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Flawed Competition Policies: Designing ‘Markets’ with Biased Costs and Efficiency Benchmarks

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  • Francis Cronin
  • Stephen Motluk

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  • Francis Cronin & Stephen Motluk, 2007. "Flawed Competition Policies: Designing ‘Markets’ with Biased Costs and Efficiency Benchmarks," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 31(1), pages 43-67, August.
    • Handle: RePEc:kap:revind:v:31:y:2007:i:1:p:43-67
    DOI: 10.1007/s11151-007-9142-z
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    References listed on IDEAS

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    1. Bagdadioglu, Necmiddin & Waddams Price, Catherine M. & Weyman-Jones, Thomas G., 1996. "Efficiency and ownership in electricity distribution: A non-parametric model of the Turkish experience," Energy Economics, Elsevier, vol. 18(1-2), pages 1-23, April.
    2. Charnes, A. & Cooper, W. W. & Rhodes, E., 1978. "Measuring the efficiency of decision making units," European Journal of Operational Research, Elsevier, vol. 2(6), pages 429-444, November.
    3. Fare, R. & Grosskopf, S. & Logan, J., 1985. "The relative performance of publicly-owned and privately-owned electric utilities," Journal of Public Economics, Elsevier, vol. 26(1), pages 89-106, February.
    4. Jamasb, T. & Pollitt, M., 2000. "Benchmarking and regulation: international electricity experience," Utilities Policy, Elsevier, vol. 9(3), pages 107-130, September.
    5. Weyman-Jones, Thomas G., 1991. "Productive efficiency in a regulated industry : The area electricity boards of England and Wales," Energy Economics, Elsevier, vol. 13(2), pages 116-122, April.
    6. 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.
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    Cited by:

    1. Agrell, Per J. & Teusch, Jonas, 2020. "Predictability and strategic behavior under frontier regulation," Energy Policy, Elsevier, vol. 137(C).
    2. Cronin, Francis J. & Motluk, Stephen, 2011. "Ten years after restructuring: Degraded distribution reliability and regulatory failure in Ontario," Utilities Policy, Elsevier, vol. 19(4), pages 235-243.
    3. TEUSCH, Jonas, 2016. "Merger Incentives Under Yardstick Competition : a Theoretical Model," LIDAM Discussion Papers CORE 2016037, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    4. Haney, Aoife Brophy & Pollitt, Michael G., 2013. "International benchmarking of electricity transmission by regulators: A contrast between theory and practice?," Energy Policy, Elsevier, vol. 62(C), pages 267-281.

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    More about this item

    Keywords

    Efficiency; Electric distribution utilities; Utility regulation; Yardstick competition; D24 -Production; Capital and Total Factor Productivity; L51 - Economics of Regulation; L94 - Industry Studies: Electric Utilities;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities

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