Productivity Growth and Biased Technological Change in Hydroelectric Generating Dams
AbstractThis paper analyses productivity growth and the nature of techni- cal change in a sample of Portuguese hydroelectric generating plants over the period 2001 to 2004. In a ¯rst step, we employ the Luen- berger productivity indicator to estimate and decompose productivity change. The results paint a picture of mixed productivity performance in the Portuguese energy sector. In a second step, we analyse the na- ture of this technical change by using the recent concept of parallel neutrality (Briec et al., 2006). We observe a global shift in the best practice frontier as well as evidence of input bias in technical change.
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Bibliographic InfoPaper provided by ISEG - School of Economics and Management, Department of Economics, University of Lisbon in its series Working Papers Department of Economics with number 2008/36.
Date of creation: Jun 2008
Date of revision:
Contact details of provider:
Postal: Department of Economics, ISEG - School of Economics and Management, University of Lisbon, Rua do Quelhas 6, 1200-781 LISBON, PORTUGAL
Web page: https://aquila1.iseg.ulisboa.pt/aquila/departamentos/EC
hydroelectric energy; Portugal; Luenberger productivity indicator; parallel neutrality.;
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- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-11-25 (All new papers)
- NEP-EFF-2008-11-25 (Efficiency & Productivity)
- NEP-ENE-2008-11-25 (Energy Economics)
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