Performance of the Public Electric Power Industry: Evidence from Pakistan
The study investigates the performance of electric power sector of Pakistan at the firm level, as well as the sector as a whole. It identifies and attempts to quantify the extent of inefficiencies. Since either physical or financial or productivity indicators alone are not able to explain the duality of public infrastructure purposes and the complexity of their multi-dimensional goals, a set of relevant physical, financial, and productivity indicators have been used in evaluating the performance of this sector. Further, a Cobb- Douglas production function has also been used to calculate the trend in the growth of total factor productivity. Economies of scale have also been studied in the case of electric power generation.
Volume (Year): 40 (2001)
Issue (Month): 2 ()
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- Meyer, Robert A, 1975. "Publicly Owned Versus Privately Owned Utilities: A Policy Choice," The Review of Economics and Statistics, MIT Press, vol. 57(4), pages 391-99, November.
- Glenn Jenkins & Mohamed Lahouel, 1984. "Evaluation Of Performance Of Industrial Public Enterprises: Criteria And Policies," Development Discussion Papers 1984-04, JDI Executive Programs.
- Syed Nawab Haider Naqvi & A. R. Kemal, 1991. "The Privatization of the Public Industrial Enterprises in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 30(2), pages 105-144.
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