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The Effects of Average Norm Model Regulation: The Case of Electricity Distribution in Sweden

  • Tooraj Jamasb

    ()

  • Magnus Söderberg

    ()

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File URL: http://hdl.handle.net/10.1007/s11151-010-9246-8
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Article provided by Springer in its journal Review of Industrial Organization.

Volume (Year): 36 (2010)
Issue (Month): 3 (May)
Pages: 249-269

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Handle: RePEc:kap:revind:v:36:y:2010:i:3:p:249-269
Contact details of provider: Web page: http://www.springerlink.com/link.asp?id=100336

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  1. Burns, Philip & Weyman-Jones, Thomas G, 1996. "Cost Functions and Cost Efficiency in Electricity Distribution: A Stochastic Frontier Approach," Bulletin of Economic Research, Wiley Blackwell, vol. 48(1), pages 41-64, January.
  2. Álvaro Bustos & Alexander Galetovic, 2004. "Monopoly Regulation, Chilean Style: The Efficient-Firm Standard In Theory And Practice," Documentos de Trabajo 182, Centro de Economía Aplicada, Universidad de Chile.
  3. Hammond, C.J. & Jones, G. & Robinson, T., 2000. "Technical Efficiency Under Alternative Regulatory Regimes: Evidence from the Inter-War Britich Gas Industry," Papers 280, Universite de Nantes - Economie Internationale et de l'Entreprise.
  4. Filippini, Massimo & Wild, Jorg, 2001. "Regional differences in electricity distribution costs and their consequences for yardstick regulation of access prices," Energy Economics, Elsevier, vol. 23(4), pages 477-488, July.
  5. Arellano, Manuel & Bond, Stephen, 1991. "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations," Review of Economic Studies, Wiley Blackwell, vol. 58(2), pages 277-97, April.
  6. Jamasb, T. & Pollitt, M., 2007. "Reference Models and Incentive Regulation of Electricity Distribution Networks: An Evaluation of Sweden’s Network Performance Assessment Model (NPAM)," Cambridge Working Papers in Economics 0747, Faculty of Economics, University of Cambridge.
  7. von Hirschhausen, Christian R. & Cullmann, Astrid, 2005. "Efficiency Analysis of German Electricity Distribution Utilities : Non-Parametric and Parametric Tests," Dresden Discussion Paper Series in Economics 06/05, Dresden University of Technology, Faculty of Business and Economics, Department of Economics.
  8. Simon Hall & Mark Walsh & Anthony Yates, 1997. "How do UK companies set prices?," Bank of England working papers 67, Bank of England.
  9. Cécile Aubert & Arnaud Reynaud, 2005. "The Impact of Regulation on Cost Efficiency: An Empirical Analysis of Wisconsin Water Utilities," Journal of Productivity Analysis, Springer, vol. 23(3), pages 383-409, 07.
  10. M. Hashem Pesaran, 2004. "General Diagnostic Tests for Cross Section Dependence in Panels," CESifo Working Paper Series 1229, CESifo Group Munich.
  11. Cowling, Keith & Waterson, Michael, 1976. "Price-Cost Margins and Market Structure," Economica, London School of Economics and Political Science, vol. 43(171), pages 267-74, August.
  12. Emili Grifell-Tatjé & C. A. Knox Lovell, 2003. "The Managers versus the Consultants," Scandinavian Journal of Economics, Wiley Blackwell, vol. 105(1), pages 119-138, 03.
  13. Yu, William & Jamasb, Tooraj & Pollitt, Michael, 2009. "Does weather explain cost and quality performance? An analysis of UK electricity distribution companies," Energy Policy, Elsevier, vol. 37(11), pages 4177-4188, November.
  14. Sanford Berg & Chen Lin & Valeriy Tsaplin, 2005. "Regulation of State-Owned and Privatized Utilities: Ukraine Electricity Distribution Company Performance," Journal of Regulatory Economics, Springer, vol. 28(3), pages 259-287, November.
  15. Jamasb, T. & Pollitt, M., 2000. "Benchmarking and regulation: international electricity experience," Utilities Policy, Elsevier, vol. 9(3), pages 107-130, September.
  16. Jiro Nemoto & Mika Goto, 2006. "Measurement of technical and allocative efficiencies using a CES cost frontier: a benchmarking study of Japanese transmission-distribution electricity," Empirical Economics, Springer, vol. 31(1), pages 31-48, March.
  17. Cropper, Maureen L & Deck, Leland B & McConnell, Kenneth E, 1988. "On the Choice of Functional Form for Hedonic Price Functions," The Review of Economics and Statistics, MIT Press, vol. 70(4), pages 668-75, November.
  18. Sherrill Shaffer, 1998. "Functional Forms and Declining Average Costs," Journal of Financial Services Research, Springer, vol. 14(2), pages 91-115, October.
  19. Mehdi Farsi & Massimo Filippini & William Greene, 2006. "Application Of Panel Data Models In Benchmarking Analysis Of The Electricity Distribution Sector ," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 77(3), pages 271-290, 09.
  20. Ian Domowitz & R. Glenn Hubbard & Bruce C. Petersen, 1986. "Business Cycles and the Relationship Between Concentration and Price-Cost Margins," RAND Journal of Economics, The RAND Corporation, vol. 17(1), pages 1-17, Spring.
  21. Martimort, David, 1999. "The Life Cycle of Regulatory Agencies: Dynamic Capture and Transaction Costs," Review of Economic Studies, Wiley Blackwell, vol. 66(4), pages 929-47, October.
  22. Armstrong, Mark & Sappington, David E.M., 2007. "Recent Developments in the Theory of Regulation," Handbook of Industrial Organization, Elsevier.
  23. Paul L. Joskow & Roger Noll & William Niskanen & Elizabeth E. Bailey, 1994. "Economic Regulation," NBER Chapters, in: American Economic Policy in the 1980s, pages 367-452 National Bureau of Economic Research, Inc.
  24. Mark E Schaffer, 2005. "XTIVREG2: Stata module to perform extended IV/2SLS, GMM and AC/HAC, LIML and k-class regression for panel data models," Statistical Software Components S456501, Boston College Department of Economics, revised 22 Feb 2015.
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