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Regulación y cambio técnico en la industria eléctrica española (1985-1996)

Author

Listed:
  • Fco. Javier Ramos Real

    (Universidad de La Laguna)

  • Eduardo Martínez Budría

    (Universidad de La Laguna)

Abstract

En este trabajo se realiza un estudio de los cambios en la productividad explicados por el cambio técnico en el sector eléctrico español durante el período de vigencia del sistema regulatorio denominado Marco Legal y Estable. Para ello, hemos estimado una función de costes cuadrática de corto plazo con datos del período 1985-1996 considerando que esta actividad es multiproductiva y multifase. A partir de esta estimación, se ha calculado el cambio técnico y su descomposición. Los resultados indican ahorros en costes variables de un 1,9 por 100 anual que fueron más acentuados durante los primeros años de aplicación del Marco Legal y Estable, siendo el cambio técnico puro el principal factor explicativo.

Suggested Citation

  • Fco. Javier Ramos Real & Eduardo Martínez Budría, 2004. "Regulación y cambio técnico en la industria eléctrica española (1985-1996)," Hacienda Pública Española / Review of Public Economics, IEF, vol. 169(2), pages 67-85, June.
    • Handle: RePEc:hpe:journl:y:2004:v:169:i:2:p:67-85
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    Citations

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    Cited by:

    1. Sergio Jara-Díaz & Francisco Ramos-Real, 2011. "The effect of output specification on the optimal policy design for electric utilities," Journal of Regulatory Economics, Springer, vol. 40(1), pages 62-81, August.

    More about this item

    Keywords

    : sector eléctrico; cambio técnico; multiproducción; función de costes cuadrática.;
    All these keywords.

    JEL classification:

    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation

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