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Ownership and Efficiency in Nuclear Power Production

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  • Pollitt, Michael G

Abstract

This paper uses data envelopment analysis to examine the relative productive efficiency of a sample of seventy-eight publicly and privately owned nuclear power plants operating during the year 1989. The sample includes thirteen U.K. nuclear power plants. Linear programs are used to calculate a variety of plant specific efficiency scores, including measures which attempt to adjust for vintage effects. Nonparametric and Tobit/OLS analysis is employed to test the null hypothesis that ownership has no effect on productive efficiency. The results tentatively suggest that the U.K. plants could expect to reduce costs through significantly lower staffing levels. Copyright 1996 by Royal Economic Society.

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Bibliographic Info

Article provided by Oxford University Press in its journal Oxford Economic Papers.

Volume (Year): 48 (1996)
Issue (Month): 2 (April)
Pages: 342-60

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Handle: RePEc:oup:oxecpp:v:48:y:1996:i:2:p:342-60

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Cited by:
  1. Iglesias-Gómez, Guillermo & Seijas Díaz, A., 2008. "Evaluación de la eficiencia productiva de los parques eólicos gallegos," Estudios de Economía Aplicada, Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 26, pages 167-194, Septiembr.
  2. repec:ise:isegwp:wp162008 is not listed on IDEAS
  3. R. Russell & William Schworm, 2009. "Axiomatic foundations of efficiency measurement on data-generated technologies," Journal of Productivity Analysis, Springer, Springer, vol. 31(2), pages 77-86, April.
  4. Zuzana Kučerová, 2012. "Measuring of Efficiency in the Public and Private Sector – Current Research Approaches," Český finanční a účetní časopis, University of Economics, Prague, University of Economics, Prague, vol. 2012(2), pages 110-125.
  5. repec:ise:isegwp:wp112008 is not listed on IDEAS
  6. Barros, Carlos Pestana, 2008. "Efficiency analysis of hydroelectric generating plants: A case study for Portugal," Energy Economics, Elsevier, Elsevier, vol. 30(1), pages 59-75, January.
  7. Assaf, A. George & Barros, Carlos Pestana & Managi, Shunsuke, 2011. "Cost efficiency of Japanese steam power generation companies: A Bayesian comparison of random and fixed frontier models," Applied Energy, Elsevier, Elsevier, vol. 88(4), pages 1441-1446, April.
  8. See, Kok Fong & Coelli, Tim, 2012. "An analysis of factors that influence the technical efficiency of Malaysian thermal power plants," Energy Economics, Elsevier, Elsevier, vol. 34(3), pages 677-685.
  9. Iglesias, Guillermo & Castellanos, Pablo & Seijas, Amparo, 2010. "Measurement of productive efficiency with frontier methods: A case study for wind farms," Energy Economics, Elsevier, Elsevier, vol. 32(5), pages 1199-1208, September.
  10. Jorge Pinilla & Joaquim Vergés, 2007. "Efectos De La Privatización En La Eficiencia De Iberia Líneas Aéreas De España S.A," Revista Economía y Administración, Facultad de Ciencias Económicas y Administrativas, Universidad de Concepción, Facultad de Ciencias Económicas y Administrativas, Universidad de Concepción, vol. 69, pages 7-38, December.
  11. Barros, Carlos P. & Peypoch, Nicolas, 2007. "The determinants of cost efficiency of hydroelectric generating plants: A random frontier approach," Energy Policy, Elsevier, Elsevier, vol. 35(9), pages 4463-4470, September.
  12. Raczka, Jan, 2001. "Explaining the performance of heat plants in Poland," Energy Economics, Elsevier, Elsevier, vol. 23(4), pages 355-370, July.
  13. Tupper, Henrique Cesar & Resende, Marcelo, 2004. "Efficiency and regulatory issues in the Brazilian water and sewage sector: an empirical study," Utilities Policy, Elsevier, Elsevier, vol. 12(1), pages 29-40, March.
  14. Preetum Domah, 2002. "Technical efficiency in electricity generation - the impact of smallness and isolation of island economies," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge 0232, Faculty of Economics, University of Cambridge.
  15. Briec, Walter & Peypoch, Nicolas & Ratsimbanierana, Hermann, 2011. "Productivity growth and biased technological change in hydroelectric dams," Energy Economics, Elsevier, Elsevier, vol. 33(5), pages 853-858, September.

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