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Regulaci n y cambio t cnico en la industria el ctrica espa ola (1985-1996)

Author

Listed:
  • Fco. Javier Ramos Real

    (Universidad de La Laguna)

  • Eduardo Mart nez Budr a

    (Universidad de La Laguna)

Abstract

En este trabajo se realiza un estudio de los cambios en la productividad explicados por el cambio t cnico en el sector el ctrico espa ol durante el per odo de vigencia del sistema regulatorio denominado Marco Legal y Estable. Para ello, hemos estimado una funci n de costes cuadr tica de corto plazo con datos del per odo 1985-1996 considerando que esta actividad es multiproductiva y multifase. A partir de esta estimaci n, se ha calculado el cambio t cnico y su descomposici n. Los resultados indican ahorros en costes variables de un 1,9 por 100 anual que fueron m s acentuados durante los primeros a os de aplicaci n del Marco Legal y Estable, siendo el cambio t cnico puro el principal factor explicativo.

Suggested Citation

  • Fco. Javier Ramos Real & Eduardo Mart nez Budr a, 2004. "Regulaci n y cambio t cnico en la industria el ctrica espa ola (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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    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

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    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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