power companies: An empirical analysis using DEA," European Journal of Operational Research, Elsevier, Elsevier, vol. 118(2), pages 350-374, October.
  14. Carlos Pombo & Rodrigo Taborda, 2004. "Perfomance and Efficiency in Colombia's Power Distribution Sistem: Effects of the 1994 Reform," BORRADORES DE INVESTIGACIÓN 006942, UNIVERSIDAD DEL ROSARIO.
  15. Toru Hattori & Tooraj Jamasb & Michael Pollitt, 2005. "Electricity Distribution in the UK and Japan: A Comparative Efficiency Analysis 1985-1998," The Energy Journal, International Association for Energy Economics, International Association for Energy Economics, vol. 0(Number 2), pages 23-48.
  16. Guan Zhengfei & Alfons Oude Lansink, 2006. "The Source of Productivity Growth in Dutch Agriculture: A Perspective from Finance," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, Agricultural and Applied Economics Association, vol. 88(3), pages 644-656.
  17. Jamasb, T. & Pollitt, M., 2000. "Benchmarking and regulation: international electricity experience," Utilities Policy, Elsevier, Elsevier, vol. 9(3), pages 107-130, September.
  18. R. D. Banker & A. Charnes & W. W. Cooper, 1984. "Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis," Management Science, INFORMS, INFORMS, vol. 30(9), pages 1078-1092, September.
  19. Robert G. Chambers & Rulon D. Pope, 1996. "Aggregate Productivity Measures," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, Agricultural and Applied Economics Association, vol. 78(5), pages 1360-1365.
  20. Luenberger, David G., 1992. "Benefit functions and duality," Journal of Mathematical Economics, Elsevier, vol. 21(5), pages 461-481.
  21. Førsund, Finn R. & Kittelsen, Sverre A. C., 1998. "Productivity development of Norwegian electricity distribution utilities," Resource and Energy Economics, Elsevier, Elsevier, vol. 20(3), pages 207-224, September.
  22. Windmeijer, Frank, 2005. "A finite sample correction for the variance of linear efficient two-step GMM estimators," Journal of Econometrics, Elsevier, Elsevier, vol. 126(1), pages 25-51, May.
  23. Walter Briec & Kristiaan Kerstens, 2004. "A Luenberger-Hicks-Moorsteen productivity indicator: its relation to the Hicks-Moorsteen productivity index and the Luenberger productivity indicator," Economic Theory, Springer, Springer, vol. 23(4), pages 925-939, May.
  24. Chen, Tser-yieth, 2002. "An assessment of technical efficiency and cross-efficiency in Taiwan's electricity distribution sector," European Journal of Operational Research, Elsevier, Elsevier, vol. 137(2), pages 421-433, March.
  25. Takanori Ida & Eiichi Ito & Shin Kinoshita, 2007. "Post-regulatory reform productivity gains in Japan's electricity industry," Applied Economics Letters, Taylor & Francis Journals, Taylor & Francis Journals, vol. 14(13), pages 975-979.
  26. Sueyoshi, Toshiyuki & Goto, Mika, 2001. "Slack-adjusted DEA for time series analysis: Performance measurement of Japanese electric power generation industry in 1984-1993," European Journal of Operational Research, Elsevier, Elsevier, vol. 133(2), pages 232-259, January.
  27. Charnes, A. & Cooper, W. W. & Rhodes, E., 1978. "Measuring the efficiency of decision making units," European Journal of Operational Research, Elsevier, Elsevier, vol. 2(6), pages 429-444, November.
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