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The evolution and main determinants of productivity in Brazilian electricity distribution 1998-2005: an empirical analysis

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Author Info
Francisco J. Ramos-Real
Beatriz Tovar
Mariana Iootty
Edmar Fagundes de Almeida
Helder Jr. Queiroz Pinto

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Abstract

This paper estimates changes in the productivity of the Brazilian electricity distribution sector using Data Envelopment Analysis (DEA) on a panel of 18 firms from 1998-2005. The study decomposes the productivity change of these distribution firms in terms of technical efficiency; scale-efficiency and technical progress. This exercise aims to help the understanding of the main determinants of the evolution of productivity, focusing its relationship with the restructuring process implemented in the 1990s. TFP index records a yearly positive growth rate of 1.3% in the whole period under analysis for all firms. Technical change was the main component behind this evolution, with an average growth of 2.1% per year, while technical efficiency presented a yearly negative performance of -0.8%. The results prove that, in general terms; the incentives generated in the reform process do not seem to have led the firms to behave in a more efficient manner.

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Paper provided by FEDEA in its series Working Papers with number 2008-41.

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Date of creation: Nov 2008
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Handle: RePEc:fda:fdaddt:2008-41

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  1. Simar, L. & Wilson, P.W., 1999. "Statistical Inference in Nonparametric Frontier Models: the State of the Art," Papers 9904, Catholique de Louvain - Institut de statistique.
  2. Førsund, Finn R. & Kittelsen, Sverre A. C., 1998. "Productivity development of Norwegian electricity distribution utilities," Resource and Energy Economics, Elsevier, vol. 20(3), pages 207-224, September. [Downloadable!] (restricted)
  3. Jamasb, Tooraj & Pollitt, Michael, 2003. "International benchmarking and regulation: an application to European electricity distribution utilities," Energy Policy, Elsevier, vol. 31(15), pages 1609-1622, December. [Downloadable!] (restricted)
  4. Jamasb, T. & Pollitt, M., 2007. "Incentive Regulation of Electricity Distribution Networks: Lessons of Experience from Britain," Cambridge Working Papers in Economics 0709, Faculty of Economics, University of Cambridge. [Downloadable!]
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  5. Simar, L. & Wilson, P.W., 1998. "A General Methodology for Bootstrapping in Nonparametric Frontier Models," Papers 9811, Catholique de Louvain - Institut de statistique.
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  6. Rocha, Katia & Camacho, Fernando & Braganca, Gabriel, 2007. "Return on capital of Brazilian electricity distributors: A comparative analysis," Energy Policy, Elsevier, vol. 35(4), pages 2526-2537, April. [Downloadable!] (restricted)
  7. Newbery, D., 2002. "Issues and Options for Restructuring Electricity Supply Industries," Cambridge Working Papers in Economics 0210, Faculty of Economics, University of Cambridge. [Downloadable!]
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