IDEAS home Printed from https://ideas.repec.org/a/pid/journl/v40y2001i2p115-133.html
   My bibliography  Save this article

Performance of the Public Electric Power Industry: Evidence from Pakistan

Author

Listed:
  • Abdul Ghafoor

    (Institute of Social Sciences, and Faculty of Communications, Cyprus International University, Lefkosa, Mersin 10, Turkey.)

  • John Weiss

    (Bradford Centre for International Development, University of Bradford, U.K.)

Abstract

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.

Suggested Citation

  • Abdul Ghafoor & John Weiss, 2001. "Performance of the Public Electric Power Industry: Evidence from Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 40(2), pages 115-133.
    • Handle: RePEc:pid:journl:v:40:y:2001:i:2:p:115-133
    as

    Download full text from publisher

    File URL: http://www.pide.org.pk/pdf/PDR/2001/Volume2/115-133.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Peltzman, Sam, 1971. "Pricing in Public and Private Enterprises: Electric Utilities in the United States," Journal of Law and Economics, University of Chicago Press, vol. 14(1), pages 109-147, April.
    2. 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 391-399, November.
    3. 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.
    4. Glenn Jenkins & Mohamed Lahouel, 1984. "Evaluation Of Performance Of Industrial Public Enterprises: Criteria And Policies," Development Discussion Papers 1984-04, JDI Executive Programs.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bozec, Richard, 2004. "L’analyse comparative de la performance entre les entreprises publiques et les entreprises privées : le problème de mesure et son impact sur les résultats," L'Actualité Economique, Société Canadienne de Science Economique, vol. 80(4), pages 619-654, Décembre.
    2. Egüez, Alejandro, 2021. "District heating network ownership and prices: The case of an unregulated natural monopoly," Utilities Policy, Elsevier, vol. 72(C).
    3. Villalonga, Belen, 2000. "Privatization and efficiency: differentiating ownership effects from political, organizational, and dynamic effects," Journal of Economic Behavior & Organization, Elsevier, vol. 42(1), pages 43-74, May.
    4. Claggett, E. Jr. & Hollas, Daniel R. & Stansell, Stanley R., 1995. "The effects of ownership form on profit maximization and cost minimization behavior within municipal and cooperative electrical distribution utilities," The Quarterly Review of Economics and Finance, Elsevier, vol. 35(35), pages 533-550.
    5. Louis Alessi, 1974. "Aneconomic analysis of government ownership and reculation," Public Choice, Springer, vol. 19(1), pages 1-42, September.
    6. Kitchens, Carl T. & Jaworski, Taylor, 2017. "Ownership and the price of residential electricity: Evidence from the United States, 1935–1940," Explorations in Economic History, Elsevier, vol. 64(C), pages 53-61.
    7. Li, Larry & McMurray, Adela & Sy, Malick & Xue, Jinjun, 2018. "Corporate ownership, efficiency and performance under state capitalism: Evidence from China," Journal of Policy Modeling, Elsevier, vol. 40(4), pages 747-766.
    8. Jim F. Couch & J. Douglas Barrett, 2004. "Alabama’s Enterprise Zones: Designed to Aid the Needy?," Public Finance Review, , vol. 32(1), pages 65-81, January.
    9. Wilfried Sand-Zantman & Jérôme Mathis, 2014. "Competition and Investment: What do we know from the literature?," Working Papers hal-02316767, HAL.
    10. Gift Dafuleya, 2014. "Social Value Creation and Institution-Entrepreneurial Dynamics in a Three Sector Economy," Journal of Economics and Behavioral Studies, AMH International, vol. 6(10), pages 795-809.
    11. Wilson, Elizabeth J. & Plummer, Joseph & Fischlein, Miriam & Smith, Timothy M., 2008. "Implementing energy efficiency: Challenges and opportunities for rural electric co-operatives and small municipal utilities," Energy Policy, Elsevier, vol. 36(9), pages 3383-3397, September.
    12. Tatiana Varcholova & Stela Beslerova, 2013. "Ownership Structure And Company Performance – Research And Literature Review," "e-Finanse", University of Information Technology and Management, Institute of Financial Research and Analysis, vol. 9(2), pages 24-33, October.
    13. Filippo Belloc, 2014. "Innovation in State-Owned Enterprises: Reconsidering the Conventional Wisdom," Journal of Economic Issues, Taylor & Francis Journals, vol. 48(3), pages 821-848.
    14. Ghosh, Saibal, 2008. "Does divestment matter for firm performance?: Evidence from the Indian experience," Economic Systems, Elsevier, vol. 32(4), pages 372-388, December.
    15. Ali Akkemik, K., 2009. "Cost function estimates, scale economies and technological progress in the Turkish electricity generation sector," Energy Policy, Elsevier, vol. 37(1), pages 204-213, January.
    16. Cho, Sung-Bong, 1996. "The power industry in Korea : The business environment for the participation of the private sector," Energy Policy, Elsevier, vol. 24(5), pages 471-475, May.
    17. Peter Friedrich & Anita Dehne & Chang Woon Nam & Anita Kaltschuetz, 2004. "Significance and Determination of Fees for Municipal Finance," CESifo Working Paper Series 1357, CESifo.
    18. Christopher Timmins, 2002. "Measuring the Dynamic Efficiency Costs of Regulators' Preferences: Municipal Water Utilities in the Arid West," Econometrica, Econometric Society, vol. 70(2), pages 603-629, March.
    19. Muller, Renan Bergonsi & Rego, Erik Eduardo, 2021. "Privatization of electricity distribution in Brazil: Long-term effects on service quality and financial indicators," Energy Policy, Elsevier, vol. 159(C).
    20. Alberto Alesina & Silvia Ardagna & Giuseppe Nicoletti & Fabio Schiantarelli, 2005. "Regulation And Investment," Journal of the European Economic Association, MIT Press, vol. 3(4), pages 791-825, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pid:journl:v:40:y:2001:i:2:p:115-133. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Khurram Iqbal (email available below). General contact details of provider: https://edirc.repec.org/data/pideipk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.